Ethereum Classic Market Capitalization Achieves $2.90 Billion (ETC)

Ethereum Classic (ETC) traded down 3.4% against the US dollar during the 1 day period ending at 15:00 PM ET on August 26th. One Ethereum Classic coin can now be bought for approximately $19.53 or 0.00030738 BTC on popular exchanges. Over the last seven days, Ethereum Classic has traded 3.1% higher against the US dollar. Ethereum Classic has a market cap of $2.90 billion and $94.34 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $63,537.16 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.1% against the dollar and now trades at $0.11 or 0.00000166 BTC.
• Bitcoin Cash (BCH) traded down 4.6% against the dollar and now trades at $342.95 or 0.00539764 BTC.
• UNUS SED LEO (LEO) traded down 2.9% against the dollar and now trades at $5.82 or 0.00009153 BTC.
• Litecoin (LTC) traded down 1.9% against the dollar and now trades at $63.93 or 0.00100612 BTC.
• Monero (XMR) traded 2.8% lower against the dollar and now trades at $165.40 or 0.00260318 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $24.90 or 0.00039190 BTC.
• Bitcoin SV (BSV) traded 4.7% lower against the dollar and now trades at $44.23 or 0.00069618 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 5.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

Ethereum Classic (ETC) 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 148,487,898 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic is ethereumclassic.org.

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.”

Buying and Selling Ethereum Classic

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

ETC/USD price chart by TradingView