Ethereum Classic (ETC) Market Cap Tops $2.99 Billion

Ethereum Classic (ETC) traded up 3.3% against the US dollar during the 1 day period ending at 12:00 PM ET on October 20th. One Ethereum Classic coin can now be purchased for approximately $20.07 or 0.00029271 BTC on cryptocurrency exchanges. Ethereum Classic has a total market cap of $2.99 billion and $99.11 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. During the last week, Ethereum Classic has traded 9.3% higher against the US dollar.

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

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $68,550.84 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.14 or 0.00000202 BTC.
• Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $366.72 or 0.00534957 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.08 or 0.00008866 BTC.
• Litecoin (LTC) traded 0.5% lower against the dollar and now trades at $74.67 or 0.00108922 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $161.18 or 0.00235119 BTC.
• Arweave (AR) traded 2.6% higher against the dollar and now trades at $19.23 or 0.00028059 BTC.
• Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $50.98 or 0.00074372 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 1.7% higher against the dollar and now trades at $0.16 or 0.00000239 BTC.

Ethereum Classic Profile

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 149,214,785 coins. 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 message board is ethereumclassic.org/news. The official website for Ethereum Classic 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 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView