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Post-fork, Ethereum Classic {ETC} community should stay wary of scams; DASH gets listed on Brazilian exchange


Ethereum Classic is ranked at #17 beneath Dash in the market. The trading volume recorded stands at $414.642 million, while the supply has 113,510,265 ETC coins included in circulation. The total market cap of Ethereum Classic is $715.259 million. At present, ETC is priced at $6.3 after the asset declined at a rate of 0.17% in the course of the past 24-hours.

The fork occurred during the previous week, and the network was successfully upgraded. Do observe that this didn’t lead to the birth of a new virtual currency. At block height #8,772,000 the aforementioned process was carried out. New features include the Byzantium and Spurious Dragon upgrades. Afri Schoedon is a developer at Ethereum Classic Labs and was the coordinator of this hard fork, which shall be succeeded by many other key upgrades in the future.

NovaDAX is an exchange based in Brazil which is relatively new and still blossoming in the cryptosphere. A few days ago, DASH was added to their platform. A contest for interested traders was also announced. You can get in touch with NovaDAX operatives via their Twitter account.

According to the chart connected with the ETC/USD pair on tradingview, buyers haven’t given up on this digital asset yet. The daily RSI [for 14 periods] rests at 46.47 after a slight dip was noted in the span of a few days. After 10th of September, the MACD line sunk below the signal line, which led to the histogram turning red. Resistance may be felt near $7.294, and support lies at $5.867. ETC has begun to consolidate.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.