ZClassic Reaches Market Capitalization of $1.97 Million (ZCL)

ZClassic (ZCL) traded down 0.1% against the US dollar during the 24-hour period ending at 12:00 PM ET on March 5th. One ZClassic coin can currently be purchased for $0.21 or 0.00000291 BTC on exchanges. During the last week, ZClassic has traded 13.5% higher against the US dollar. ZClassic has a market capitalization of $1.97 million and $729.01 worth of ZClassic was traded on exchanges in the last 24 hours.

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

• Zcash (ZEC) traded up 3.1% against the dollar and now trades at $233.29 or 0.00320082 BTC.
• Horizen (ZEN) traded 3.6% higher against the dollar and now trades at $5.90 or 0.00008102 BTC.
• Pirate Chain (ARRR) traded 1.4% higher against the dollar and now trades at $0.26 or 0.00000351 BTC.
• Bitcoin Gold (BTG) traded down 8.9% against the dollar and now trades at $0.79 or 0.00001090 BTC.
• Komodo (KMD) traded 17.7% higher against the dollar and now trades at $0.0225 or 0.00000031 BTC.

ZClassic Profile

ZClassic (ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The official website for ZClassic is zclassic.org. ZClassic’s official message board is t.me/zclassicce_announcement.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

ZClassic Coin Trading

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

ZCL/USD price chart by TradingView