Ethereum Classic Reaches Market Cap of $1.11 Billion (ETC)

Ethereum Classic (ETC) traded 0.1% lower against the US dollar during the 24 hour period ending at 9:00 AM ET on July 11th. Ethereum Classic has a total market capitalization of $1.11 billion and approximately $25.94 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be purchased for $7.07 or 0.00011024 BTC on popular cryptocurrency exchanges. In the last seven days, Ethereum Classic has traded down 2.8% against the US dollar.

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

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $2.00 or 0.00003117 BTC.
• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $64,172.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1% higher against the dollar and now trades at $0.0748 or 0.00000116 BTC.
• UNUS SED LEO (LEO) traded up 1.2% against the dollar and now trades at $9.50 or 0.00014800 BTC.
• Zcash (ZEC) traded 0.7% lower against the dollar and now trades at $502.91 or 0.00783687 BTC.
• Monero (XMR) traded 0.2% lower against the dollar and now trades at $320.75 or 0.00499825 BTC.
• Bitcoin Cash (BCH) traded down 1.4% against the dollar and now trades at $247.67 or 0.00385947 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $44.98 or 0.00070093 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $13.61 or 0.00021213 BTC.

About Ethereum Classic

Ethereum Classic (CRYPTO: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 157,454,928 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official message board is ethereumclassic.org/news. 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 purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView