Ethereum Classic Hits Market Capitalization of $2.57 Billion (ETC)

Ethereum Classic (ETC) traded down 1.7% against the dollar during the twenty-four hour period ending at 15:00 PM Eastern on September 6th. Ethereum Classic has a total market cap of $2.57 billion and approximately $148.56 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Classic has traded down 6.4% against the dollar. One Ethereum Classic coin can currently be bought for $17.30 or 0.00032310 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 5.2% lower against the dollar and now trades at $53,540.19 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 7.4% against the dollar and now trades at $0.0913 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $295.83 or 0.00552531 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.51 or 0.00010286 BTC.
• Litecoin (LTC) traded down 4.1% against the dollar and now trades at $62.96 or 0.00117587 BTC.
• Monero (XMR) traded down 1.3% against the dollar and now trades at $169.87 or 0.00317284 BTC.
• Arweave (AR) traded 4.2% lower against the dollar and now trades at $20.29 or 0.00037891 BTC.
• Bitcoin SV (BSV) traded down 4.5% against the dollar and now trades at $44.05 or 0.00082280 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded down 3.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Ethereum Classic

Ethereum Classic 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 148,633,058 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. The official website for Ethereum Classic is 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.

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

ETC/USD price chart by TradingView