Ethereum Classic Price Reaches $30.00 on Exchanges (ETC)

Ethereum Classic (ETC) traded 7.7% lower against the US dollar during the 1-day period ending at 9:00 AM E.T. on May 22nd. Over the last week, Ethereum Classic has traded up 12.9% against the US dollar. One Ethereum Classic coin can now be purchased for $30.00 or 0.00043165 BTC on popular exchanges. Ethereum Classic has a market capitalization of $4.42 billion and $579.61 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $69,509.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.9% lower against the dollar and now trades at $0.16 or 0.00000236 BTC.
• Bitcoin Cash (BCH) traded down 5% against the dollar and now trades at $499.52 or 0.00718628 BTC.
• Litecoin (LTC) traded 3.1% lower against the dollar and now trades at $86.17 or 0.00123962 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.94 or 0.00008540 BTC.
• Arweave (AR) traded 0.5% lower against the dollar and now trades at $43.98 or 0.00063273 BTC.
• Monero (XMR) traded 3.6% lower against the dollar and now trades at $136.57 or 0.00196475 BTC.
• Bitcoin SV (BSV) traded 5.8% lower against the dollar and now trades at $66.47 or 0.00095629 BTC.
• eCash (XEC) traded 4.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Conflux (CFX) traded 3.3% lower against the dollar and now trades at $0.23 or 0.00000336 BTC.

Ethereum Classic Profile

ETC 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 147,178,338 coins. Ethereum Classic’s official website is ethereumclassic.org. 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 Twitter account is @eth_classic and its Facebook page is accessible here. The official message board for Ethereum Classic is ethereumclassic.org/news.

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 trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView