The current price of ETH is approximately 3000% more than ETC. Why? I have examined all the fundamentals and see ETC as critically undervalued.
It is the original blockchain of ETH and can do everything ETH does, sometimes better. Because of name, perception, marketing, and all the inessentials, I can see why it has a lower price, but nowhere near this much.
The relationship between the two should have it priced at a level consistent with that of BTC and BCH, which is less than a 1000% difference now, but not typically anywhere close to that large.
Following fundamentals and this logic, shouldn’t ETC be priced at around $100?
Assume you are a big investor preparing to get in on the Coinbase Custody or Pro platform and, in your usual research, you find this. As far as potential for the biggest returns, this is the gold mine. Extremely undervalued and at least equal in quality to its well-marketed clone, it costs 3000% less?! Any big firm is going to decide that they will wait and slowly accumulate all the ETC they can get their hands on now because they can significantly boost marketing with their own resources after aquiring a ton of it. Imo, ETC is poised to blow the roof off. I am no financial advisor, so this opinion could be wrong. Can anybody tell me why we may not see a very quick rise to $100, or more, ETC by the end of Q3?