Ethereum Classic’s Re-Entry Into Crypto Top 10 Short-Lived

[cheezcarls]

Ethereum Classic (ETC) had its best week in the last year, as investors took the coin into the top ten of cryptocurrencies by market cap.

The event followed the recent hard fork titled Agharta, which includes features of the Ethereum (ETH) Constantinople fork. It is the first step to make ETC fully compatible with Ethereum. Additionally, Binance became the first exchange to offer ETC futures.

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We know how it feels when a certain coin or token has stopped its momentum, like the Ethereum Classic.

My good friend from Australia did have some ETC holdings, and he was so lucky because of ETC’s great momentum last week. Even if it was short lived, it’s a good sign that ETC might have a bright future ahead if massively adopted in the right way.

Hard forks could really contribute to the coin’s pump or volume, but not all. However, I don’t believe that this will be the last time for us to see ETC having a great momentum like last week.

[nutriagrigia]

I sold all my ETC during this pump. despite the fact that they are making some kind of updates on their network, I stopped believing in this coin even after the first hard fork when Callisto token was giving away to the ETC holders. At that time, I realized that this project is a scam like many others and it is a bad idea to hold it in the long run. I bought cheap - sell at the first pump and you should do the same

[naikturun]

I sold all my ETC during this pump. despite the fact that they are making some kind of updates on their network, I stopped believing in this coin even after the first hard fork when Callisto token was giving away to the ETC holders. At that time, I realized that this project is a scam like many others and it is a bad idea to hold it in the long run. I bought cheap - sell at the first pump and you should do the same

some people do it that way because it won't go up all the time, when it is pumped the coin will definitely go down.
so selling when market conditions rise is the right thing, unless you are a long-term holder.

[rizkyalhabsy]

i guess the big whales seems bored already,playing with the BSV at the first then when they got satisfied,they find new toys,and lets guess what is it ? yes, that right, The Ethereum classic.
then people says XLM got pumped too,another people says its probably because SDF has stopped huge XLM giveaway lately.

[Desscount]

I sold all my ETC during this pump. despite the fact that they are making some kind of updates on their network, I stopped believing in this coin even after the first hard fork when Callisto token was giving away to the ETC holders. At that time, I realized that this project is a scam like many others and it is a bad idea to hold it in the long run. I bought cheap - sell at the first pump and you should do the same

some people do it that way because it won't go up all the time, when it is pumped the coin will definitely go down.
so selling when market conditions rise is the right thing, unless you are a long-term holder.

When you sell ETC do you already know the predictions that will come? and whether you will buy it back when corrected ?, I hope you do not regret when altcoin season comes friends  

[Kyraishi]

While I support the cause of ETC to be an immutable crypto ledger that is free from centralized control, I don't think that it can quite grow out of the shadow of ETH itself.

It's more of an ideological movement, if you will, with occasional bullish runs along the way as speculators look to it for quick, short term profits. In the long run, even though I don't necessarily approve of ETH's doings after the DAO incident, I expect it to outperform ETC significantly.

With that said, it should come as no surprise that ETC did slip out of the top 10.