ZClassic Hits Market Capitalization of $2.24 Million (ZCL)

ZClassic (ZCL) traded down 7.3% against the dollar during the one day period ending at 12:00 PM E.T. on December 27th. During the last seven days, ZClassic has traded 14% lower against the dollar. One ZClassic coin can now be purchased for $0.24 or 0.00000275 BTC on major exchanges. ZClassic has a total market capitalization of $2.24 million and approximately $63.42 worth of ZClassic was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded up 17.2% against the dollar and now trades at $517.76 or 0.00591685 BTC.
• Horizen (ZEN) traded 12.9% higher against the dollar and now trades at $8.92 or 0.00010195 BTC.
• Pirate Chain (ARRR) traded up 0.3% against the dollar and now trades at $0.27 or 0.00000307 BTC.
• Bitcoin Gold (BTG) traded 0% lower against the dollar and now trades at $0.54 or 0.00000614 BTC.
• Komodo (KMD) traded 0.6% higher against the dollar and now trades at $0.0364 or 0.00000042 BTC.

About ZClassic

ZClassic (ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The official message board for ZClassic is t.me/zclassicce_announcement. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. The official website for ZClassic is zclassic.org. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder's reward. This founder's reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder's reward ZClassic wants to make mining fair for everyone involved.Block explorer data from https://classic.zcha.in/”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView