PNUTTY

ETC: The Ethereum Underdog

BITFINEX:ETCUSD   Ethereum Classic / Dollar
- ETC reaching 36 dollars as it looks to reach back up to it’s ATM high of 43
- Showing similar price recovery patterns to Ethereum

If you think that Ethereum classic is the little brother of Ethereum , you would be mistaken. ETC is actually ETH’s competitor, and the story bears a long and interesting history. Here’s a good article on the history of two from blockgeeks: https://blockgeeks.com/guides/what-is-et...

I’ve always viewed the classic ether similarly to Litecoin. A lower price tag with some decent price movements. The question is whether it will follow Litecoin’s path and break free of the 100 dollar level and enter the 200 and 300 dollar region. Could be the case should Ethereum actually break free of the 1000 dollar price level which it struggles to establish support at.



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