On May 5, the Ethereum Classic rate on the Binance crypto exchange first exceeded $ 81.6, having risen in price by 40% since the beginning of this year. At the same time, the market capitalization of the project exceeded $ 9.8 billion, and the daily trading volumes of the asset reached $ 18.2 billion.
Ethereum Classic appeared on July 20, 2016 as a result of a hard fork of the Ethereum network. One of the main differences between ETC is its limited emission. In total, no more than 210.7 million coins can be issued.
Altcoin price is rising in step with the trend of the overall growth of the crypto market. For example, yesterday Ethereum updated its historical maximum value above $ 3.5 thousand. At the same time, the Dogecoin price per day rose by 55%, to a new maximum of $ 0.69.