ZClassic (ZCL) Reaches Market Cap of $8.32 Million

ZClassic (ZCL) traded 47.3% higher against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on September 21st. ZClassic has a market capitalization of $8.32 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours. One ZClassic coin can now be purchased for $0.90 or 0.00001041 BTC on popular cryptocurrency exchanges. Over the last seven days, ZClassic has traded 72.6% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Zcash (ZEC) traded 5% higher against the dollar and now trades at $1,510.27 or 0.01756225 BTC.
• Horizen (ZEN) traded 4.9% higher against the dollar and now trades at $7.76 or 0.00009020 BTC.
• Pirate Chain (ARRR) traded down 14% against the dollar and now trades at $0.27 or 0.00000315 BTC.
• Komodo (KMD) traded up 742.6% against the dollar and now trades at $0.0706 or 0.00000082 BTC.
• Bitcoin Gold (BTG) traded up 7.2% against the dollar and now trades at $0.54 or 0.00000628 BTC.

ZClassic Coin Profile

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

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 possible to purchase alternative cryptocurrencies such as ZClassic directly using U.S. dollars. Investors seeking to acquire ZClassic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView