Some information about the ETC token.

in Tron Fan Club2 days ago

Hello friends, how are you all? I hope everyone is well, and today I will discuss with you a wonderful cryptocurrency called Ethereum Classic ETC. This is the original version of the original Ethereum blockchain and is especially known for its security and decentralization. Let's know the current status and history of this token and its prospects.

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The current price of Ethereum Classic ETC is $16.18 which is about ৳1,970.56 in Bangladeshi Taka and its price has decreased by about 4.20% in the last 24 hours and which is part of the natural fluctuations of the market and the highest price of ETC in the last 24 hours was $17.83 and the lowest price was $16.03 which means that although the price is slightly lower, it is still in the eyes of investors and the highest recent price of the ETC token was All Time High of $176.15 which happened on May 7, 2021 and in Bangladeshi Taka it is equal to about ৳21,454.25 and on the other hand its lowest price was All Time Low of just $0.45 which happened on July 26, 2016 and in this long journey ETC has proven its strength and created a stable position in the market.

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And currently, ETC's market cap is around $2.5 billion and around ৳304.22 billion and it is now ranked 39th and its total supply is 210.7 million ETC, of which 153.91 million are currently in circulation and due to the limited supply, the price is likely to increase if demand increases in the future, ETC still uses Proof of Work PoW technology in its network and which is as strong and secure as Bitcoin and this technology makes it almost impossible to hack or change the block chain and due to this secure and decentralized network, ETC is still a symbol of trust for many investors.

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The main strength of Ethereum Classic is its stability and trustworthiness and it was formed after the Ethereum hack in 2016 when a group of blockchain developers stuck to the core principles and maintained the Code is Law principle and as a result of that principle ETC still maintains its own blockchain and many projects are working on it, ETC can be a good investment for a few reasons firstly its limited supply will help increase the price in the future and secondly it is still compatible with many applications and smart contracts on the Ethereum network and thirdly it can act as a stable and safe asset in the long term.

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And market analysts think that Ethereum Classic can make a new rise in the future and with the development of Web3 smart contracts and decentralized applications, ETC can again play a strong role and according to many if the crypto market returns to a bullish state then ETC can easily reach $50 or more and after all it can be said that Ethereum Classic ETC is a token that symbolizes stability and security and tradition in the long term and although market fluctuations are normal it still has the potential to be a good investment for the future and for those who want to invest in proven and old block chain projects ETC can be a strong and safe option.

Thank you everyone for reading my post.

@baizid123

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