RATE Group | Four Reasons Why Ethereum Classic Is Flying Up This Month
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Four Reasons Why Ethereum Classic Is Flying Up This Month

21 Aug Four Reasons Why Ethereum Classic Is Flying Up This Month

Posted at 18:42h in Ethereum News by

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Could you argue that August has been the month for Ethereum Classic? Probably so. In terms of investment value, Ethereum Classic hasn’t reached any stunning new heights, but, overall this month has outlined some very positive changes for Ethereum Classic, changes that going forward will have a very big impact on the value of the currency.

Before the coin dump of mid August that saw values crashing down, Ethereum Classic did peak over $20.00, proving that it does have the capacity to grow, sadly though the organic downtrend gripping the markets at the moment is stopping Ethereum Classic from progressing any further. Once the markets pick back up though, Ethereum Classic is sure to fly high after this months progression.

What waves has Ethereum Classic made this month?

First of all, Coinbase. Many many weeks ago, Coinbase announced that they would be listing Ethereum Classic on their exchange. This was met by a buzzing community, the excitement surrounding the news soon…

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