ZClassic Reaches Market Cap of $1.56 Million (ZCL)

ZClassic (ZCL) traded 0.8% lower against the US dollar during the 1-day period ending at 12:00 PM Eastern on June 21st. Over the last week, ZClassic has traded up 5.3% against the US dollar. One ZClassic coin can currently be purchased for about $0.17 or 0.00000263 BTC on major exchanges. ZClassic has a market capitalization of $1.56 million and $741.84 worth of ZClassic was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 5% against the dollar and now trades at $450.57 or 0.00702934 BTC.
• Horizen (ZEN) traded 1.3% lower against the dollar and now trades at $4.66 or 0.00007271 BTC.
• Pirate Chain (ARRR) traded down 7.6% against the dollar and now trades at $0.30 or 0.00000460 BTC.
• Komodo (KMD) traded up 254.6% against the dollar and now trades at $0.10 or 0.00000161 BTC.
• Bitcoin Gold (BTG) traded 37.5% higher against the dollar and now trades at $0.30 or 0.00000461 BTC.

About ZClassic

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

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”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView