Chart for ETC/BTC (1W)
A cryptocurrency is judged based on the number of Dapps or partnerships it has in this market. If it is a ‘centralized’ cryptocurrency like Ethereum (ETH) or Ripple (XRP) their teams announce those ‘partnerships’ and we hear about it. However, if it is a decentralized cryptocurrency like Ethereum Classic (ETC) there is no one to announce any partnership because nobody owns Ethereum Classic (ETC) and we have to do our own digging. How would it look if a group of developers working on Bitcoin (BTC) announce that they have partnered with Newegg or Starbucks to accept Bitcoin? Now, a lot of these groups are going to work towards Bitcoin (BTC)’s adoption but they are not going to sign deals on behalf of Bitcoin (BTC) like they own it. They just work on it.
Ethereum Classic (ETC) is perhaps the only cryptocurrency in the market which is similar to Bitcoin (BTC) in this way. ETC Dev did a wonderful job working on Ethereum Classic (ETC). In fact, they were one of the first to pick it up when the project was left to die after Ethereum (ETH) forked off the original chain. However, it needs to be understood that ETC Dev is not Ethereum Classic (ETC). It was just one of the groups working on Ethereum Classic (ETC) alongside ETC Labs, IOHK and others. A lot of people seem to think that ETC Dev quit because of money troubles but this is not true. ETC Dev worked on this project when there was no one to fund anything. Recently, they were able to count on DFG, DCG or other groups for support, but in the past they had no one to support them yet they continued to work.
Chart for ETC/USD (1D)
When something survives against all odds to grow this big,