ZClassic (ZCL) Achieves Market Cap of $1.93 Million

ZClassic (ZCL) traded down 6% against the dollar during the one day period ending at 11:00 AM ET on August 28th. One ZClassic coin can now be bought for $0.21 or 0.00000262 BTC on popular cryptocurrency exchanges. In the last week, ZClassic has traded down 23.6% against the dollar. ZClassic has a total market capitalization of $1.93 million and approximately $741.84 worth of ZClassic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Zcash (ZEC) traded 2.1% higher against the dollar and now trades at $810.76 or 0.01020201 BTC.
• Horizen (ZEN) traded down 1.8% against the dollar and now trades at $5.16 or 0.00006489 BTC.
• Pirate Chain (ARRR) traded up 3.8% against the dollar and now trades at $0.20 or 0.00000255 BTC.
• Bitcoin Gold (BTG) traded down 0.8% against the dollar and now trades at $0.50 or 0.00000630 BTC.
• Komodo (KMD) traded down 22.8% against the dollar and now trades at $0.0064 or 0.00000008 BTC.

About ZClassic

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

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/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView