Ethereum Classic Market Cap Hits $1.15 Billion (ETC)

Ethereum Classic (ETC) traded down 0.1% against the US dollar during the 1-day period ending at 9:00 AM ET on September 1st. In the last week, Ethereum Classic has traded 9.8% lower against the US dollar. Ethereum Classic has a total market cap of $1.15 billion and approximately $28.65 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can currently be bought for approximately $7.25 or 0.00009300 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Arweave (AR) traded up 6.9% against the dollar and now trades at $2.21 or 0.00002838 BTC.
• Bitcoin (BTC) traded down 0% against the dollar and now trades at $77,962.54 or 1.00000000 BTC.
• Zcash (ZEC) traded up 3.1% against the dollar and now trades at $847.58 or 0.01087164 BTC.
• Dogecoin (DOGE) traded up 0.2% against the dollar and now trades at $0.0827 or 0.00000106 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $516.49 or 0.00662483 BTC.
• UNUS SED LEO (LEO) traded down 2.3% against the dollar and now trades at $9.41 or 0.00012065 BTC.
• Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $247.04 or 0.00316875 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $49.17 or 0.00063063 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.4% higher against the dollar and now trades at $15.77 or 0.00020222 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 158,028,413 coins. Ethereum Classic’s official website is ethereumclassic.org. 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.

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 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView