It seems like a low price and low development. But with the merger, the ETH miners are going to move to ETC. This will give it more hashpower and protect it from double spend 51% attacks that have happened in the past. It's an interesting token for me and could be a fertile playground for the next bull market or a dumpster fire like BCH. I am curious what others think of Ethereum Classic. I don't hear it talked about much, anymore.
Its dead. After a hack network split to ETC and ETH. Community chose ETH. Whole development moved forward there. We have thousands of projects build on ETH. Bilions in TVL on liquidity platforms. Great solutions like AMM. DEFI, NFT. ETC did nothing last years when whole market moved forward. ETC is not an alternative for ETH. BNB, SOL, AVAX, DOT are. ETC is dead.
About ETH miners (GPU miners). They will move to mine other coins but 99% will have to quit. ETH is $200B network. ETC is $4B. So if 2% of ETH miners will move to ETC mining difficulty will double making it unprofitable to mine. And price will not fallow. Its the opposite. Difficulty chase price not price pump because of difficulty increase.