Home / Business / Ethereum Classic continues to skyrocket, outperforming Dogecoin over the past week.

Ethereum Classic continues to skyrocket, outperforming Dogecoin over the past week.



Dogecoin (DOGE) may have several new all-time peak charts on Tuesday. But in terms of the weekly rise in the cryptocurrency meme follow. Ethereum Classic (Etc.).

What happened: ETC trading was up 44.99% over the 24 hours leading to $ 78.73 in press time on Tuesday night, while DOGE was up 33% at $ 0.57.

See also: How to buy Dogecoin (DOGE)

In terms of 7-day profits, ETC was up 117.83% and DOGE 110.38%.

Apex digital currency Bitcoin (BTC) was in the red, trading down 3.53 percent at $ 54,625.92.BTC was down 1.7 percent in seven days.

ETC has also left it behind. Ethereum (ETH) ̵

1; The former happened as a result of a 2016 hard fork on the Ethereum blockchain.

See also: Why is Ethereum Classic Surging different from Ethereum?

ETH traded 1.29 percent higher at $ 3,325.05 at the time of the press release and was up 22.92 percent this week.

Why is this important: The movement in ETC was bolstered by social media streams.ETC was the top symbol on Stocktwits’ top 10 list of popular streams at the time of press.

Barry Silbert, CEO of the famous ETC proponent Digital Currency Group, discusses the price action on Twitter.

Silbert, which is owned by Grayscale Investments, is responsible for Grayscale Bitcoin Trust (OTC: GBTC) and Grayscale Ethereum Trust (OTC: ETHE) – noted that Robinhood supports cryptocurrencies. Just a handful of currencies on Twitter and DOGE money may move elsewhere.

At the same time, DOGE’s rapid rise was driven by the appearance of Tesla Inc. (NASDAQ: TSLA) CEO, “Saturday Night Live”

Read on: Dogecoin but on the Ethereum Blockchain? RenDOGE is the most popular of all time.

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