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Ethereum Classic Price Prediction 2024-2050

Here are some key highlights from our latest analysis on the price movement and future projections of Ethereum Classic.

  • The live price of Ethereum Classic is $22.89 (ETC/USD).
  • Our recent ETC price prediction indicates that its value will increase by 10.38% and reach $35.33 by July 12, 2024.
  • Our technical analysis indicators signal bearish market sentiment on ETC.
  • ETC has had 13/30 (43%) green days and 8.35% price volatility.

Let’s explore the detailed yearly Ethereum Classic price predictions for 2024-2050 based on historical price movements, technical analysis.

Yearly ETC Price Predictions: 2024 – 2030

Based on the historical price movements of Ethereum Classic and considering the BTC halving cycles, here are the ETC price predictions from 2024 up until 2030.

Year Minimum Price Maximum Price
2024 $31.85 $122.72
2025 $32.95 $123.82
2026 $30.03 $59.67
2027 $30.97 $38.27
2028 $30.86 $50.49
2029 $41.17 $214.53
2030 $32.12 $89.76

Ethereum Classic Price Prediction 2024

Ethereum Classic price at the start of 2024 was around $30. Based on ETC price prediction and market trend analysis, prices are expected to range between $31.85 at the minimum level and around $122.72 at the maximum level.

Ethereum Classic Price Prediction 2025

Ethereum Classic prediction 2025 is expected to reach a minimum price of $32.95 and a maximum price of $123.82. Compared to the current price, ETH may see a growth of 441.07% by 2025.

Ethereum Classic Price Prediction 2026

Considering the price of Ethereum Classic and its fluctuations over the past years, ETH price prediction for 2026 expect a minimum price of $30.03 and a maximum price of $59.67.

Ethereum Classic Price Prediction 2027

Based on the historical ETC price analysis and market trends, the Ethereum Classic price forecast for 2027 expects a minimum price of $30.97 and a maximum price of $38.27. On average, the trading price will be $34.62.

Ethereum Classic Price Prediction 2028

Based on the Ethereum Classic price analysis by crypto analysts and current market trends, the Ethereum Classic price forecast for 2028 expects a minimum price of $30.86 and a maximum price of $50.49. On average, the trading price will be $40.69.

Ethereum Classic Price Prediction 2029

Based on the ETC price analysis by crypto analysts and current market trends, the Ethereum Classic predictions for 2028 expect a minimum price of $41.17 and a maximum price of $214.53. On average, the trading price will be $127.85.

Ethereum Classic Price Prediction 2030

The maximum price of Ethereum Classic may reach $89.76 by the end of 2030. If everything goes well, we can expect an average ETH price will be around $60.94. Compared to the current price, ETC may see a growth of 292.14% by 2030.

ETC Price Prediction 2040

After analyzing Ethereum Classic prices in previous years, it is assumed that Ethereum Classic could reach $264.78 by December 2040. Compared to the current price, this reflects a potential growth of 1056.75% by 2040.

ETC Price Prediction 2050

After analyzing Ethereum Classic (ETC) coin prices in previous years, it is assumed that the price of Ethereum Classic could reach $147.68 by December 2050. This reflects a potential growth of 545.17% compared to the current price.

Technical Analysis of Ethereum Classic

As of 3 July, 2024, the Ethereum Classic price is trading around $22.89 with a trading volume of $240,576,560.22. The current circulating supply is 146,910,345 ETC, with a market cap of $4,082,143,950.10. The all-time high price for ETC was $165.75 on May 16, 2021, while the lowest price recorded was $0.452446 on July 25, 2016.

In summary, based on technical analysis, Ethereum Classic (ETC) is expected to maintain its upward movement in the coming months, potentially achieving new highs. However, it’s crucial to remain vigilant about short-term volatility and bearish signals.

Price History of Ethereum Classic

Ethereum Classic struggled to mark its name in the market, and it was not among the most debated tokens on Social media. But that story ended long back after ETH price action entered the race of being in the top cryptos of the world.

For a long time, Ethereum Classic (ETC) price traded sideways. Finally, the price increased significantly at the beginning of 2021. Consequently, Ethereum Classic made a medium-term high at $39 in the second week of April 2021. After a minor retracement, ETC triggered an upward price stir, and the surge made higher highs on the chart. The bullish trend marked an all-time high at $176.1 on May 06, 2021. It was more than 5X return for investors within the short term.

Unfortunately, the following price drop took ETC to the $31 range, and the market detected investors losing money rapidly. Demand for the coin reduced in the overall market, and Ethereum Classic made swings on the daily chart. ETC tried for an upward journey many times but failed to break the hurdle at $78. According to experts’ bearish market price prediction, it may continue the down trip.

Overview of Ethereum Classic

Ethereum Classic is a continuation of the original Ethereum blockchain. It is an open-source, decentralized platform for smart contracts and payments. It is formed due to a split from Ethereum’s main blockchain. After a major DAO attack in 2015, Ethereum developers decided to implement a hard fork in the network. Though many crypto projects pursue improvements, Ethereum Classic proponents were not interested in welcoming the hard fork update to beat competitive edges. As a result, the blockchain split into two ETH, ETC.

Ethereum Classic (ETC) adheres to the principle that code is the law, and its distributed ledger consists of a robust ETC ecosystem of on-chain applications and services. Based on developers’ opinions. Ethereum Classic is a conservatively running system focused on security and preserving the original Ethereum blockchain. In contrast, Ethereum is a progressively running system focused on performance.

What Is Ethereum Classic and How Does ETC Work?

Ethereum Classic network works similarly to Ethereum. It has a blockchain platform for payments and smart contracts with which users can purchase, transfer ownership and interact. Ethereum supports a modified version of the Proof of Work-based Nakamoto consensus through transaction-based state transitions, executed on a public Ethereum Virtual Machine.

Ethereum Classic entitles developers to create dapps in Turing’s complete programming language, which means developers can build automated applications through conditional outcomes.

Ethereum Classic (ETC) is the native token that fuels ETC Network. ETC ranked 36 in terms of market capitalization. Ethereum Classic’s activities are handled by ETC, which can be mined through Proof of Work consensus. The average transaction fee of Ethereum Classic is 0.0001 ETC, pretty average compared to Ethereum.

What Makes Ethereum Classic Unique?

Ethereum Classic is a public open-source computing platform that permits users to manage digital assets without intermediaries. The smart contracts of Ethereum are uncensorable, and they can be easily created, deployed, and executed. Following are the unique benefits of the Ethereum Classic:

Quick and Affordable Transaction

Verifications are automated without intermediary involvement, ensuring fast and highly economical transactions.

Immutability

Transactions written and recorded in the blockchain cannot be varied at any cost. This was the primary factor that proponents of the Ethereum Classic put forward when the splitting happened, and Ethereum Classic enforced greater integrity and security in the system.

Programmable

Ethereum Classic blockchain supports programmability. It permits developers to write and execute programs for dApps and smart contracts.

High Reliability

Ethereum Classic has handled smart contracts, payment systems, and other services for more than seven years. It hasn’t come across any significant fraud issues, censorship or downtime yet.

Ethereum Classic Roadmap

June 2016 was a dark month in Ethereum history because the DAO was hacked, and Ether slowly drained from the system. In the same year, the controversial hard fork was announced to prevent further attacks. However, on July 20, 2016, DAO Bailout hard fork was reported with 80% node upgraded. Consequently, within hours, the chain splits. Some miners still supported the Ethereum original chain, which is now known as the Ethereum Classic. On July 23, 2016, three days after the chain split, Ethereum Classic (ETC) was listed on Poloniex. In August 2016, Ethereum Classic declared its independence.

After that, Ethereum enabled four main upgrades in its roadmap. In 2017, Ethereum Classic went for Gotham Upgrade, and in 2019 Atlantis Upgrade. Subsequently, in 2019, the Agharta upgrade went live, and Ethereum Classic implemented the Phoenix upgrade in 2020. Finally, Ethereum Classic implemented the Thanos upgrade to adjust the mining algorithm from Ethash to Etcash.

Mystique Hard Fork

Mystique is a united hard fork implemented across participants to improve protocol working. The hard fork was successfully activated in the second week of February, and Mystic brought a subset of EIP, part of Ethereum’s London fork. The hard fork is specified in Mystique EVM and protocol updates. It includes alternative refund reduction (EIP-3529), and EIP-3541 will reject new contracts starting with 0xEF byte. Since fee market change (EIP-1559) and BASEFEE OPcode (EIP-3198) conflict with Ethereum classic’s monetary policy, EIP-3198 is omitted. Additionally, difficulty bomb delay (EIP-3553) is also eliminated because it has already been removed from Ethereum.

ETCPunks

ETCPunks is the first ERC721 standard NFT on the Ethereum Classic Blockchain. There are 10000 ETC Punks stored on IPFS. Buyers can buy, sell and trade digital collectibles. Users can pick up any number of NFTs from the available list on the ETC Punks’ website. But when the entire list is over, users cannot get one at the exchange rate. Currently, all the 10000 NFTs are available on the website. The website is user-friendly and straightforward, and users can filter it by attributes or sort NFTs by rank and add that to ‘MyETCPunks.’

ETCbits

ETCbits are a rare collection of 3D NFTs. The website grouped twenty thousand 3-D avatars in nine attributes regarded as the first Meebits collection on Ethereum classic. Minting one will cost 2 ETC, but it will give random ETCbits from the available list. The total collection consists of 57 Skeletons, 72 robots, 256 elephants, 5 Dissected, 18 Visitors, 710 pigs, and 18881 Humans. As of now, 54 ETCbits are available among the first list of thousand NFTs. Minting will reward 3% to 7% for every minted ETCbits. Users need to connect MetaMask wallet for all purposes.

Will the Ethereum Classic price go up?

Ethereum Classic (ETC) coin’s price is trading around $21. Ethereum has a comparatively weak penetration in the crypto world. Price prognosis and movements are slow since it always has competition and comparison with Ethereum. But long term predictions demonstrate that prices will unhurriedly move upward. The crypto industry hopes ongoing developments can bolster the price move. Let’s explore Ethereum Classic prediction for the upcoming years:

Expert’s Opinion on Ethereum Classic

Ethereum Classic price forecast from Wallet investor says ETC can catch 500 percent by 2027. From prediction data, Ethereum will call $58 by Dec 2022 and $156 by Dec 2025.

DigitalCoinPrice suggests Ethereum Classic forecast experts give projections that the coin may trade at $38 by 2022, and it will kick $58.80 by 2025. Further, they issued ETC is bullish towards $131.80 by 2030.

Price Prediction revealed that the Ethereum Classic price can catch $35 by the year-end and $116 by 2025. The website expects a slow price move in ETC.

GOV Capital issued a bullish ETC price prediction. In their view, the price of Ethereum Classic can catch $36 in the current year; ETC may extend to $135 by 2025.

Trading Beasts revealed a bearish ETC price prediction for Ethereum Classic. They believe ETC can border $24 by 2022 and $60 by 2025.

From the above analysis, Trading Beasts are not projecting that ETC is a good investment option. Apart from that, other Ethereum Classic forecast experts are moderately bullish on the future journey of the ETC.

FAQs

Is ETC a good investment?

The forecast for Ethereum Classic indicates that it is bullish enough to consider it a long-term investment. Looking at the past, ETC has not given an ample amount of return to investors; instead, it was moderately bullish in the last year. Based on future predictions, ETC can be considered as a good investment for the long term, but there is no necessity that predictions will go as expected. Own research and proper investment advice are necessary before making a buying decision in ETC.

Will the ETC price go up?

ETC price will tackle the all-time high and move up in the future.

How to Buy ETC Tokens?

Users can select an exchange of their choice where ever ETC is listed. After signing up in the exchange, connect your wallet or bank account. Search for the ETC symbol, touch the buy button, add the amount and number of tokens, and buy Ethereum Classic.

Where to Buy ETC?

Ethereum classic cryptocurrency is available in major crypto exchanges such as Coinbase, Binance, Poloniex, and many more.

Will ETC Surpass its Current ATH?

Yes, ETC is expected to tackle the all-time high in 2026.

Can ETC reach $100 soon?

Future price analysis shows ETC cannot reach $100 soon, but probably in 2024 ETC will extend to $100.

What will Ethereum Classic be worth in 2025?

ETC will reach an average price of 156 by 2025. The maximum price expected is $188.

Does ETC have a future?

Yes. ETC has a future, and the crypto market may support future developments and work of the Ethereum classic community. Developers of Ethereum Classic are coming up with additions of new technology to beat the market competition.

Ronald Cribbs: Ronald Cribbs is a reporter who has studied in Journalism and previously worked as a freelance reporter in well-known publications and financial news websites. He is regularly going for the interview with leading industry players of crypto space. He has been following cryptocurrencies since 2012.