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🚨The Ethereum Classic (ETC) token seems to be reborn after Crypto Week

While the cryptocurrency market as a whole remains in a slight correction this Saturday, the Ethereum Classic (ETC) token appears to be following its own agenda. The coin maintains a positive performance even in the 24-hour chart, with an increase of 0.34%, demonstrating that its momentum remains consistent.

According to data, the coin had an exceptional positive performance of over 30% in the last week. This is reflected in a price of US$ $ 23.29 per coin and a trading volume of approximately US$ $ 760 million in 24 hours, according to the same website. Meanwhile, its market capitalization approaches US$ $ 3.6 billion.

These data show a significant increase in liquidity, which translates into clear investor confidence. This continues to be the great promise for the continuation of the rise, despite the momentum received from Crypto Week.

Interest in ETC is resurging among investors.

The proposal of Ethereum Classic, one of the most attractive

For those unfamiliar with Ethereum Classic, it is worth noting that it was the result of a hard fork of Ethereum. As the name suggests, its goal was to preserve the attributes of Ethereum Classic. After the hack of The DAO, a decentralized organization built on Ethereum, the team decided to reverse the hack through a hard fork in 2016.

From this fork was born what we now know as Ethereum. However, a large part of the community decided to preserve the original network, and that is what we know as Ethereum Classic.

This means that it is the original network, without any of the subsequent changes made by Buterin and company.

This ability to maintain its robust ecosystem of smart contracts based on PoW is crucial. The perception of Ethereum Classic (ETC) as a more decentralized alternative to Ethereum is one of the main reasons for its current boom.

Thus, Ethereum Classic seems to be experiencing a rebirth of investor interest.