Ethereum Classic Reaches Market Cap of $3.45 Billion (ETC)

Ethereum Classic (ETC) traded 2% lower against the dollar during the 24-hour period ending at 0:00 AM E.T. on July 1st. Over the last seven days, Ethereum Classic has traded down 0.1% against the dollar. One Ethereum Classic coin can now be purchased for $23.36 or 0.00037024 BTC on popular cryptocurrency exchanges. Ethereum Classic has a market cap of $3.45 billion and $103.70 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $63,084.99 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.2% lower against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Bitcoin Cash (BCH) traded down 2.2% against the dollar and now trades at $385.81 or 0.00611568 BTC.
• Litecoin (LTC) traded down 1.2% against the dollar and now trades at $74.50 or 0.00118094 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $5.78 or 0.00009165 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $169.66 or 0.00268937 BTC.
• Arweave (AR) traded up 1.3% against the dollar and now trades at $28.17 or 0.00044653 BTC.
• Bitcoin SV (BSV) traded down 2% against the dollar and now trades at $44.44 or 0.00070448 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 2% against the dollar and now trades at $0.17 or 0.00000266 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO: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 147,749,781 coins. 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. Ethereum Classic’s official message board is ethereumclassic.org/news.

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.”

Buying and Selling Ethereum Classic

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

ETC/USD price chart by TradingView