The price of Ethereum Classic can reach a new record value later this evening

in crypto •  7 years ago 

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After the yesterday's slight decline in the crypto market, most of the crypto show some positive momentum at the moment. The price of Ethereum Classic rises quite fast, as the price has risen by over 18% over the last 24 hours. Whether that means that the price of the coin will be able to cross the $ 40 barrier over the next few hours remains to be seen.

Obviously, most of the crypto will increase in 2018. However, it is still not possible to say for sure whether most coins will increase over the next few days or weeks, but energy is again turning to crypto. The enormous increase in Ethereum Classic again returns the coin's price to over $ 39, and is likely to cost $ 40 in the next few hours. Achieving a new record value is also not ruled out, although the price of Ethereum Classic will reach $ 45.51.

It is important to note that the price of the coin is also higher than Bitcoin, and in the last 24 hours, the price of the coin has increased by over 15%. With over $ 692 million trading volume in the last 24 hours, things look good for Ethereum Classic at the moment. Many cryptos among the top alternative coins are still struggling to get $ 250 million in trade, and it's obvious that this trend will not change soon. If Ethereum Classic can generate nearly $ 700 million in trading volume, there is no reason to think that other alternative coins can not do the same in the future. Most of the trading volume is generated by the Bithumb crypt-exchange, where the current price is over $ 41. The next largest crypt-exchange with the largest volume of the coin is OKEx. The volume is now strong enough to raise the price of Ethereum Classic even further in the next few hours. For now, Ethereum Classic is probably the best market for allowing trade.

image source - Instagram

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I believe that too . Let’s see what happens