Ethereum Classic (ETC) Reaches Market Cap of $1.32 Billion

Ethereum Classic (ETC) traded up 1.5% against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on September 9th. In the last seven days, Ethereum Classic has traded 15.6% higher against the U.S. dollar. One Ethereum Classic coin can now be bought for about $8.35 or 0.00010489 BTC on major cryptocurrency exchanges. Ethereum Classic has a market cap of $1.32 billion and $118.17 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Arweave (AR) traded 2.3% lower against the dollar and now trades at $2.85 or 0.00003583 BTC.
• Bitcoin (BTC) traded up 2.1% against the dollar and now trades at $79,580.32 or 1.00000000 BTC.
• Zcash (ZEC) traded 9% higher against the dollar and now trades at $1,264.01 or 0.01588339 BTC.
• Dogecoin (DOGE) traded up 2.4% against the dollar and now trades at $0.0914 or 0.00000115 BTC.
• Monero (XMR) traded 2.3% lower against the dollar and now trades at $496.89 or 0.00624394 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $9.18 or 0.00011540 BTC.
• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $259.61 or 0.00326223 BTC.
• Litecoin (LTC) traded down 2.1% against the dollar and now trades at $54.21 or 0.00068120 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $17.06 or 0.00021433 BTC.

About Ethereum Classic

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 158,119,855 coins. The official website for Ethereum Classic is ethereumclassic.org. 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. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView