ZClassic Hits Market Cap of $7.75 Million (ZCL)

ZClassic (ZCL) traded 8.7% lower against the dollar during the 24-hour period ending at 11:00 AM Eastern on October 7th. Over the last seven days, ZClassic has traded 2.4% lower against the dollar. One ZClassic coin can now be purchased for approximately $0.83 or 0.00001006 BTC on exchanges. ZClassic has a total market cap of $7.75 million and $741.84 worth of ZClassic was traded on exchanges in the last day.

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

• Zcash (ZEC) traded down 4.1% against the dollar and now trades at $1,320.01 or 0.01591864 BTC.
• Horizen (ZEN) traded down 9.6% against the dollar and now trades at $6.53 or 0.00007877 BTC.
• Pirate Chain (ARRR) traded 8% lower against the dollar and now trades at $0.28 or 0.00000337 BTC.
• Bitcoin Gold (BTG) traded 5.3% lower against the dollar and now trades at $0.63 or 0.00000763 BTC.
• Komodo (KMD) traded down 73.9% against the dollar and now trades at $0.0205 or 0.00000025 BTC.

About ZClassic

ZCL is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its genesis date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. ZClassic’s official website is zclassic.org. The official message board for ZClassic is t.me/zclassicce_announcement.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

ZClassic Coin Trading

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

ZCL/USD price chart by TradingView