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Ethereum Classic Grows 40% Overnight, Sets All-Time High

Barely a week after setting its former all-time high of $44.80, Ethereum Classic has more than trebled in value. At 7 pm yesterday, the coin set an ATH of $157.30.
Though the price has since dipped to $142.18, Ethereum Classic has bulldozed its way into the top 20 cryptocurrencies by market capitalization. 

At the start of the year, ETC was worth between $5 and $6. The coin has since steadily grown in value, but the bulk of its explosive price movement occurred over the past week.
Today, the coin has a market cap of $17.88 billion. It added $5 billion of that in the last 24 hours alone. 
Ethereum what?
Though it sports a very famous name and logo, Ethereum Classic shouldn’t be written off as an Ethereum knockoff. It has a long shared history with Ethereum. You could even say it’s the original Ethereum. 
In April 2016, the DAO was released on the Ethereum blockchain. At the time, the DAO was the first of its kind: a Decentralized Autonomous Organisation, essentially an entity on

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Źródło: https://decrypt.co/70166/ethereum-classic-grows-40-overnight-sets-all-time-high

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