Ethereum Classic Price Prediction

[haileyblogger]

The supply blockchain indications about system performance together with network conditions and user activities, which serve as types of signals into the useful market for both investors and traders. In gauging price dynamics of Ethereum Classic, several key on-chain metrics are worth following. Essentially, being a proof-of-work blockchain directly binds its hash rate to profitability from mining. Price action of Ethereum Classic gets influenced by external factors such as energy prices or developments in mining hardware technology against influences direct from hash rate itself.