My opinion is ETC will recover its price to 35-36 very fast after CLO hardfork. This moment price have drop because pump and dump team, they pumped ETC to 45-46 and then dump it...
Ethereum Classic has most volume in the world right now after Bitcoin and Ethereum. You think there's a pump and dump team controlling it? LOL
Etc pumped 44 usd recently, now is below 30 usd... how do you call it? If it isnt pumped/dumped, what is is? They maybe cant pumpe and dump ETC like they can some coin with low market cap, but definitely they have influent on it.
No, it's not something by "pump & dump team". This percentage of volatility is very usual in crypto and happens with bitcoin as well. There'd have been a "pump & dump team" behind it if it was pushed to $40 from $4.
Who believes that Binance will publish an announcement within next hours to support CLO airdrop?
The exact height of ETC blockchain can be found here:
http://gastracker.ioIn Height of
5500000 the CLO airdrop will be released, less than 24 hours and still many exchanges don't want to talk about this airdrop!
Does some one know how the price of ETC effects after the airdrop?
In my opinion, ETC is not such a project which will get huge decrease in price after the airdrop. The decrease should be no more than 5% to 10%. The main developers have already shown their disassociation with the project which has already damaged the price enough, so it shouldn't get much of the damage after the airdrop.
Thanks for answering the question my friend but do you know there may be a trick by whales because many people are withdrawing their ETC tokens then sell walls will be very light for whales to pump its prices in major exchanges like Binance that has highest trading volume of ETC tokens.
Actually, IMO, this airdrop is not a big thing at all. There'd be very less people withdrawing their ETC just for this airdrop. Many might even consider just holding or dumping in last few minutes, and in the worst scenario, I think we'll see no more than 10% to 15% decrease in value. As a whole, I don't believe this airdrop is big at all, and Binance wouldn't consider having it, specially in last few hours.
And BTW, Binance doesn't have the highest trading volume of ETC, it's largely controlled by Korean exchanges like Bithumb, and they're never gonna add this CLO thing.