Ethereum Classic Market Capitalization Achieves $2.76 Billion (ETC)

Ethereum Classic (ETC) traded 1.3% lower against the dollar during the 24 hour period ending at 20:00 PM E.T. on August 18th. One Ethereum Classic coin can currently be purchased for $18.61 or 0.00031709 BTC on popular cryptocurrency exchanges. During the last week, Ethereum Classic has traded 0.6% higher against the dollar. Ethereum Classic has a market capitalization of $2.76 billion and $73.57 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $58,677.82 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3% against the dollar and now trades at $0.0999 or 0.00000170 BTC.
• Bitcoin Cash (BCH) traded down 2.6% against the dollar and now trades at $333.64 or 0.00568592 BTC.
• UNUS SED LEO (LEO) traded 2.3% lower against the dollar and now trades at $5.75 or 0.00009804 BTC.
• Litecoin (LTC) traded 1.9% lower against the dollar and now trades at $66.31 or 0.00113008 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $151.06 or 0.00257433 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $20.99 or 0.00035770 BTC.
• Bitcoin SV (BSV) traded 1.7% lower against the dollar and now trades at $42.26 or 0.00072026 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Zcash (ZEC) traded 2.4% lower against the dollar and now trades at $42.84 or 0.00073002 BTC.

Ethereum Classic Coin Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 148,385,087 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. 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.

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 currently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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