Altcoins like Bitcoin Diamond and Ethereum Classic seem to have come out from hibernation, with some recording weekly gains in excess of 300%. What Happened: Leading this week’s crypto rally was Ethereum Classic (ETC), which surged 340% in seven days from $35 to $154. Formed as a result of a contentious hard fork of the Ethereum blockchain, development and utility of the chain itself has been called into question despite Ethereum Classic being the “original Ethereum.” See also: Its creators and miners moved on to the Ethereum blockchain, leaving Ethereum Classic far behind in terms of market cap. Since July 2016, the coin traded between $2 and $33 dollars, until this week’s rally added $13 billion to its market cap making it the 13