Ethereum Classic Market Capitalization Achieves $4.16 Billion (ETC)

Ethereum Classic (ETC) traded 3.4% lower against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on January 5th. Ethereum Classic has a total market cap of $4.16 billion and approximately $187.08 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be bought for $27.67 or 0.00028301 BTC on popular cryptocurrency exchanges. In the last seven days, Ethereum Classic has traded up 6.4% against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $97,768.86 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.38 or 0.00000390 BTC.
• Bitcoin Cash (BCH) traded down 3.2% against the dollar and now trades at $466.76 or 0.00477414 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $9.11 or 0.00009314 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $111.50 or 0.00114049 BTC.
• Monero (XMR) traded 0.5% higher against the dollar and now trades at $196.70 or 0.00201193 BTC.
• IOTA (MIOTA) traded 2.5% lower against the dollar and now trades at $0.36 or 0.00000367 BTC.
• Arweave (AR) traded 3.6% lower against the dollar and now trades at $18.97 or 0.00019402 BTC.
• Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $56.31 or 0.00057598 BTC.
• Zcash (ZEC) traded 4.7% lower against the dollar and now trades at $57.80 or 0.00059124 BTC.

Ethereum Classic Profile

Ethereum Classic (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 150,231,041 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 message board is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic 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.”

Buying and Selling Ethereum Classic

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

ETC/USD price chart by TradingView