In this guide, we will voice our own and market’s opinion on ETC future while discussing Ethereum Classic price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Ethereum Classic.
Now, let’s head into it. Before we delve deep into the Ethereum Classic price prediction and answer questions if ETC is a good investment or not, why will ETC succeed or fail or why will Ethereum Classic price rise or drop, let’s quickly throw a glance at what is ETC and its to date history.
Our ETC price forecast suggests the token price will be around $10.76 in the next 90 days.
👉 Ethereum Classic Price Prediction 2024
Our ETC price forecast suggests the token price will be around $8.73 in 2024.
👉 Ethereum Classic Price Prediction 2025
We predict the Ethereum Classic price to hover around $50.60 in 2025 based on our analysis.
👉 Ethereum Classic Price Prediction 2026
In 2026, we expect the Ethereum Classic price to be approximately $0 according to our price prediction model.
👉 Ethereum Classic Price Prediction 2027
Our ETC prediction indicates the token price will be in the vicinity of $0 in 2027.
👉 Ethereum Classic Price Prediction 2028
For 2028, we forecast the ETC price to be around $0 given current trends.
👉 Ethereum Classic Price Prediction 2029
Looking ahead to 2029, we estimate the Ethereum Classic price will settle around $0.
👉 Ethereum Classic Price Prediction 2030
Our ETC price prediction suggests a token price of about $0 by 2030 based on projected growth.
What you'll learn 👉
Ethereum Classic Intro
Ethereum Classic (ETC) is a fork of Ethereum. Or, as some would say, Ethereum is a fork of Ethereum Classic… depending on who you ask and can be a little confusing. Either way, the original Ethereum blockchain is split into two competing versions. The DAO aka the Decentralized Autonomous Organization was a complex smart contract which was going to revolutionize Ethereum forever. It was basically going to be a decentralized venture capital fund which was going to fund all future DAPPS made in the eco-system.
Within 28 days of its formation, it accumulated over $150 million worth of ether in a crowdsale. At that time, it had 14% of all ether tokens issued to date. On 17th June 2016, someone exploited this very loophole in the DAO and siphoned away one-third of the DAO’s funds. That’s around $50 million dollars. The aftermath of the hack split the community: one part wanted to do a hard fork and create a new chain with the separation right before the DAO attack. That gave birth to Ethereum.
The ones that were not in agreement with the hard fork and insisted on the immutability of the blockchain stayed in what is now called Ethereum Classic.
ETC is a smart contracts platform that has some of the largest network activity of any blockchain, consistently higher than Bitcoin Cash, and neck-and-neck with Litecoin. They have multiple developer teams, all of whom are committed to the long term ETC vision. They are in the top-10 in programmer activity (measured by code commits). They have numerous sources of funding, and we continue to grow, day-by-day, commit-by-commit, line-by-line of code to create a bullet-proof network that anyone can use.
Both blockchains are identical in every way up until block 1920000 where the hard-fork to refund The DAO token holders was implemented, meaning that all the balances, wallets, and transactions that happened on Ethereum until the hard-fork are still valid on the Ethereum Classic Blockchain. After the hard-fork, the blockchains were split in two and act individually.
The battle between Ethereum and Ethereum Classic is both an ethical and ideological one.
Ethereum Classic Price Prediction
Following the landmark approvals of Bitcoin ETFs earlier this year, there has been a surge in interest from both retail and institutional investors. This could be a game-change for crypto. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative finish of the year. At least this is what crypto traders hope for. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Now, attention is turning towards post-halving rallies, with the BTC halving and ETH ETFs now well behind us. Ripple was also fined to pay $125 million to SEC based on the most recent ruling decision. This is considered as another victory for XRP. Bitcoin has almost tripled in price since last summer, with the upcoming US elections expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60-63k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $2,400 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and historical post-halving rallies. Some of the hottest sectors so far this year were memes, RWA and AI projects.
ETC Price Prediction For The Next 90 Days
Below is a tabular overview of how will ETC develop in the short-term (for the next 90 days), according to our prediction model:
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Ethereum Classic Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-63k range. Total market capitalization is currently at around $2.2 trillion (it was around $1 trillion in June last year). Despite having strong start of the year, the market then “survived” two crashes this summer, in July and August when BTC plunged to around $50k. It bounced off this area quickly though.
Bitcoin halving happened in April and historical data tells us the BTC price starts to rally 6-12 months after the halving, so we are still not there yet. Ethereum ETFs are now also a done deal, although we see constant outflows there on a daily basis.
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR, NOT, TON, WIF, or most recently SUI and POPCAT produced nice gains.
All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
ETC Price Prediction 2025
Our prediction model sees ETC reaching $50.60 in 2025.
What will ETC be worth in 5 years?
The price of ETC in 5 years could lie around $0, according to CaptainAltcoin’s prediction model.
Ethereum Classic Price Prediction 2030 – 2040
What Ethereum Classic will be worth in 2030?
Our forecasting model sees Ethereum Classic reaching $0 in 2030.
What Ethereum Classic will be worth in 2040?
Our forecasting model sees Ethereum Classic reaching $0 in 2040.
Will Ethereum Classic replace / surpass / overtake Bitcoin?
No, Ethereum Classic will not replace or overtake BTC.
How high will Ethereum Classic go?
Our forecasting model sees Ethereum Classic price crashing and dropping to near 0 in a distanced future.
Is Ethereum Classic worth buying?
We do not see a bright future for Ethereum Classic. It is worth buying only as a short-term speculation with a good exit strategy. Ethereum Classic is not a good long-term hold.
Is Ethereum Classic a good investment?
Ethereum Classic is not a good investment in our opinion. Why? Well, it faces a fierce competition from other similar crypto projects, does not stand out with its technology and innovation, does not have a genuine community (not counting speculators and hype-chasing crowd) and the team behind the project is unproven.
Can Ethereum Classic make you a millionaire?
No, Ethereum Classic can not make you a millionaire as we do not see it doing a 10x price increase any time in the future.
How much will Ethereum Classic be worth?
For the short-term future, it could reach $10.76. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts.
Why will Ethereum Classic succeed and go up in price?
Ethereum Classic has a slim chance of succeeding. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. All of this summed up prevents Ethereum Classic to succeed and rise in price for the long-term.
What is the short-term prediction for Ethereum Classic?
Ethereum Classic will reach $10.76 in the next 90 days, which is a 59.6% change over the current price which hovers around $26.63.
Ethereum Classic Price Prediction Today - What will be the price of Ethereum Classic tomorrow?
Ethereum Classic will hover around $26.84 tomorrow.
Market Price Predictions
- Ambcrypto’s Projection: For 2024, they expect ETC’s price to vary between $21.82 and $32.74, averaging around $27.28.
- CoinPedia’s Outlook: They suggest that ETC could reach a value of $52.10 by the end of 2025.
- Gov Capital’s Estimation: They predict that ETC’s price could soar to $50.53526088386, a 148.221% increase, within a year. This implies that a $100 investment today might be valued at approximately $248.221 by December 7, 2024.
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Can you be any more biased and Negative against ETC? You fat Faggot.
I have read acticles that show both sides of the argument. I feel like it will fall more to the better side, the way the other guy broke down the actual technology was more convincing i could be wrong but heck no one really knows what’s going to happen. I read articles that said bitcoin was going to fail since 2011 same thing with ETH. This article was based more on how you see it and how you feel about it, i would of liked to see more actual facts because facts don’t really care about your feelings. and if i remember correctly the other article said that ETC is the only one that hasn’t been hacked. ETH and BTC and DOGE have all been hacked and people have stolen coins. Correct me if im wrong but that’s what I read.
Actually, ETC had a double spend incident more than once (two or three times, I am not sure and I am in a hurry to check it RN). So, ETC is a PoW coin with a very low security due to the low hash-rate on the network. It is a dead project, holders will face this harsh reality once it really dies = once it starts getting delisted from exchanges (that is the only real way crypto projects die).
And now $128
And now reach $67 🙂
Well this guy was incredibly WRONG. Good thing I didn’t read this horrible article when it came out. ETC is going through the roof!!!
DAMN. Could anyone have been more WRONG about ETC??? This guy sounds like a fool now.
what a hack… even now etc is building, its hash rate is extremely high and now very secure. Its not often you find something like etc to get in on the ground floor years after it started.. yet here we are. Im buying in, more dapps, meme coins and nfts are popping up every day on the chain.