ZClassic Reaches Market Cap of $2.32 Million (ZCL)

ZClassic (ZCL) traded up 11% against the dollar during the 1-day period ending at 12:00 PM ET on January 24th. ZClassic has a total market cap of $2.32 million and $27.71 worth of ZClassic was traded on exchanges in the last 24 hours. During the last week, ZClassic has traded 28.5% lower against the dollar. One ZClassic coin can currently be purchased for about $0.25 or 0.00000280 BTC on popular exchanges.

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

• Zcash (ZEC) traded 1.5% lower against the dollar and now trades at $362.87 or 0.00406827 BTC.
• Horizen (ZEN) traded down 4.7% against the dollar and now trades at $9.80 or 0.00010986 BTC.
• Pirate Chain (ARRR) traded 4.7% higher against the dollar and now trades at $0.45 or 0.00000503 BTC.
• Bitcoin Gold (BTG) traded up 65.8% against the dollar and now trades at $1.11 or 0.00001239 BTC.
• Komodo (KMD) traded 38.7% higher against the dollar and now trades at $0.0351 or 0.00000039 BTC.

ZClassic Coin Profile

ZClassic (CRYPTO:ZCL) is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. Its launch date was November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. The official message board for ZClassic is t.me/zclassicce_announcement. ZClassic’s official website is zclassic.org. 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.

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/”

Buying and Selling ZClassic

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

ZCL/USD price chart by TradingView