Ethereum Classic Reaches Market Capitalization of $4.12 Billion (ETC)

Ethereum Classic (ETC) traded up 0.5% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on April 22nd. One Ethereum Classic coin can currently be purchased for approximately $28.08 or 0.00042581 BTC on major cryptocurrency exchanges. Ethereum Classic has a market capitalization of $4.12 billion and approximately $158.46 million worth of Ethereum Classic was traded on exchanges in the last day. Over the last seven days, Ethereum Classic has traded up 0.9% against the U.S. dollar.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $65,941.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000242 BTC.
• Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $510.74 or 0.00774539 BTC.
• Litecoin (LTC) traded down 0.4% against the dollar and now trades at $84.93 or 0.00128793 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.75 or 0.00008726 BTC.
• Monero (XMR) traded down 0.3% against the dollar and now trades at $120.37 or 0.00182542 BTC.
• Arweave (AR) traded up 0% against the dollar and now trades at $33.13 or 0.00050239 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $71.62 or 0.00108617 BTC.
• eCash (XEC) traded 0.7% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded 1.2% higher against the dollar and now trades at $0.26 or 0.00000389 BTC.

About Ethereum Classic

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,677,835 coins. Ethereum Classic’s official website is ethereumclassic.org. 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 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 currently 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, Changelly or GDAX. 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