Ethereum Classic (ETC) Trading Down 19.3% This Week

Ethereum Classic (ETC) traded down 0.6% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on April 16th. One Ethereum Classic coin can now be purchased for about $26.27 or 0.00041043 BTC on popular exchanges. Ethereum Classic has a market cap of $3.85 billion and approximately $274.47 million worth of Ethereum Classic was traded on exchanges in the last day. Over the last seven days, Ethereum Classic has traded down 19.3% against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $64,004.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $484.39 or 0.00756806 BTC.
• Litecoin (LTC) traded up 3.1% against the dollar and now trades at $79.97 or 0.00124940 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.86 or 0.00009156 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $122.31 or 0.00191100 BTC.
• Arweave (AR) traded down 4.9% against the dollar and now trades at $24.48 or 0.00038249 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $66.82 or 0.00104400 BTC.
• eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Nervos Network (CKB) traded down 3% against the dollar and now trades at $0.0223 or 0.00000035 BTC.

Ethereum Classic Coin 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 146,588,453 coins. 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 Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. The official message board for Ethereum Classic 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, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView