Ethereum Classic (ETC) continues to be a significant player in the cryptocurrency landscape. As a blockchain platform focused on immutability and decentralized applications, it maintains a dedicated community and steady market presence. This article provides a detailed look at ETC's current price, market data, historical performance, and future outlook, offering valuable insights for investors and enthusiasts.
Live Ethereum Classic (ETC) Price and Market Data
Staying updated with real-time market data is crucial for making informed decisions in the volatile crypto market. Here’s a snapshot of Ethereum Classic's current performance.
Current ETC Price:
As of the latest data, Ethereum Classic is trading at approximately ¥121.05. The 24-hour trading volume stands around ¥24.62 million, reflecting active market participation.
Market Capitalization:
ETC's market cap is currently valued at about ¥18.46 billion, accounting for roughly 0.072% of the total cryptocurrency market. The fully diluted market cap is estimated at ¥25.5 billion.
Recent Price Movement:
Over the past 24 hours, the price has seen a slight decrease of 0.59%. However, it has experienced a positive movement of nearly 4% over the past week.
Detailed ETC Market Metrics
Understanding key metrics helps assess the asset's health and potential. Below is a breakdown of essential ETC data:
Price Data:
- 24h Trading Volume: ¥24.62M
- All-Time High: ¥1,203.04
- 24h High: ¥124.79
- All-Time Low: ¥4.42
- 24h Low: ¥120.96
Market Cap Information:
- Market Capitalization: ¥18.46B
- Fully Diluted Market Cap: ¥25.5B
- Ratio (MC/FDMC): 72.4%
- General Market Sentiment: Cautiously optimistic
Supply Metrics:
- Circulating Supply: 152.54M ETC
- Total Supply: 152.54M ETC
- Maximum Supply: 210.7M ETC
Ethereum Classic (ETC) Price Analysis and Forecast
Predicting future cryptocurrency prices is inherently challenging due to market volatility. However, analyzing trends and expert projections can provide a plausible outlook for Ethereum Classic.
Short-Term Outlook (2025):
Analysts suggest an average trading price around ¥121.02 for 2025. Prices could potentially fluctuate between a low of ¥83.5 and a high of ¥141.59 throughout the year.
Long-Term Projection (2035):
Looking further ahead, some models indicate a possibility of ETC reaching upwards of ¥352.45 by 2035. This would represent a significant potential return compared to current levels, though such long-term forecasts are highly speculative.
It's vital to remember that these predictions are not guarantees. They are based on analytical models and historical data, which can be influenced by countless unforeseen factors like regulatory changes, technological advancements, and broader economic conditions.
| Year | Projected Low | Projected High | Projected Average | Potential Change |
|---|---|---|---|---|
| 2025 | ¥83.5 | ¥141.59 | ¥121.02 | -- |
| 2026 | ¥114.24 | ¥185.14 | ¥131.31 | +8.00% |
| 2027 | ¥112.34 | ¥172.47 | ¥158.23 | +30.00% |
| 2028 | ¥132.28 | ¥226.53 | ¥165.35 | +36.00% |
| 2029 | ¥129.32 | ¥211.61 | ¥195.94 | +61.00% |
| 2030 | ¥152.83 | ¥216 | ¥203.77 | +68.00% |
| 2031 | ¥157.41 | ¥224.58 | ¥209.89 | +73.00% |
| 2032 | ¥199.85 | ¥260.68 | ¥217.23 | +79.00% |
| 2033 | ¥155.32 | ¥303.48 | ¥238.96 | +97.00% |
| 2034 | ¥160.02 | ¥341.73 | ¥271.22 | +124.00% |
| 2035 | ¥251.31 | ¥352.45 | ¥306.48 | +153.00% |
For those looking to dive deeper into market analysis, you can explore advanced charting tools that offer technical indicators and real-time data.
Historical Price Performance of ETC
Examining past performance helps contextualize current price action and identify potential trends. Ethereum Classic has shown various periods of growth and correction.
Recent Performance Snapshot:
- Past Hour: -0.63% (approx. -¥0.77)
- Past 24 Hours: -0.59% (approx. -¥0.72)
- Past 7 Days: +3.98% (approx. +¥4.63)
- Past 30 Days: -4.97% (approx. -¥6.33)
- Past Year: -25.41% (approx. -¥41.23)
This data shows short-term resilience with a weekly gain despite minor hourly and daily dips. The longer-term yearly decrease aligns with broader market trends experienced by many digital assets.
Frequently Asked Questions
What is Ethereum Classic (ETC)?
Ethereum Classic is a decentralized, blockchain-based computing platform that enables smart contracts and decentralized applications. It originated from a philosophical split with Ethereum (ETH) in 2016, with ETC maintaining the original chain based on the principle of "code is law."
How can I buy or trade Ethereum Classic?
ETC is listed on numerous major cryptocurrency exchanges. You can typically buy it using fiat currency or trade it for other cryptocurrencies like Bitcoin or stablecoins. Always ensure you use a reputable and secure platform for your transactions. To get started with a secure trading experience, choose a platform with strong security measures and user support.
What factors influence the price of ETC?
The price is influenced by a combination of factors including overall cryptocurrency market sentiment, Bitcoin's price movement, network development updates, adoption rates for its technology, regulatory news, and broader macroeconomic conditions.
Is Ethereum Classic a good long-term investment?
Like any cryptocurrency, ETC carries significant investment risk and volatility. Its long-term value depends on continued development, community support, and broader adoption of its blockchain. While price predictions exist, they are speculative. Always conduct thorough research and consider your risk tolerance before investing.
What is the difference between Ethereum (ETH) and Ethereum Classic (ETC)?
The primary difference is philosophical. After a major hack in 2016, the Ethereum community split. ETH created a new chain that reversed the hack, while ETC continued the original chain, prioritizing immutability. They have since evolved as separate projects with different development roads.
Where can I store my ETC securely?
You can store ETC in a variety of wallets. For large amounts, a hardware wallet (cold storage) is considered the most secure option. For smaller, frequent amounts, reputable software wallets or exchange-provided wallets can be used, though the latter is considered less secure than self-custody options.
Conclusion
Ethereum Classic presents a unique proposition in the crypto world with its steadfast commitment to blockchain immutability. Its current market data shows active trading, and while recent performance has seen some declines, it has also demonstrated periods of growth. Long-term price forecasts are optimistic but should be approached with caution due to market unpredictability. As always, potential investors should prioritize extensive personal research and risk assessment.