Ethereum Classic Market Cap Reaches $5.51 Billion (ETC)

Ethereum Classic (ETC) traded 16.5% higher against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on December 4th. Ethereum Classic has a total market cap of $5.51 billion and approximately $1.34 billion worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last week, Ethereum Classic has traded up 23.1% against the dollar. One Ethereum Classic coin can currently be purchased for approximately $36.78 or 0.00038184 BTC on major exchanges.

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

• Bitcoin (BTC) traded 2.4% higher against the dollar and now trades at $96,328.09 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.1% higher against the dollar and now trades at $0.42 or 0.00000433 BTC.
• Bitcoin Cash (BCH) traded up 8.7% against the dollar and now trades at $568.63 or 0.00590308 BTC.
• Litecoin (LTC) traded 3% higher against the dollar and now trades at $128.48 or 0.00133374 BTC.
• UNUS SED LEO (LEO) traded 9.1% higher against the dollar and now trades at $9.58 or 0.00009947 BTC.
• Monero (XMR) traded up 19.7% against the dollar and now trades at $200.72 or 0.00208368 BTC.
• Arweave (AR) traded 4% higher against the dollar and now trades at $27.48 or 0.00028529 BTC.
• IOTA (MIOTA) traded down 0% against the dollar and now trades at $0.51 or 0.00000526 BTC.
• Bitcoin SV (BSV) traded up 12.8% against the dollar and now trades at $79.73 or 0.00082769 BTC.
• Zcash (ZEC) traded 4% higher against the dollar and now trades at $73.19 or 0.00075981 BTC.

Ethereum Classic Profile

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 149,809,790 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. The official message board for Ethereum Classic 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.”

Ethereum Classic Coin Trading

It is usually not currently 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView