ZClassic (ZCL) Price Down 7.8% This Week

ZClassic (ZCL) traded 7.1% lower against the US dollar during the 1 day period ending at 11:00 AM ET on August 4th. ZClassic has a total market capitalization of $1.32 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours. Over the last week, ZClassic has traded 7.8% lower against the US dollar. One ZClassic coin can now be bought for approximately $0.14 or 0.00000222 BTC on major cryptocurrency exchanges.

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

• Zcash (ZEC) traded 0.6% higher against the dollar and now trades at $492.09 or 0.00767896 BTC.
• Horizen (ZEN) traded 0.9% lower against the dollar and now trades at $4.10 or 0.00006400 BTC.
• Pirate Chain (ARRR) traded 11% higher against the dollar and now trades at $0.23 or 0.00000361 BTC.
• Bitcoin Gold (BTG) traded 0.1% higher against the dollar and now trades at $0.36 or 0.00000567 BTC.
• Komodo (KMD) traded up 74.7% against the dollar and now trades at $0.0267 or 0.00000042 BTC.

ZClassic Profile

ZClassic (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. ZClassic’s official message board 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.

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”

ZClassic Coin Trading

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

ZCL/USD price chart by TradingView