The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

At present, the market value of Ethereum Classic is 721 million, accounting for 0.26% of the total global market value, with a circulation of 116.3 million. It is among the top 20 virtual currencies. Since the release of Ethereum Classic, also known as ETC, the highest price in history is US$47.7747. So, , how much can Ethereum Classic rise to? Next, the editor of the currency circle will give you a detailed introduction. At the same time, the editor of the currency circle has compiled the Ethereum Classic price predictions for 2020 by currency experts.

## How much can Ethereum Classic rise to?

Ethereum Classic, also known as ETC, has a 24-hour transaction volume of US$516.6 million, and the highest price in 24 hours is US$6.2833. The current return on investment has increased by 724.99%. Ethereum Classic has increased by 35.89% this year, and has increased by 47.94% in the past 6 months. In the past 3 The monthly increase was 22.87%, the decrease was 2.77% in the past 7 days, and the decrease was 0.34% in the past 24 hours. Next, the editor of the currency circle will introduce to you the highest price of Ethereum Classic over the years.

1. In 2016, the highest price of Ethereum Classic was $2.7615;

2. In 2017, the highest price of Ethereum Classic was $44.0475;

3. In 2018, the highest price of Ethereum Classic was $42.9573;

4. In 2019, the highest price of Ethereum Classic was $9.5151;

5. As of June 21, 2020, the highest price of Ethereum Classic was $12.1489;

## Future prediction of Ethereum Classic price in 2020

1.Bein Cryptocurrency

Bein Cryptocurrency, a cryptocurrency prediction website, predicts that by 2020, it could reach $200 within 5 years, which could face stiff competition for its parent company, Ethereum.

2.Digital Token Price

Digital Coin price prediction suggests that Ethereum Classic could reach $6.56 by the end of 2020, which is definitely not an impossible scenario.

3. Trading Beast

Trading Beast also gave a conservative but pragmatic prediction, saying that by the end of 2020, ETC could be as high as $9.67 to $6.58.

4. Wallet investors

Wallet investors have given the most pessimistic predictions ever, mentioning that Ethereum Classic could hit a low of $0.7012 by the end of 2020.

## Ethereum Classic investment value:

1. Decentralization. ETC has built itself into a blockchain where real transactions are irreversible by refusing to withdraw funds from DAO attackers. It is precisely because of the purity of its leading consciousness that it provides a steady stream of power for the continued development of ETC. The rise of ETC also proves the power of a decentralized, unregulated blockchain system. Traders and other major blockchain participants are attracted by this feature of ETC.

2. Scarcity. After the hard fork occurred, the monetary policies of ETH and ETC also reached a fork in the road. ETH currently has no upper limit and is in the stage of continuous issuance. ETC has returned to the tradition of the Austrian School of Economics and has planned production reductions in the same way as Bitcoin. The final total issuance will not exceed 230 million.

3. POW consensus mechanism. The core of the blockchain is the consensus mechanism. POW's mechanism based on proof of work has been proven by the market to be the best system. Eighty-eight of the top ten cryptocurrency cryptocurrencies in total market value are based on the POW mechanism. Peercoin, which first proposed the POS mechanism, has almost disappeared. Owning the currency itself will generate more coins. This setting will lead to a serious Matthew effect, making the rich richer and the poor poorer. If we cannot achieve fair outcomes, we can at least achieve fair mechanisms. For POW, miners can choose to mine or not mine a certain mine at any time, while for POS, latecomers completely lose the opportunity to participate. In addition, hot wallet online mining can also cause serious security issues and easily lead to hacker attacks, which has already happened on Peercoin. The ETC developer community has made it clear that it will not switch to POS like ETH. ETC uses the POW consensus algorithm to make any node connected to the dynamic network profitable.

4. Anonymity. Anonymity is very important to cryptocurrency users, but currently almost no mainstream cryptocurrency provides anonymity functionality. The recent ECIP-1025 proposal from the ETC community hopes that ETC will join zk-
SNARK verification. Once the proposal is activated, ETC users will enjoy transaction record anonymity services. After all, enhanced privacy and anonymity of transactions is not a bad thing. The ETC developer community is currently very interested in this proposal. It is foreseeable that in the near future, ETC will become a combination of BTC, ETH and ZCash, but without the function of issuing tokens ICO.

Through the above introduction, I believe everyone has an understanding of the price of Ethereum Classic. Ethereum Classic, nicknamed Auntie, was issued in 2015 and is currently listed on 216 exchanges. It is considered one of the digital currencies with great potential. However, when investing in Ethereum Classic, investors must choose a good exchange. The choice of exchange It is the most important step in the investment process and the most critical step that can reduce the risk of investors being deceived.