In a pre-emptive move on digital currencies, the Ethereum Classic has risen 15% in recent hours, beating Wednesday's gains by 20%. And now traded around $ 13.80 on the Bitfinex trading platform.



The gains come in the wake of the announcement of the Coinbase, which was published on Twitter, noting that the Etherium Classic "ETC" will be available for purchase and trading on the platform at 5 pm PST on Thursday (later today).
Earlier this month, the Atrium Classic hit its highest level in two months at $ 18.50, the same level it hit on July 7 when the Coinbase was released. The inclusion of the Robinhood platform also had an impact on the promotion of the price of the classic Atrium.
The currency also rose ahead of rumors that it would be included in the Coinbase. This happened a few weeks ago when Coinbase announced on June 12 that it would include the currency soon. Which led to a wave of purchases, led to a significant rise in prices. In fact, in mid-June, the price of the classic Atrium price fluctuated between the highest price of $ 19.80 and about $ 17. However, the currency fell victim to the recent decline of digital currencies, falling to a low of 2018 at $ 11 a few days ago.

A brief overview of the price movements of Ethereum Classic during the year

The historical high point of the Ethereum Classic currency was $ 45.51. The currency reached another high of $ 42.38 at the end of February and reached $ 24.70 at the beginning of May.

And before reaching an all-time high of $ 45.51, it moved from $ 26.99, up 68%. Similarly, before reaching a peak of $ 42.38, it moved from $ 25.92, where it saw a 63% increase. Finally, in May, before peaking at $ 24.70, the currency jumped from $ 16.15, up 52%. On average, this is a 61% increase for the Atheros Classic coin.

However, one should also be cautious in setting expectations that the price of this currency will continue to rise as it often occurs in these positions. It is likely that a big sale will occur after the actual listing of the currency on the Coinbase. Investors usually sell their currencies collectively, creating a fall and a fall in prices, especially with traders who then sell the currency at a much lower price than before the original announcement. The price is finally expected to rise to pre-listing levels as liquidity and demand stabilize eventually.