Ethereum Classic (ETC) Price Up 12.5% This Week

Ethereum Classic (ETC) traded 3% higher against the U.S. dollar during the one day period ending at 18:00 PM ET on June 23rd. One Ethereum Classic coin can currently be bought for about $15.84 or 0.00076272 BTC on major cryptocurrency exchanges. Ethereum Classic has a total market capitalization of $2.14 billion and $210.80 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded 12.5% higher against the U.S. dollar.

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

  • Ethereum (ETH) traded 6.7% higher against the dollar and now trades at $1,131.28 or 0.05447905 BTC.
  • Super Zero Protocol (SERO) traded up 0.2% against the dollar and now trades at $0.0949 or 0.00000457 BTC.
  • Callisto Network (CLO) traded up 3.9% against the dollar and now trades at $0.0023 or 0.00000011 BTC.
  • WhaleRoom (WHL) traded 19.2% higher against the dollar and now trades at $2.08 or 0.00007088 BTC.
  • Transaction Service fee (TSF) traded 5.6% higher against the dollar and now trades at $0.0633 or 0.00000308 BTC.
  • Etho Protocol (ETHO) traded 2.3% lower against the dollar and now trades at $0.0281 or 0.00000135 BTC.
  • Ether Zero (ETZ) traded 25.4% lower against the dollar and now trades at $0.0003 or 0.00000001 BTC.
  • Ellaism (ELLA) traded flat against the dollar and now trades at $0.0012 or 0.00000002 BTC.
  • Smart Music (MUSIC) traded up 5.7% against the dollar and now trades at $0.0049 or 0.00000024 BTC.
  • Bitcoiin (B2G) traded flat against the dollar and now trades at $0.0006 or 0.00000001 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 135,431,152 coins. Ethereum Classic’s official website is ethereumclassic.org. The Reddit community for Ethereum Classic is /r/EthereumClassic and the currency’s Github account can be viewed here. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official message board is forum.ethereumclassic.org.

According to CryptoCompare, “Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction. The Ethereum Classic mission statement is: “We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted – by anyone.” Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/ In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic. “

Buying and Selling Ethereum Classic

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

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