Ethereum Classic (ETC) Achieves Market Capitalization of $4.41 Billion

Ethereum Classic (ETC) traded down 1.5% against the U.S. dollar during the twenty-four hour period ending at 22:00 PM Eastern on May 30th. Over the last seven days, Ethereum Classic has traded 10.6% lower against the U.S. dollar. Ethereum Classic has a market capitalization of $4.41 billion and $245.03 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be purchased for $29.90 or 0.00043653 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded up 1.3% against the dollar and now trades at $68,498.71 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 2.5% against the dollar and now trades at $0.16 or 0.00000234 BTC.
  • Bitcoin Cash (BCH) traded 0.2% lower against the dollar and now trades at $465.09 or 0.00678978 BTC.
  • Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $84.32 or 0.00123099 BTC.
  • UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.95 or 0.00008679 BTC.
  • Arweave (AR) traded 8% higher against the dollar and now trades at $42.87 or 0.00062586 BTC.
  • Monero (XMR) traded up 4.2% against the dollar and now trades at $146.36 or 0.00213664 BTC.
  • Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $62.23 or 0.00090849 BTC.
  • eCash (XEC) traded 1.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Conflux (CFX) traded down 3.4% against the dollar and now trades at $0.21 or 0.00000312 BTC.

Ethereum Classic Coin Profile

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 147,319,353 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

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