Ethereum Classic Reaches Market Cap of $3.80 Billion (ETC)

Ethereum Classic (ETC) traded 1.3% lower against the US dollar during the one day period ending at 16:00 PM E.T. on April 16th. Over the last week, Ethereum Classic has traded down 21.4% against the US dollar. One Ethereum Classic coin can now be bought for about $25.93 or 0.00041233 BTC on popular exchanges. Ethereum Classic has a market capitalization of $3.80 billion and approximately $290.52 million worth of Ethereum Classic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 0.5% against the dollar and now trades at $62,970.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.7% against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $482.04 or 0.00766385 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $79.11 or 0.00125768 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.87 or 0.00009329 BTC.
• Monero (XMR) traded 0.7% higher against the dollar and now trades at $121.26 or 0.00192795 BTC.
• Arweave (AR) traded down 7.4% against the dollar and now trades at $24.14 or 0.00038379 BTC.
• Bitcoin SV (BSV) traded 2.4% higher against the dollar and now trades at $66.84 or 0.00106273 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Nervos Network (CKB) traded 9% lower against the dollar and now trades at $0.0216 or 0.00000034 BTC.

About Ethereum Classic

Ethereum Classic 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 146,584,336 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. 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. 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.”

Ethereum Classic Coin Trading

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

ETC/USD price chart by TradingView

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