Why ethereum classic is performing well?

[Prateek_sharma]

While all the altcoins are suffering in the crypto market whereas ethereum classic is performing really well in the crypto market. ETC Price Surges Above 10%

Source: https://coinpedia.org/news/ethereum-classic-price-analysis/

Is it right time to invest in ETC? Let me know!

[2Kool4Skewl]

Ethereum is a classic decentralized coin that has a strong team of even three as it turned out.  They always evolve and strive to bring their product to the fore.  Therefore, it is growing.  Recently, a lot of supporters of the Ethereum classic have appeared.

[Herbert2020]

based on the articles you keep publishing on your website it seems like you are playing fast and loose with the term "performing well" and its meaning!

in the altcoin world an altcoin is performing well when it is pumping at least 50% in a day. otherwise it is performing poorly and if it is not rising at all or anything below 5% then it is losing you money (as a trader in the altcoin market) because other altcoins are getting pumped much bigger and traders are making profit there.

this is what you are calling "performing well":
free fall from 0.01 to 0.0006:

[Bunsomjelican]

While all the altcoins are suffering in the crypto market whereas ethereum classic is performing really well in the crypto market. ETC Price Surges Above 10%

Source: https://coinpedia.org/news/ethereum-classic-price-analysis/

Is it right time to invest in ETC? Let me know!

Ethereum classic(ETC) is one of the potential coins in the market, which is good to trade in the exchange platform too and good to hold also.
If it is giving a good performance now in the market it means, it was a good sign for us to buy em then hold in a long term. But if you think is not, its up to you to buy em or not.

[dcomomal]

ETC is doing better than the original Ethereum. Maybe because the whole bunch of ETH supporters left with this hardfork. Right now, it is a great time to invest in every altcoin, because the prices are just too great, not only by ETC

[DaMut]

ETC is doing better than the original Ethereum. Maybe because the whole bunch of ETH supporters left with this hardfork. Right now, it is a great time to invest in every altcoin, because the prices are just too great, not only by ETC

No no no, you were wrong. There is no way a clone is better than the original one.

Look at ETH chart:


and compare it with ETC:


nobody is leaving ETH right now, on the other hand. Based on ETH volume, we can see people are accumulating more at this price.
Do not forget about ETC drama, it's more like ETC supporter left it.

[poornamelessme]

While all the altcoins are suffering in the crypto market whereas ethereum classic is performing really well in the crypto market. ETC Price Surges Above 10%

Source: https://coinpedia.org/news/ethereum-classic-price-analysis/

Is it right time to invest in ETC? Let me know!

Curious about this too... not that I plan to invest in ETC, but I do hold a teensy bit (basically leftover scraps from cashing out oddball coins on exchanges with high withdrawal fees on BTC/ETH).

Guessing it has something to do with either some hardfork they have planned or comments recently by a dev on a possible name change (not sure if it was a serious comment or not). Either that, or just market randomness. As for stating it is performing really well ... I know crypto people use a short-term timeline for most things, but we are talking about a single day. Like all alts, it has been suffering along with everyone else the past couple of months.

[thiscomm]

I think this is not the time to invest in ETC because the price is still the same as other altc sometimes it goes up but it quickly goes down like now I just saw that ETC is back down by 1.32%. if my advice is better you invest in the original ethereum because even if it goes down you will still benefit because of its quite good development. see later at the end of the year for the original ETH.

[linkingt]

after bitcoin it is ethereum that is in second position.it is as popular as bitcoin,and the 1st ranker in altcoins. Ethereum classic is one of the potential coins.ethereum classic Is also named by ethereum and also the project members of that are working so hard. that's why ethereum classic are performing so well.

[Prolifik]

Sometimes there is no fundamental behind the growth. Ethereum Classic is in a downtrend just like other altcoins and it's just a matter of time before it falls down again.

[nwosuchristabe2]

On seeing the post, I had to rush to check the market value of etc presently, and I was disappointed by your definition of 'performing well', there's barely any upwards movement on ethereum classic and the performance is just average, if not insignificant.

[kramchers]

ETC for me is a day trading coin, you can lose huge on this once fall.
They might be performing well but it never last long and slide the price in the market.
ETC is a good thing and much better price than they started, still not a good long investment.