Ethereum Classic Market Capitalization Achieves $3.41 Billion (ETC)

Ethereum Classic (ETC) traded 1.7% higher against the US dollar during the one day period ending at 0:00 AM Eastern on July 28th. In the last week, Ethereum Classic has traded down 3.7% against the US dollar. One Ethereum Classic coin can now be purchased for about $23.01 or 0.00033196 BTC on exchanges. Ethereum Classic has a total market capitalization of $3.41 billion and approximately $98.36 million worth of Ethereum Classic was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 2.3% higher against the dollar and now trades at $69,294.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3% against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Bitcoin Cash (BCH) traded 8.5% higher against the dollar and now trades at $429.39 or 0.00619426 BTC.
• Litecoin (LTC) traded up 2.8% against the dollar and now trades at $73.10 or 0.00105450 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.83 or 0.00008413 BTC.
• Monero (XMR) traded 1.8% higher against the dollar and now trades at $164.83 or 0.00237777 BTC.
• Arweave (AR) traded 5.8% higher against the dollar and now trades at $32.63 or 0.00047066 BTC.
• Bitcoin SV (BSV) traded up 4.7% against the dollar and now trades at $47.53 or 0.00068568 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 0.1% lower against the dollar and now trades at $0.0000 or 0.00000000 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 148,109,020 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official message board for Ethereum Classic is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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.”

Buying and Selling Ethereum Classic

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

ETC/USD price chart by TradingView