Why is ETC so cheap?

In contrast, Ethereum Classic, while sharing some technical similarities with Ethereum, has struggled to match its popularity and adoption. As a result, there is less demand for ETC, which translates into a lower market valuation compared to ETH.

The question of why Ethereum Classic (ETC) is relatively inexpensive compared to Ethereum (ETH) stems from a fundamental understanding of market dynamics in the cryptocurrency space.

BTCC, a leading cryptocurrency exchange, offers a range of services tailored to cater to the diverse needs of cryptocurrency enthusiasts and investors. Among its offerings, BTCC provides spot and futures trading platforms, allowing users to buy, sell, and trade ETC and other digital assets with ease. Additionally, the exchange offers secure wallet solutions for storing cryptocurrencies, including ETC, ensuring the safety and security of users' digital assets.

Ethereum Classic, often viewed as a fork of the original Ethereum blockchain, emerged as a result of a significant disagreement within the Ethereum community regarding the handling of a hack that occurred in 2016. While Ethereum moved forward with a hard fork to reverse the hack, Ethereum Classic remained committed to the original blockchain, preserving its immutable nature.

This divergence in approach and the subsequent separate development paths have led to differences in the adoption and perception of the two cryptocurrencies. Ethereum, with its robust ecosystem of decentralized applications (dApps), smart contracts, and enterprise solutions, has garnered significant attention and investment.