Ethereum Classic Market Capitalization Reaches $1.16 Billion (ETC)

Ethereum Classic (ETC) traded 2.9% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on June 21st. One Ethereum Classic coin can now be bought for $7.36 or 0.00011490 BTC on popular cryptocurrency exchanges. Ethereum Classic has a market capitalization of $1.16 billion and approximately $33.76 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. During the last seven days, Ethereum Classic has traded up 4.1% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded up 2.3% against the dollar and now trades at $2.03 or 0.00003167 BTC.
• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $64,080.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.5% against the dollar and now trades at $0.0833 or 0.00000130 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.55 or 0.00014904 BTC.
• Zcash (ZEC) traded down 3.7% against the dollar and now trades at $452.15 or 0.00705589 BTC.
• Monero (XMR) traded up 2.1% against the dollar and now trades at $320.61 or 0.00500329 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $198.32 or 0.00309481 BTC.
• Litecoin (LTC) traded up 2.1% against the dollar and now trades at $45.11 or 0.00070390 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 1.4% against the dollar and now trades at $0.0485 or 0.00000076 BTC.

About Ethereum Classic

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 157,192,641 coins. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official message board is ethereumclassic.org/news. 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.

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 presently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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