Ethereum Classic (ETC) Historical Price and Returns Analysis: Should I Buy Ethereum Classic Now?

Abstract

This article comprehensively reviews the historical prices and market fluctuations of Ethereum Classic (ETC) since its inception, combining data from bull and bear market phases to assess potential returns for investors purchasing 10 ETC coins. We address the key question “Should I buy Ethereum Classic now?” to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Start and Early Market Cycles: Historical Price Review (2017 to 2019)

Ethereum Classic (ETC) was created as a continuation of the original Ethereum chain, adhering to the principle of “code is law”. According to CoinMarketCap records, its early trading price was approximately $11.9 in 2017.

Here’s how Ethereum Classic’s price changed during the initial bull market phase:

2017

• Opening price: $11.9
• Closing price: $25.94
• Highest price: $33.97
• Lowest price: $10.62
• Annual return: 117.9%

2018

• Opening price: $35.07
• Closing price: $5.38
• Highest price: $41.96
• Lowest price: $3.6
• Annual return: -84.65%

An investor who purchased 10 ETC during the early bull market phase in 2017 would have a potential return of $37.53 if sold today.

Bear Market Adjustment and Mid-term Market Cycles: Return and Risk Analysis (2019 to 2021)

During this period, Ethereum Classic’s price experienced significant volatility, influenced by overall market conditions.

Here are the potential returns for investors who purchased 10 ETC during the bear market or consolidation phase:

• 2019: $115.26
• 2020: $100.94
• 2021: $68.57

Recent Market Cycles: Should I Buy Ethereum Classic Now? (2022 to present)

In recent years, Ethereum Classic has shown a mixed trend, with the market debating whether it has entered a new bull market or is still in a bear phase.

2022

• Opening price: $29.75
• Closing price: $15.79
• Highest price: $48.01
• Lowest price: $14.82
• Annual return: -46.92%

2023

• Opening price: $20.4
• Closing price: $21.94
• Highest price: $22.89
• Lowest price: $14.95
• Annual return: 7.52%

2024

• Opening price: $19.25
• Closing price: $28.12
• Highest price: $37.08
• Lowest price: $17.63
• Annual return: 46.08%

Potential returns for investors purchasing 10 ETC during this period are as follows:

• 2022: -$140.94
• 2023: -$47.45
• 2024: -$35.93
• 2025-present: -$96.34

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

Through analysis of Ethereum Classic’s historical prices and potential returns, we can observe long-term fluctuations and help investors assess whether the current phase is still suitable for positioning, addressing the key question “Should I buy Ethereum Classic now?”