The price of ethereum-classic and Ravencoin (RVN) has grown a lot lately. Do you have any idea why there is such a rise in price?
Is this a market price scam or are these new Ethereum replacements for mining in September?
Yes ETC pumps, because it get support from vitalik, many people also realize that etc was the original blockchain, it has the same feature like ETH, but with less fees. ETC has also a max coin cap - ETH not.
Also this news from Antpool:
AntPool, a mining pool associated with mining rig giant Bitmain, on July 27 commits $10 million to support the Ethereum Classic ecosystem while promising to invest more. Leon Lv, CEO of AntPool, believes the Classic ecosystem can benefit from high-quality proof-of-work (PoW) projects and layer-2 scalability through scaling solutions.
ETC was undervalued and many people call it a scam or so, but the rise of the original Ethereum has began.
But at the moment many altcoins pumping hard last time - BTG RVN BCH LTC for example