Cryptocurrencies
Throwback Token Is Outperforming the Top-Ranked Cryptocurrencies
- Ethereum Classic has surged more than 80% in the past week
- Speculators bet miners will shift to Ethereum relative
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While the recently issued coins for the Bored Apes NFT collection have captured the attention of the cryptocurrency world, a throwback offshoot of the second-largest digital token has been surging even more in value.
Ethereum Classic, created after a 2016 software change for the most-used blockchain, has jumped more than 80% in the past week. ApeCoin has increased around 70% during the same period, according to price data on CoinMarketCap. It has also gained more than the rest of the top 100 tokens by market value.