Ethereum Classic has now been made available on the Coinbase platform, and the effects of this news on its prices are pretty evident.
This new listing will further help Ethereum Classic be adopted and of course its overall price and market cap. Moreover, Ethereum Classic will be supported for trading on Coinbase for customers from all over the world, giving more access and investment opportunities to a broader customer segment.
Ethereum Classic has responded positively to this news and is currently experiencing a noticeable increase in a time when the market is going through a bearish run. At press time, Ethereum Classic’s market cap soared, bringing it to 10th place according to data from CoinMarketCap, beating Monero, Dash, and TRON in terms of ranking.
At the time of writing, the ETC coin is priced at $14.61 USD, with an increase of 18.40%. This growth is remarkable as its market peers are experiencing only downward price movements., Monero is up 0.36% and TRON is down 2.09% if you were to put into context just how major this current price surge is for Ethereum Classic.
From now on we shall have to wait and see if Ethereum Classic will have more positive performances in the following days. But seeing as this is such an important listing by a leading exchange platform, it is expected that ETC will be riding the wave for the remainder of the week, by judging how it started this week, the top ten cryptocurrency ranking could start looking a lot more different. Optimistic supporters forecast that ETC might even hit prices around the $20.00 mark.