Etherplan: Ethereum Classic (ETC) $1,000 Price Prediction: The Market Is Wrong and We Are Right
In thus video I do an end of year review of ETC and affirm my $1,000 price prediction. I talk about these topics:
1. Positioning: ETC is the leading Proof of Work + Smart Contracts + Fixed Supply blockchain. This is unique in the world.
2. ETC should be above DOGE: Equivalent price = $65.
3. ETC should be above BNB/Smart Chain: Equivalent price = $283.
4. Hash rate is strong at 120 TH/s.
5. Macro situation is the burden that is dragging down Bitcoin and ETC: Rates are now 4.50% and the Fed pre announced that it would keep raising rates to at least 5%.
6. The ETC security model is true, perfect, and correct: It’s only a matter of time.
Additional Info
- Read full article on: Etherplan
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