Predictions Ethereum Classic 2018: Ethereum classic is the original cryptocurrency of Ethereum. Ethereum's blockchain is based on the intelligent contract system. It also allows developers to run various applications. With the help of decentralized blockchain, developers will be able to easily run the application more securely. Furthermore, smart contracts can be easily executed on the blockchain.
While the applications of Ethereum could be many but most of the cryptocurrency enthusiasts are only interested in knowing the price predictions of Ethereum classic. When investing in a cryptocurrency, you must also observe the fundamentals at the base of the platform. Now that you are familiar with the fundamentals, we will enter the price predictions of this cryptocurrency.
Ethereum Classic 2018 Pricing Rates:
By the end of this calendar year, the cryptocurrency is expected to reach around $ 65. Within 5 years, it is expected to reach around $ 171. So, the amount of appreciation it can give you over a five year period. It is huge. It can provide you with an almost fivefold return in 5 years. This is good enough for any cryptocurrency investor. Moreover, since the volatility is comparatively on the lower side, it will be easier for you to bring some stability into your wallet with the help of this cryptocurrency.
Moreover, since it is the classic cryptocurrency, you can be sure that there will be no more forks to this cryptocurrency. This also means that the value of the cryptocurrency is also maintained. When the value of the cryptocurrency is maintained, it will be really easier for you to earn from the price increase.
It is the original cryptocurrency of Ethereum which guarantees that it can also be considered a blue-chip cryptocurrency. This gives you more security in your wallet. In most cases, when blue-chip cryptocurrencies can provide this type of return, it is not necessary to examine the smaller cryptocurrencies.
Therefore, if you are looking to invest in Ethereum classic, it is important to examine these few points and then make an investment call. Currently, the price seems to move on favorable levels and one can think of an investment at current prices. If you are willing to hold on for a long period of time, you will be able to get good returns from these levels.