Ethereum Classic has risen in price by another 56% during the day

The cryptocurrency has renewed its historical maximum value at around $ 117. At the beginning of the year, it was trading at $ 5.5. Since then, growth has exceeded 1990%.

On Thursday, May 6, the Ethereum Classic cryptocurrency hit its all-time high at $ 117. Over the past day, it has risen by 57%. Since the beginning of this year, altcoin has grown in price by 1990%.

The capitalization of Ethereum Classic has reached $ 14 billion. At the same time, the daily trading volumes of the asset reached $ 27 billion, according to CoinGecko. In terms of the amount of transactions in 24 hours, altcoin ranks fifth among all cryptocurrencies.

Ethereum Classic appeared on July 20, 2016 as a result of a hard fork of the Ethereum network. One of the main differences of this cryptocurrency is the limited emission. In total, no more than 210.7 million ETC can be issued.

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