It seems the last couple of days of depressed value with ETC (ethereum classic) hanging around the 250K satsoshi mark are over. Currently the price (on Poloniex) is approaching 290K satoshis and rising.

The volume has consistently been very high and is currently over double that of ETH at about 17000BTC (vs 8300). Buy support on the ETC side is currently about 7500 BTC whilst for ETH (ethereum hard fork) at about 6800 BTC.

Is this a sign of another approaching ATH (all time high) for ETC? Could it be that ETC will soon be approaching the price of ETH? If that were to happen I think we would see a real crisis in confidence for ETH.

Whatever is going on there is likely to be a lot of FOMO (fear of missing out) creating volume.

If you want to get into ETC I would suggest waiting on a dip to reduce the risk of buying at the top of a pump (if it ends up being short lived).

We are definitely living through exciting times in the crypto-sphere! Have your say below.