Ethereum Classic (ETC) Market Cap Achieves $3.99 Billion

Ethereum Classic (ETC) traded down 6.1% against the dollar during the 24-hour period ending at 12:00 PM E.T. on April 29th. Over the last week, Ethereum Classic has traded down 3.5% against the dollar. One Ethereum Classic coin can now be bought for about $27.15 or 0.00043171 BTC on popular cryptocurrency exchanges. Ethereum Classic has a market capitalization of $3.99 billion and $239.50 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.2% lower against the dollar and now trades at $62,883.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.2% against the dollar and now trades at $0.14 or 0.00000226 BTC.
• Bitcoin Cash (BCH) traded 4% lower against the dollar and now trades at $460.68 or 0.00732601 BTC.
• Litecoin (LTC) traded down 1.2% against the dollar and now trades at $83.72 or 0.00133143 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.78 or 0.00009199 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $123.45 or 0.00196324 BTC.
• Arweave (AR) traded down 7.9% against the dollar and now trades at $34.29 or 0.00054523 BTC.
• Bitcoin SV (BSV) traded down 3.6% against the dollar and now trades at $64.84 or 0.00103113 BTC.
• eCash (XEC) traded 5.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded 8.5% lower against the dollar and now trades at $0.22 or 0.00000354 BTC.

About Ethereum Classic

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,799,315 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is ethereumclassic.org. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here.

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.”

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 trade Ethereum Classic 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 Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView