Ethereum Classic (ETC) Hits Market Cap of $3.72 Billion

Ethereum Classic (ETC) traded 7.1% lower against the dollar during the 1 day period ending at 18:00 PM ET on April 30th. Over the last seven days, Ethereum Classic has traded down 10.2% against the dollar. One Ethereum Classic coin can currently be bought for $25.32 or 0.00042070 BTC on cryptocurrency exchanges. Ethereum Classic has a market cap of $3.72 billion and $290.10 million worth of Ethereum Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 4.6% against the dollar and now trades at $60,184.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 6.3% against the dollar and now trades at $0.13 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded down 6.4% against the dollar and now trades at $430.33 or 0.00715020 BTC.
• Litecoin (LTC) traded 4.1% lower against the dollar and now trades at $79.08 or 0.00131394 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.84 or 0.00009697 BTC.
• Monero (XMR) traded 6.3% lower against the dollar and now trades at $118.49 or 0.00196871 BTC.
• Arweave (AR) traded 11.5% lower against the dollar and now trades at $30.60 or 0.00050850 BTC.
• Bitcoin SV (BSV) traded 6.6% lower against the dollar and now trades at $60.16 or 0.00099954 BTC.
• eCash (XEC) traded 5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded down 3.4% against the dollar and now trades at $0.21 or 0.00000356 BTC.

About Ethereum Classic

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 146,818,075 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official message board for Ethereum Classic 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. 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 possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first buy 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 buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView