Ethereum Classic Achieves Market Cap of $3.93 Billion (ETC)

Ethereum Classic (ETC) traded down 0% against the dollar during the twenty-four hour period ending at 10:00 AM ET on December 28th. Ethereum Classic has a market cap of $3.93 billion and $151.80 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last week, Ethereum Classic has traded 0.7% lower against the dollar. One Ethereum Classic coin can currently be purchased for $26.21 or 0.00027795 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $94,288.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.5% against the dollar and now trades at $0.32 or 0.00000337 BTC.
• Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $444.70 or 0.00471635 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $9.29 or 0.00009849 BTC.
• Litecoin (LTC) traded 2.1% lower against the dollar and now trades at $99.56 or 0.00105593 BTC.
• Monero (XMR) traded 2.1% higher against the dollar and now trades at $197.97 or 0.00209960 BTC.
• Arweave (AR) traded 2% higher against the dollar and now trades at $17.07 or 0.00018104 BTC.
• IOTA (MIOTA) traded 0.5% higher against the dollar and now trades at $0.30 or 0.00000317 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $53.47 or 0.00056706 BTC.
• Zcash (ZEC) traded down 5.9% against the dollar and now trades at $59.90 or 0.00063531 BTC.

About Ethereum Classic

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 150,125,355 coins. The official message board for Ethereum Classic 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 purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView