Ethereum Classic Reaches Market Cap of $3.76 Billion (ETC)

Ethereum Classic (ETC) traded up 0.2% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on June 16th. Ethereum Classic has a total market cap of $3.76 billion and $94.94 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. Over the last seven days, Ethereum Classic has traded 5.5% lower against the US dollar. One Ethereum Classic coin can now be purchased for approximately $25.49 or 0.00038282 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $66,590.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 0.9% higher against the dollar and now trades at $432.89 or 0.00650085 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $79.10 or 0.00118789 BTC.
• UNUS SED LEO (LEO) traded up 2.4% against the dollar and now trades at $5.86 or 0.00008796 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $174.14 or 0.00261515 BTC.
• Arweave (AR) traded 4% lower against the dollar and now trades at $28.18 or 0.00042314 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $49.49 or 0.00074316 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 0.1% against the dollar and now trades at $0.19 or 0.00000283 BTC.

About Ethereum Classic

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 147,543,896 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official message board for Ethereum Classic is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org.

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 presently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView