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Turning to the current red trading market, it became clear that Ethereum Classic (ETC) is the best bet for the future. On the surface, many investors have underestimated the currency until they have realized how stable it can be during difficult market times.
The beauty of money is a resource that involves low risks. This has not been amplified by the market, but twice. During the crypto-crash at the beginning of the year, ETC offered the hope that investors were looking for in the market. The last few months have seen the market crash and only the classic price of Ethereum that has not been hit hard.
ETC Market Performance Only
Ethereum classic started from Ethereum two years ago and, although it is not possible to compare the two by market capitalization, technically ETC is superior to ETH. Initially, the adoption of the currency was law due to the low hype after the fork, but the currency got the right recognition at the right time. This is one of the reasons that is holding on to the market very well.
The team behind the ETC project is focusing on the future of money. Just like the Ethereum, the ETC team is working tirelessly to avoid scalability issues. This is in preparation for early mainstream adoption. The implementation of their first side chains, which will be completed by the end of the quarter, is what investors are waiting for.
With major improvements from Zeniex, CoinPayments and a portfolio upgrade, this sleeping giant is about to take off. Although there is no advertising campaign around the platform, nothing will prevent the currency from taking its legitimate position among the top 10 popular currencies on the market.
Ethereum Classic Partnerships
When it comes to strategic partnerships, the team is very demanding; seems to collaborate with platforms that have a good reputation and in particular the secure ones. This explains why he recently collaborated with Zeniex, a respected exchange based in South Korea.
This partnership will see ETC penetrate the Asian market with a memorandum of understanding already signed between the two. With the growing popularity of the currency in Asia, the end of the coin is even in sight. Through a tweet that was offered to us via the ETC handle on Twitter:
Ethereum Classic has also announced a new partnership with a multi-currency portfolio provider; CoinPayments. This dress will support the currency in payment processing. This is a huge advantage for ETC as the partner platform accepts over 450 digital resources and this will increase CE matching.
Ethereum Classic has remained quiet for a while and seems to want to increase its market presence and the upgrade of the parity portfolio appears to be ready for the intended use of the platform. Since the detection of a bug in one of the previous versions, the technical team was able to isolate it from here the need for users to update their software.
Market Price Rounds of Ethereum Classic (ETC)
The performance of ETC was not rosy, but compared to other Altcoin, it worked better in the last month. The currency has reached a maximum of $ 21.71 and a minimum of $ 14.09 in the last 30 days against the background of the market which is generally traded on red. Last week saw coins trading up to $ 16.44 and a minimum of $ 15.74 lost marginal 0.55%.
Following the above figures, the stability of the coins on the market is still evident even though investors underestimate it. At the time of writing, the currency is trading at $ 15.34 according to CoinMarketCap charts. With recent partnerships with two major players in the market, it seems that a currency breakout is forming.
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