ZClassic Hits Market Cap of $7.75 Million (ZCL)

ZClassic (ZCL) traded down 8.7% against the dollar during the 24-hour period ending at 11:00 AM Eastern on October 7th. One ZClassic coin can currently be purchased for approximately $0.83 or 0.00001006 BTC on major exchanges. During the last week, ZClassic has traded down 2.4% against the dollar. ZClassic has a total market cap of $7.75 million and $741.84 worth of ZClassic was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Zcash (ZEC) traded down 4.1% against the dollar and now trades at $1,320.01 or 0.01591864 BTC.
• Horizen (ZEN) traded down 9.6% against the dollar and now trades at $6.53 or 0.00007877 BTC.
• Pirate Chain (ARRR) traded 8% lower against the dollar and now trades at $0.28 or 0.00000337 BTC.
• Bitcoin Gold (BTG) traded down 5.3% against the dollar and now trades at $0.63 or 0.00000763 BTC.
• Komodo (KMD) traded down 73.9% against the dollar and now trades at $0.0205 or 0.00000025 BTC.

ZClassic Coin Profile

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. The official website for ZClassic is zclassic.org. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. The official message board for ZClassic is t.me/zclassicce_announcement. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as ZClassic directly using US dollars. Investors seeking to acquire ZClassic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView