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Initial issuance price of etc currency

May 09, 2024 pm 04:58 PM
Blockchain cryptocurrency Ethereum Ethereum Ethereum blockchain

The initial issuance price of ETC coin is US$12, which is derived from the hard fork of the Ethereum blockchain: 1. At the time of the hard fork, the value of ETC coin is the same as that of Ethereum; 2. The current price of ETC coin is approximately is $17, but market fluctuations may cause the price to change.

Initial issuance price of etc currency

ETC coin initial issuance price

ETC (Ethereum Classic) is a hard-coded currency on the Ethereum blockchain. A cryptocurrency resulting from a fork. Its initial issuance price was $12$.

Issue Background

In 2016, the Ethereum blockchain was attacked, resulting in the theft of more than $50 million worth of Ether coins. To solve this problem, the Ethereum community conducted a hard fork, creating the Ethereum Classic blockchain.

Fork Price

When the hard fork occurs, the value of ETC coins is the same as that of Ethereum, which is $12. However, due to market fluctuations, the price of ETC coins subsequently changed.

Current Price

At the time of writing, the current price of ETC coins is approximately $17. It is important to note that the cryptocurrency market is highly volatile and prices can change at any time.

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