📈 Ethereum Classic ( $ETC ): Old School That Won't Quit
Market capitalization: $1.98B.
Ethereum Classic is like a vinyl record in the age of streaming: old school, reliable, and with a character of its own.
🟡 ETC stays true to the original Ethereum code and Proof-of-Work mechanism while the rest of the world shifts to Proof-of-Stake.
What's happening now❔
🗣The community is preparing a major Olympia Upgrade – a true revolution in network governance. The key feature: creating a DAO at the protocol level, where 80% of fees will be burned and 20% directed to a treasury to fund development. This solves the long-standing problem of dependence on external grants.
🗣Additionally, ETC Grants DAO is actively expanding into Hong Kong, betting on the region's new Web3 legislation. Proof-of-Work remains ETC's ace in the hole: as miners seek alternatives after the Ethereum Merge, Ethereum Classic looks like an attractive option. The price is currently hovering around $12 – an accumulation zone for those who believe in crypto market cycles.
Trade Guidelines:📈📉
📈 Holding above $12.4 – opens the path to $13.4-15. 📉 Drop below $11.7 – risk of sliding to $11.2.
Conclusion: ETC is a bet on the classics and the long game. Olympia could become a growth catalyst by year's end.
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📈 Ethereum Classic ( $ETC ): Old School That Won't Quit
Market capitalization: $1.98B.
Ethereum Classic is like a vinyl record in the age of streaming: old school, reliable, and with a character of its own.
🟡 ETC stays true to the original Ethereum code and Proof-of-Work mechanism while the rest of the world shifts to Proof-of-Stake.
What's happening now❔
🗣The community is preparing a major Olympia Upgrade – a true revolution in network governance. The key feature: creating a DAO at the protocol level, where 80% of fees will be burned and 20% directed to a treasury to fund development. This solves the long-standing problem of dependence on external grants.
🗣Additionally, ETC Grants DAO is actively expanding into Hong Kong, betting on the region's new Web3 legislation. Proof-of-Work remains ETC's ace in the hole: as miners seek alternatives after the Ethereum Merge, Ethereum Classic looks like an attractive option.
The price is currently hovering around $12 – an accumulation zone for those who believe in crypto market cycles.
Trade Guidelines:📈📉
📈 Holding above $12.4 – opens the path to $13.4-15.
📉 Drop below $11.7 – risk of sliding to $11.2.
Conclusion:
ETC is a bet on the classics and the long game. Olympia could become a growth catalyst by year's end.
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