Ethereum Classic (ETC) Hits Market Capitalization of $3.92 Billion

Ethereum Classic (ETC) traded up 0.2% against the US dollar during the 24 hour period ending at 10:00 AM E.T. on November 18th. One Ethereum Classic coin can currently be purchased for about $26.20 or 0.00028952 BTC on major exchanges. In the last seven days, Ethereum Classic has traded up 15.7% against the US dollar. Ethereum Classic has a market capitalization of $3.92 billion and $549.50 million worth of Ethereum Classic was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $90,381.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.9% against the dollar and now trades at $0.36 or 0.00000402 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $438.10 or 0.00484061 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $7.65 or 0.00008448 BTC.
• Litecoin (LTC) traded up 0% against the dollar and now trades at $88.98 or 0.00098320 BTC.
• Monero (XMR) traded up 2.3% against the dollar and now trades at $154.00 or 0.00170153 BTC.
• Bitcoin SV (BSV) traded 2.1% higher against the dollar and now trades at $68.02 or 0.00075159 BTC.
• Arweave (AR) traded 3.9% higher against the dollar and now trades at $18.71 or 0.00020673 BTC.
• eCash (XEC) traded up 1.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ethereum Classic Profile

Ethereum Classic 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 149,598,272 coins. 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. Ethereum Classic’s official message board 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.”

Buying and Selling Ethereum Classic

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

ETC/USD price chart by TradingView