A comparison of the two charts - Ethereum (ETH) Vs Ethereum Classic (ETC)
Interesting analysis of the similar movement between the two, both graphs are indicative of
the early days since Ethereum classic was just released a few days ago and has produced a similar trend to that of Ethereum in its early day before an exponential rise where in just under 3 months rose to a high of around $15.00.
Can Ethereum Classic have a similar affect and a possible exponential rise like the one of Ethereum?
Ethereum Classic Chart - ETC
Ethereum Chart - ETH
It is still very early but since it's release in the last few days it seems to have gained
a lot of attention with trading volumes of ETC at an all time high knocking Ethereum off of it's
number one spot on PolonieX where it had been sitting happily for the past few months at the top of the trading chart. The trading volume for ETC is around more than 3 times the amount than that of ETH as of today.
So this is where things are at right now as from a markets perspective, Having a high trading volume in a market can be associated with a number of things ?
Is it just traders that are involved?
Is it too much hype?
Is the community becoming more divided after the fork?
Is it the Ethereum Brand name that is producing this effect?