When it comes to Ethereum Classic, the question on a lot of people’s minds is “Why isn’t it going up?”.
This is a valid question, considering that Ethereum Classic has a lot going for it. It has a strong development team, a passionate community, and a sound philosophy. So, what’s holding it back?
There are a few possible explanations.
One possibility is that Ethereum Classic is simply not getting the same level of attention as Ethereum. This is understandable, as Ethereum is the larger and more well-known project.
However, it doesn’t explain why Ethereum Classic isn’t growing at all while Ethereum continues to surge ahead.
Another possibility is that investors are holding off on investing in Ethereum Classic because they are waiting for more concrete signs of development. This is a fair point, as there is still a lot of work to be done on the project.
However, it doesn’t explain why the price isn’t moving at all while other projects with similar levels of development are seeing strong growth.
The most likely explanation is that investors are simply not confident in the long-term prospects of Ethereum Classic. This is understandable, as the project has yet to prove itself.
In conclusion, the reason why Ethereum Classic isn’t going up is likely due to a lack of confidence from investors. While there are some legitimate concerns about the project, it doesn’t explain why the price isn’t moving at all while other projects with similar levels of development are seeing strong growth.