Ethereum Classic’s ‘Irrational’ Price Tripling Bears Hallmark of Dogecoin Frenzy

“I think a lot of the interest has to do with the fact that dogecoin has moved so much and U.S.

Ethereum Classic was born out of a contentious split from Ethereum in 2017, known in blockchain lingo as a “hard fork.” However, it quickly lost the support of the larger Ethereum software-developer community and has never attained a similar level of respect among industry executives and investors.

Yet, that hasn’t stopped ETC’s price from shooting up for eight straight days in the current bull market.

Ethereum classic’s gains, by contrast, appear to be largely driven by retail investors in both the West and East, according to analysts.

Robinhood currently supports seven cryptocurrencies on its platform: bitcoin, bitcoin cash, bitcoin sv , according to its website.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

…Read the full story