ETC (Ethereum Classic) 24-hour pump 2.23%
Gate News Bot news, on September 29, according to CoinMarketCap, as of the time of writing, ETC (Ethereum Classic) is currently priced at $18.42, with a 2.23% rise in the last 24 hours, reaching a high of $19.09 and a low of $17.64. The current market capitalization is approximately $2.831 billion, an increase of $61.6 million compared to yesterday.
Ethereum Classic is an open-source, decentralized smart contract platform. In response to the Ethereum fork, ETC aims to uphold and protect the principle of “code is law.” ETC uniquely positions itself as a foundational smart contract platform for the future, combining Ethereum's technology with Bitcoin's philosophy. The ETC community is dedicated to building uncensorable decentralized applications and has proven the stability and security of its network in the face of various challenges.
Important news about ETC recently:
1️⃣ Market sentiment warms up, driving the ETC price pump ETC price has risen by 2.23% in the past 24 hours, reaching $18.42, indicating a restoration of market confidence in Ethereum Classic. This rise has increased ETC's market capitalization by approximately $61.6 million, reflecting a growing interest from investors in the project.
2️⃣ ETC trading activity rises The trading range of ETC fluctuates between $17.64 and $19.09, indicating high market participation. This active trading behavior may be due to investors' positive expectations for the future development of ETC, as well as recognition of its potential as a smart contract platform.
3️⃣ Ethereum Classic continues to emphasize the concept of decentralization ETC continues to uphold its core principle of “code is law”, a position that is particularly prominent in the current cryptocurrency market. By combining Ethereum's technological innovations with Bitcoin's philosophical ideas, ETC is attracting users and developers who value decentralization and network security.
From a technical perspective, ETC has maintained its upward momentum after breaking through the $18 level and may test the $20 resistance in the short term. However, considering the high volatility of the cryptocurrency market, investors should remain cautious and closely monitor market trends.
This message does not constitute investment advice, and investors should be aware of market volatility risks.