Ethereum Classic Market Capitalization Tops $2.87 Billion (ETC)

Ethereum Classic (ETC) traded down 3.1% against the US dollar during the 1-day period ending at 7:00 AM ET on October 22nd. One Ethereum Classic coin can now be purchased for approximately $19.21 or 0.00028523 BTC on major cryptocurrency exchanges. During the last week, Ethereum Classic has traded 0.3% higher against the US dollar. Ethereum Classic has a total market cap of $2.87 billion and approximately $93.92 million worth of Ethereum Classic was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 1.5% lower against the dollar and now trades at $67,338.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.1% lower against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Bitcoin Cash (BCH) traded down 2.4% against the dollar and now trades at $360.70 or 0.00535655 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.10 or 0.00009061 BTC.
• Litecoin (LTC) traded 3.3% lower against the dollar and now trades at $70.53 or 0.00104743 BTC.
• Monero (XMR) traded 2.1% lower against the dollar and now trades at $156.90 or 0.00233010 BTC.
• Arweave (AR) traded 2.1% lower against the dollar and now trades at $18.45 or 0.00027394 BTC.
• Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $48.35 or 0.00071804 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded down 2.8% against the dollar and now trades at $0.16 or 0.00000234 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) 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 149,238,994 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 message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official website 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 buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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