Ethereum Classic Market Cap Hits $4.75 Billion (ETC)

Ethereum Classic (ETC) traded 3% higher against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on March 28th. Ethereum Classic has a market cap of $4.75 billion and $263.87 million worth of Ethereum Classic was traded on exchanges in the last day. Over the last seven days, Ethereum Classic has traded up 6% against the U.S. dollar. One Ethereum Classic coin can currently be bought for approximately $32.47 or 0.00045892 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 3.1% higher against the dollar and now trades at $70,745.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 18.7% higher against the dollar and now trades at $0.22 or 0.00000310 BTC.
• Bitcoin Cash (BCH) traded 5.3% higher against the dollar and now trades at $568.01 or 0.00802888 BTC.
• Litecoin (LTC) traded up 0.8% against the dollar and now trades at $95.31 or 0.00134724 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.07 or 0.00008575 BTC.
• Arweave (AR) traded 0.7% higher against the dollar and now trades at $41.78 or 0.00059050 BTC.
• Monero (XMR) traded down 1.6% against the dollar and now trades at $135.18 or 0.00191077 BTC.
• Bitcoin SV (BSV) traded up 3.7% against the dollar and now trades at $93.27 or 0.00131836 BTC.
• Conflux (CFX) traded up 1% against the dollar and now trades at $0.48 or 0.00000672 BTC.
• eCash (XEC) traded 2.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 23rd, 2016. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,264,160 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. The official message board for Ethereum Classic is forum.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 possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView