Ethereum Classic’s market has not subjected itself to any sort of bullishness for quite some time now. Even though the ‘rise in price’ narrative is gaining steam in the broader market, the alt has been continuing its downward trajectory on the price charts.
In the last 24 hours alone, for instance, the crypto shed more than a percent of its value. It was seen exchanging hands around the $52-mark, at the time of writing.
Well, ETC’s downward trajectory is definitely not something new. The quick pace of development activity, however, is the astonishing and not-so-expected twist to ETC’s otherwise monotonous tale.
It can be observed from the snapshot attached below that this metric rapidly rose in October and hit a yearly high. Nonetheless, it
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