Ethereum Classic (ETC) Achieves Market Capitalization of $4.08 Billion

Ethereum Classic (ETC) traded 1.6% lower against the US dollar during the 24-hour period ending at 20:00 PM Eastern on April 29th. During the last week, Ethereum Classic has traded 2.4% lower against the US dollar. Ethereum Classic has a market capitalization of $4.08 billion and approximately $231.97 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be purchased for about $27.76 or 0.00043205 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.9% higher against the dollar and now trades at $64,469.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.2% against the dollar and now trades at $0.15 or 0.00000226 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $466.83 or 0.00726479 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $84.08 or 0.00130841 BTC.
• UNUS SED LEO (LEO) traded 1.7% higher against the dollar and now trades at $5.86 or 0.00009112 BTC.
• Monero (XMR) traded 1.2% higher against the dollar and now trades at $128.89 or 0.00200585 BTC.
• Arweave (AR) traded down 1.4% against the dollar and now trades at $35.69 or 0.00055543 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $65.42 or 0.00101806 BTC.
• eCash (XEC) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded down 2.6% against the dollar and now trades at $0.23 or 0.00000356 BTC.

Ethereum Classic Profile

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,803,450 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. 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 possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView