Ethereum Classic (ETC) Tops 24 Hour Volume of $189.53 Million

Ethereum Classic (ETC) traded up 0.3% against the US dollar during the twenty-four hour period ending at 21:00 PM E.T. on May 7th. Ethereum Classic has a total market cap of $4.01 billion and approximately $189.53 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for $27.32 or 0.00043613 BTC on exchanges. Over the last week, Ethereum Classic has traded up 9.1% against the US dollar.

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

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $62,617.64 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $468.88 or 0.00748649 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $80.86 or 0.00129099 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $5.86 or 0.00009352 BTC.
• Arweave (AR) traded 6.5% lower against the dollar and now trades at $38.25 or 0.00061079 BTC.
• Monero (XMR) traded down 1.6% against the dollar and now trades at $128.35 or 0.00204926 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $63.39 or 0.00101206 BTC.
• eCash (XEC) traded 1.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded 3.2% lower against the dollar and now trades at $0.21 or 0.00000338 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 146,937,833 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org. 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.

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 buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView