Ethereum Classic (ETC) Achieves Market Cap of $5.14 Billion

Ethereum Classic (ETC) traded up 5.5% against the dollar during the 24-hour period ending at 0:00 AM E.T. on April 8th. In the last seven days, Ethereum Classic has traded 13.3% higher against the dollar. One Ethereum Classic coin can currently be bought for $35.13 or 0.00049318 BTC on major exchanges. Ethereum Classic has a market cap of $5.14 billion and approximately $407.80 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2.7% higher against the dollar and now trades at $71,231.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.20 or 0.00000280 BTC.
• Bitcoin Cash (BCH) traded 2.1% lower against the dollar and now trades at $675.48 or 0.00948290 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $101.93 or 0.00143096 BTC.
• UNUS SED LEO (LEO) traded 1% higher against the dollar and now trades at $5.85 or 0.00008209 BTC.
• Monero (XMR) traded up 2.1% against the dollar and now trades at $135.42 or 0.00190109 BTC.
• Arweave (AR) traded 3% higher against the dollar and now trades at $34.24 or 0.00048076 BTC.
• Bitcoin SV (BSV) traded down 0.1% against the dollar and now trades at $98.44 or 0.00138200 BTC.
• eCash (XEC) traded 0.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded 5% higher against the dollar and now trades at $0.37 or 0.00000516 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 23rd, 2016. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,457,126 coins. Ethereum Classic’s official message board is forum.ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official website for Ethereum Classic is ethereumclassic.org.

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 trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView