Ethereum Classic (ETC) Market Cap Hits $3.85 Billion

Ethereum Classic (ETC) traded 0.6% lower against the U.S. dollar during the 1-day period ending at 22:00 PM ET on April 16th. Ethereum Classic has a market capitalization of $3.85 billion and approximately $274.47 million worth of Ethereum Classic was traded on exchanges in the last day. In the last week, Ethereum Classic has traded 19.3% lower against the U.S. dollar. One Ethereum Classic coin can currently be bought for approximately $26.27 or 0.00041043 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $64,004.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $484.39 or 0.00756806 BTC.
• Litecoin (LTC) traded 3.1% higher against the dollar and now trades at $79.97 or 0.00124940 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.86 or 0.00009156 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $122.31 or 0.00191100 BTC.
• Arweave (AR) traded 4.9% lower against the dollar and now trades at $24.48 or 0.00038249 BTC.
• Bitcoin SV (BSV) traded up 0.4% against the dollar and now trades at $66.82 or 0.00104400 BTC.
• eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Nervos Network (CKB) traded 3% lower against the dollar and now trades at $0.0223 or 0.00000035 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,588,453 coins. 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 message board is ethereumclassic.org/news. 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.”

Buying and Selling Ethereum Classic

It is usually not possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView