Coinbase tweet: Our engineering team is beginning final testing of Ethereum Classic on Coinbase products. We expect final testing to be completed by Tuesday, August 7, at which point we expect to announce that we’re ready to accept inbound transfers of ETC.
After this announcement the cryptocurrency immediately saw a large uptick in volume, rapidly seeing a 25% increase. This positive price action continued, with the 15th largest cryptocurrency outperforming a majority of altcoins as this most recent announcement drew near.
As it stands, around two hours after this most set of news, Ethereum Classic has seen a staggering 12% gain and a near doubling in publicly reported volume.
We have seen in the past that any cryptocurrency that has been taken over by Coinbase earned at least 10x-20x
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