The frenzy of cryptocurrency's current bull run is bringing to life to many long forgotten and even shunned upon tokens like ETC and DOGE. Albeit it was a given that the new retail investors would always be edging towards cheaper and least heavy on transaction assets.
ETC is inching towards its $10 mil value and already has climbed up 13x. It is still along the lines of the trend we have seen in the likes of questionable assets like DOGE which hit more than a 100x.
The meme price of 69 cents really gave me a giggle on the DOGE chart. A quick swipe into ETC realm made me wonder which direction does the crypto ship go? ETC is clearly a cheaper alternative but all the action in the market is certainly going to set a forthcoming trend that could define the future of crypto investing.
It is crazy to see the Ethereum fork climbing for merely ~$30 to ~$170+ whilst it still being constantly underdogged to its more successful ETH hardfork. The split at the time was interesting, but the current bullish pattern is a surprise to me.
ETC is still going to stay a PoW. I do not see ETH and ETC ever merging their differences or working in any manner that is similar to each other. ETH has shown massive promise with its new 2.0, and ETC seems to have gained a lot of traction.
There are some rumors out there saying that tiktok is investing into ETC? Doesn't sound like something impossible. It also is available on robinhood which makes it a lot more accessible to investors.
The bull run has onboarded a lot of investors. I was surprised to see a couple of mates getting in on the hype train this year. It seems to me that the fundamentals are going to change in a bit. For example, weren't we always a bit weary of any coin with a food name? Or any coin with no usecase and an inflating tendency?
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