Ethereum Classic Market Cap Reaches $3.33 Billion (ETC)

Ethereum Classic (ETC) traded 2.8% lower against the US dollar during the 24-hour period ending at 7:00 AM E.T. on July 3rd. Ethereum Classic has a market capitalization of $3.33 billion and $114.42 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can currently be purchased for about $22.54 or 0.00037416 BTC on major cryptocurrency exchanges. Over the last seven days, Ethereum Classic has traded 4.6% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 3.7% against the dollar and now trades at $60,235.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.9% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Bitcoin Cash (BCH) traded 3.3% lower against the dollar and now trades at $373.43 or 0.00619951 BTC.
• Litecoin (LTC) traded 1.6% lower against the dollar and now trades at $74.00 or 0.00122847 BTC.
• UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $5.81 or 0.00009641 BTC.
• Monero (XMR) traded down 1.8% against the dollar and now trades at $165.78 or 0.00275218 BTC.
• Arweave (AR) traded 4.5% lower against the dollar and now trades at $26.92 or 0.00044697 BTC.
• Bitcoin SV (BSV) traded down 2.8% against the dollar and now trades at $43.25 or 0.00071794 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 0.4% against the dollar and now trades at $0.17 or 0.00000278 BTC.

Ethereum Classic Profile

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 147,767,349 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. 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 message board is ethereumclassic.org/news. Ethereum Classic’s official website is ethereumclassic.org.

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.”

Ethereum Classic Coin Trading

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

ETC/USD price chart by TradingView