Ethereum Classic (ETC) Falls 0.04%, Underperforms the Crypto Market Thursday

Thursday, May 11, 2023 08:05 PM | InvestorsObserver Analysts

Ethereum Classic (ETC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has declined 3.92% to $18.12.

InvestorsObserver is giving Ethereum Classic a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum Classic!

Moderately Volatile

InvestorsObserver gives Ethereum Classic a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. ETC's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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