ZClassic (ZCL) Market Capitalization Tops $2.58 Million

ZClassic (ZCL) traded up 6.1% against the U.S. dollar during the 1 day period ending at 12:00 PM E.T. on March 9th. ZClassic has a total market cap of $2.58 million and $729.01 worth of ZClassic was traded on exchanges in the last 24 hours. One ZClassic coin can currently be purchased for about $0.28 or 0.00000403 BTC on popular cryptocurrency exchanges. In the last week, ZClassic has traded up 33.3% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Zcash (ZEC) traded up 8.8% against the dollar and now trades at $214.80 or 0.00311596 BTC.
• Horizen (ZEN) traded 4.2% higher against the dollar and now trades at $5.47 or 0.00007928 BTC.
• Pirate Chain (ARRR) traded down 5.5% against the dollar and now trades at $0.24 or 0.00000342 BTC.
• Bitcoin Gold (BTG) traded 41.4% lower against the dollar and now trades at $0.80 or 0.00001157 BTC.
• Komodo (KMD) traded down 0.3% against the dollar and now trades at $0.0183 or 0.00000026 BTC.

ZClassic Coin Profile

ZCL is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official website is zclassic.org. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official message board is t.me/zclassicce_announcement. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView