Is Ethereum Classic (ETC) a shitcoin?
$ No. Strong fundamentals, few red flags.
Gold-meter
67/100
merit score
Shit-meter
20/100
red-flag score
Ethereum Classic: Strongest on supply soundness (84); biggest red flag is track record (34).
— — Market Cap —
Layer 1 · Data confidence medium How much of the methodology had verified data behind this score. It says nothing about the project itself. Is this verdict fair?
Community opinion — never affects scores.
Every score is built from the indicators below. Select any line for the reasoning, raw data and source.
Goldcoin score breakdown Higher is better · total 67 Decentralization 16% of score 63
Nakamoto coefficient measured 23 ~2 (est.) Reachable full / validating nodes measured 30 ~400 (est.) Consensus mechanism assessed 100 Proof of work Largest client's share measured 60 ~60% (est.) Permissionless participation assessed 100 Anyone can mine or validate Cost to attack measured 0 ~$5M (est.) Full bear markets survived measured 80 2 Halts or rollbacks, last 5 years measured 25 3 Years in production measured 100 10.2 years Fair launch & distribution 16% of score 64
Genesis allocation to insiders measured 67 16.5% Launch method assessed 60 Open public sale Top-100 holders' share measured ?
Unknown Tech & development 12% of score 70
Originality assessed 10 Copy fork or template token Open source assessed 100 Fully open Monthly active core developers measured ?
Unknown Programmability assessed 100 Full smart contracts (EVM or native VM) Annual fees ÷ market cap measured 77 0.205% Daily active addresses measured ?
Unknown TVL or non-speculative settlement ÷ market cap measured ?
Unknown Security budget 10% of score 54
Fee share of security rewards assessed 15 Under 3% Real reward to securers assessed 50 Roughly break-even Security spend (rewards ÷ market cap per year) assessed 100 1.5% or more of market cap per year Security trend (hashrate or staked share, 1 year) assessed 50 Flat Usability as money 10% of score 78
Typical transaction fee (L1) assessed 85 $0.001 to $0.01 Confirmation speed (L1) assessed 70 10s to 2 min Supply soundness 14% of score 84
Current annual inflation measured 68 3.8% Supply policy assessed 100 Fixed hard cap
Shitcoin score breakdown Higher is worse · total 20 Hype dependence 10% of score 0
Celebrity, influencer or politician launch assessed 0 No Social mentions ÷ active addresses measured ?
Unknown Trading turnover measured ?
Unknown Insider control 20% of score 10
Team, investor and foundation holdings measured 20 ~10% (est.) Top-10 wallets' share measured ?
Unknown Who controls upgrades and governance assessed 0 Broad rough consensus Admin powers 15% of score 0
Mint authority measured 0 None Upgrade path measured 0 Immutable or hard fork only Freeze or blacklist function measured 0 No Unlock overhang 15% of score 0
FDV ÷ market cap measured 0 1× Unlocks in next 12 months measured 0 0% Function beyond speculation assessed 0 Money, gas or collateral Market cap ÷ annual economic throughput measured ?
Unknown Token needed to use the product assessed 0 Required Track record 10% of score 34
Core-protocol exploits with user losses, last 5 years measured 68 2 Regulatory enforcement against the issuer measured 0 None Methodology v0.8 · computed 2026-09-29 