Ethereum Classic Reaches 24 Hour Volume of $487.83 Million (ETC)

Ethereum Classic (ETC) traded 3.2% lower against the U.S. dollar during the 24 hour period ending at 17:00 PM E.T. on May 22nd. In the last seven days, Ethereum Classic has traded 11.9% higher against the U.S. dollar. Ethereum Classic has a market cap of $4.46 billion and approximately $487.83 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be purchased for $30.32 or 0.00043749 BTC on exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $69,298.57 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0% lower against the dollar and now trades at $0.17 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 2.7% against the dollar and now trades at $498.76 or 0.00719726 BTC.
• Litecoin (LTC) traded down 2.4% against the dollar and now trades at $85.64 or 0.00123577 BTC.
• UNUS SED LEO (LEO) traded 1.1% lower against the dollar and now trades at $5.93 or 0.00008557 BTC.
• Arweave (AR) traded 0.1% higher against the dollar and now trades at $44.58 or 0.00064333 BTC.
• Monero (XMR) traded up 2.2% against the dollar and now trades at $138.54 or 0.00199920 BTC.
• Bitcoin SV (BSV) traded down 5.1% against the dollar and now trades at $65.31 or 0.00094252 BTC.
• eCash (XEC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded 0.8% lower against the dollar and now trades at $0.24 or 0.00000340 BTC.

Ethereum Classic Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 147,182,568 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official website for Ethereum Classic is ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here.

According to CryptoCompare, “Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that uses proof-of-work consensus to execute and store smart contracts and dApps. It was created in July 2016 by a group of developers and users who opposed the Ethereum Foundation’s decision to hard fork the Ethereum blockchain in response to the “DAO hack.” ETC is used for a variety of purposes, including creating dApps and issuing tokens, and has a strong focus on immutability and censorship-resistance. It is led by a team of developers and supported by a global community of users and organizations.”

Ethereum Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView