Ethereum Classic Price Up 0.2% This Week (ETC)

Ethereum Classic (ETC) traded up 2.9% against the US dollar during the 1-day period ending at 9:00 AM Eastern on January 28th. One Ethereum Classic coin can now be purchased for approximately $11.55 or 0.00012826 BTC on exchanges. Ethereum Classic has a total market cap of $1.79 billion and approximately $60.87 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Classic has traded up 0.2% against the US dollar.

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

• Arweave (AR) traded 2% higher against the dollar and now trades at $3.33 or 0.00003694 BTC.
• Bitcoin (BTC) traded 2.8% higher against the dollar and now trades at $90,044.37 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.6% higher against the dollar and now trades at $0.13 or 0.00000140 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $597.10 or 0.00663160 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $475.26 or 0.00527840 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $9.15 or 0.00010168 BTC.
• Zcash (ZEC) traded up 1.2% against the dollar and now trades at $384.83 or 0.00427407 BTC.
• Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $69.70 or 0.00077412 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 3.1% higher against the dollar and now trades at $0.0866 or 0.00000096 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO: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 155,304,671 coins. 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. Ethereum Classic’s official message board is ethereumclassic.org/news. Ethereum Classic’s official website is ethereumclassic.org.

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 acquire Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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