Ethereum Classic Market Cap Reaches $5.86 Billion (ETC)
Ethereum Classic (ETC) traded 8.4% lower against the US dollar during the 24 hour period ending at 7:00 AM ET on March 24th. During the last seven days, Ethereum Classic has traded up 61.9% against the US dollar. Ethereum Classic has a market capitalization of $5.86 billion and $2.69 billion worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be bought for about $43.80 or 0.00101833 BTC on popular cryptocurrency exchanges.
Here’s how related cryptocurrencies have performed during the last 24 hours:
- Ethereum (ETH) traded 3.1% higher against the dollar and now trades at $3,053.93 or 0.07099615 BTC.
- Super Zero Protocol (SERO) traded 22.2% higher against the dollar and now trades at $0.15 or 0.00000346 BTC.
- Callisto Network (CLO) traded 0.6% higher against the dollar and now trades at $0.0071 or 0.00000017 BTC.
- Etho Protocol (ETHO) traded 15.4% lower against the dollar and now trades at $0.0292 or 0.00000068 BTC.
- Ether Zero (ETZ) traded 7.6% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Ellaism (ELLA) traded flat against the dollar and now trades at $0.0012 or 0.00000002 BTC.
- Bitcoiin (B2G) traded flat against the dollar and now trades at $0.0006 or 0.00000001 BTC.
- Elementrem (ELE) traded flat against the dollar and now trades at $0.0010 or 0.00000006 BTC.
- Akroma (AKA) traded up 2% against the dollar and now trades at $0.0013 or 0.00000003 BTC.
- Money Plant Token (MPT) traded flat against the dollar and now trades at $0.0006 or 0.00000001 BTC.
About Ethereum Classic
Ethereum Classic is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 133,755,247 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. 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 website is ethereumclassic.org.
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 possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.
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