Ethereum Classic Reaches Market Capitalization of $3.99 Billion (ETC)

Ethereum Classic (ETC) traded up 4.6% against the US dollar during the 1-day period ending at 21:00 PM Eastern on May 3rd. During the last seven days, Ethereum Classic has traded 1.8% higher against the US dollar. Ethereum Classic has a market cap of $3.99 billion and approximately $207.77 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for $27.16 or 0.00043129 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 6.1% higher against the dollar and now trades at $62,971.23 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 11.6% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 6.7% higher against the dollar and now trades at $467.07 or 0.00741770 BTC.
• Litecoin (LTC) traded up 1.8% against the dollar and now trades at $82.05 or 0.00130309 BTC.
• UNUS SED LEO (LEO) traded 1.5% lower against the dollar and now trades at $5.87 or 0.00009319 BTC.
• Arweave (AR) traded 2.3% higher against the dollar and now trades at $35.13 or 0.00055786 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $123.70 or 0.00196453 BTC.
• Bitcoin SV (BSV) traded 9.9% higher against the dollar and now trades at $65.17 or 0.00103502 BTC.
• eCash (XEC) traded up 8.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded up 2.1% against the dollar and now trades at $0.23 or 0.00000365 BTC.

Ethereum Classic Profile

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,871,079 coins. The official message board for Ethereum Classic 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. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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 buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView