Ethereum Classic Price Tops $27.40 (ETC)

Ethereum Classic (ETC) traded 0.9% lower against the US dollar during the 24-hour period ending at 13:00 PM ET on May 6th. Ethereum Classic has a market cap of $4.03 billion and approximately $254.74 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Classic has traded 0.9% higher against the US dollar. One Ethereum Classic coin can now be bought for $27.40 or 0.00043278 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 1.6% against the dollar and now trades at $63,316.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.1% against the dollar and now trades at $0.16 or 0.00000247 BTC.
• Bitcoin Cash (BCH) traded up 2.7% against the dollar and now trades at $482.29 or 0.00761708 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $81.78 or 0.00129160 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $5.82 or 0.00009197 BTC.
• Arweave (AR) traded down 3.1% against the dollar and now trades at $39.90 or 0.00063020 BTC.
• Monero (XMR) traded up 0.9% against the dollar and now trades at $130.60 or 0.00206269 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $64.72 or 0.00102214 BTC.
• eCash (XEC) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded 4.1% lower against the dollar and now trades at $0.22 or 0.00000351 BTC.

Ethereum Classic Coin Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,914,405 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official message board is ethereumclassic.org/news. Ethereum Classic’s official website 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 presently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView