Ethereum, ranked as the 17th-best currency in the global coin ranking list, divided the Ethereum community once it was forked out of Ethereum’s first major system update. For quite some time after the initial fork, Ethereum Classic was doing more than well with also having been ranked as one of the top 20 coins, however, it soon started to drop against the dollar, while collecting only 1.3% of gains in the last two months. Now, we can see ETC clearly progressing in the last 30 days, even though it had adopted the latest trend of trading in the red, as the majority of coins is dropping in the last 3 days. Let’s see how well Ethereum Classic did, as well as find out more about the latest updates made by ETC dev team.
Ethereum Classic in the Last 30 Days
Although ETC has risen not more than 1.3% in the last two months, which is considered to be a pretty weak set of gains in the period of 60 days, we can now see Ethereum Classic under the more positive light.
Apparently, Ethereum Classic has had a major rebound as it was trading up during the most of April, which was pretty easy on the majority of currencies. April came as a perfect time for bouncing off, as February and March went pretty tough on the crypto market, dictating frequent drops and setting up the trend of trading in the red.
That is how ETC has made an amazing improvement when it comes to its market value, during the course of 30 days. During April, ETC has made it with acquiring 71% of gains in the course of 4 weeks, which helped Ethereum Classic adopt a pretty smooth rebound rate.
During the course of the last two weeks, ETC has gone up against the dollar for 13% up while it gained 7.3% against the dollar during the last week, which was also considered to be pretty benevolent for the sake of the total market cap of all cryptos put together.
Now, that the majority of coins are going down with the latest market trend where a great port...