Ethereum Classic Trading 18.2% Lower Over Last 7 Days (ETC)

   2021-07-14 11:07


Ethereum Classic (CURRENCY:ETC) traded 5% lower against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on July 14th. One Ethereum Classic coin can currently be bought for $44.79 or 0.00137820 BTC on major exchanges. Ethereum Classic has a total market capitalization of $5.21 billion and $2.10 billion worth of Ethereum Classic was traded on exchanges in the last day. In the last week, Ethereum Classic has traded 18.2% lower against the U.S. dollar.



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


  • Ethereum (ETH) traded down 3.5% against the dollar and now trades at $1,949.35 or 0.05998490 BTC.
  • Super Zero Protocol (SERO) traded down 1.4% against the dollar and now trades at $0.18 or 0.00000560 BTC.
  • Callisto Network (CLO) traded 0.3% lower against the dollar and now trades at $0.0062 or 0.00000019 BTC.
  • Etho Protocol (ETHO) traded down 7.2% against the dollar and now trades at $0.0612 or 0.00000188 BTC.
  • Ether Zero (ETZ) traded 3.7% lower against the dollar and now trades at $0.0014 or 0.00000004 BTC.
  • Ellaism (ELLA) traded down 1.9% against the dollar and now trades at $0.0019 or 0.00000006 BTC.
  • Bitcoiin (B2G) traded down 1.9% against the dollar and now trades at $0.0006 or 0.00000002 BTC.
  • Elementrem (ELE) traded up 1.4% against the dollar and now trades at $0.0010 or 0.00000006 BTC.
  • Akroma (AKA) traded down 1.9% against the dollar and now trades at $0.0003 or 0.00000001 BTC.
  • Money Plant Token (MPT) traded 2.6% lower against the dollar and now trades at $0.0003 or 0.00000001 BTC.

About Ethereum Classic

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 116,313,299 coins. Ethereum Classic’s official website is ethereumclassic.org. The official message board for Ethereum Classic is forum.ethereumclassic.org. The Reddit community for Ethereum Classic is /r/EthereumClassic and the currency’s Github account can be viewed here. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here.

According to CryptoCompare, “Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction. The Ethereum Classic mission statement is: “We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can’t shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted – by anyone.” Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/ In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic. “

Buying and Selling Ethereum Classic

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



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