Ethereum Classic (ETC) Reaches Market Capitalization of $3.58 Billion

Ethereum Classic (ETC) traded down 4.2% against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on April 18th. Ethereum Classic has a market cap of $3.58 billion and $216.24 million worth of Ethereum Classic was traded on exchanges in the last day. During the last week, Ethereum Classic has traded 28% lower against the U.S. dollar. One Ethereum Classic coin can now be bought for about $24.42 or 0.00040575 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $60,178.26 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.9% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded down 3.7% against the dollar and now trades at $451.23 or 0.00749825 BTC.
• Litecoin (LTC) traded down 4% against the dollar and now trades at $76.90 or 0.00127791 BTC.
• UNUS SED LEO (LEO) traded down 1.6% against the dollar and now trades at $5.82 or 0.00009676 BTC.
• Monero (XMR) traded down 5.9% against the dollar and now trades at $111.53 or 0.00185335 BTC.
• Arweave (AR) traded down 3.8% against the dollar and now trades at $23.07 or 0.00038343 BTC.
• Bitcoin SV (BSV) traded down 4.5% against the dollar and now trades at $62.37 or 0.00103634 BTC.
• eCash (XEC) traded 4.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded down 8.3% against the dollar and now trades at $0.21 or 0.00000350 BTC.

About Ethereum Classic

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,621,995 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible 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.”

Ethereum Classic Coin Trading

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

ETC/USD price chart by TradingView