ZClassic (ZCL) Market Capitalization Reaches $3.60 Million

ZClassic (ZCL) traded 9% lower against the US dollar during the 1 day period ending at 13:00 PM Eastern on February 9th. ZClassic has a total market capitalization of $3.60 million and approximately $787.96 worth of ZClassic was traded on exchanges in the last 24 hours. Over the last week, ZClassic has traded 64% higher against the US dollar. One ZClassic coin can currently be bought for approximately $0.39 or 0.00000551 BTC on exchanges.

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

• Zcash (ZEC) traded up 2% against the dollar and now trades at $242.40 or 0.00344350 BTC.
• Horizen (ZEN) traded up 0.1% against the dollar and now trades at $6.02 or 0.00008550 BTC.
• Pirate Chain (ARRR) traded up 5.6% against the dollar and now trades at $0.28 or 0.00000400 BTC.
• Bitcoin Gold (BTG) traded 15.8% lower against the dollar and now trades at $0.75 or 0.00001066 BTC.
• Komodo (KMD) traded 0.3% lower against the dollar and now trades at $0.0236 or 0.00000033 BTC.

ZClassic Profile

ZClassic (CRYPTO:ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. 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 message board is t.me/zclassicce_announcement. 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 purchase alternative cryptocurrencies such as ZClassic directly using U.S. dollars. Investors seeking to acquire ZClassic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ZClassic using one of the exchanges listed above.

ZCL/USD price chart by TradingView