Since coinbase announced to launch ETC on their platform , investors have shown a great interest in this Ethereum fork coin.
Before this announcment , Etc was valued at 12$ but after announcement it showed a dramatic growth and went up to 60 % . According to coinmarketcap currently its running on 16.22$ . Also the coin's marketcap is increased by $600m.
This announcement of listing Etc on Coinbase is a game changer for this coin and its community . According to this exchange , they have some asset policy and the coins listed on or trying to list on this exchange must come under the criteria . This includes concerns over a coin’s legality as well as long-term viability and prospect for an expanding user base.
Some days before , Thailand's Security and Exchange Commission included Ethereum Classic as a part of acceptable coins used in ICO's held in the country .
Also at the end of June, ETC was added to the Fundstradt 10 Index, it is a price-tracker mainly used for institutional investors for suggesting growing demand and major financial interest.
We can say that ETC is a quiter coin in public , but nowdays it began take part in public interests.
According to the Ethereum Classic roadmap, the development teams are building Lisk-style sidechain infrastructure as a means to solve the scalability issues that have long plagued both ETH and ETC.
As Ethereum struggles with snail-like transaction speeds and rocketing costs, ETC may have found a window of opportunity.
At last all these facts about ETC gives us an idea that still there is an opprtunity to buy some ETC and take some profits in coming days , because listing on coinbase in really a big deal . The day when it started trading on Coinbase must be huge for ETC . I think we can see a higher spikes in prices.
Thnkuu
