Ethereum Classic (ETC) Hits 24 Hour Trading Volume of $309.26 Million – Transcript Daily
Ethereum Classic (ETC) traded up 3.5% against the US dollar during the 1-day period ending at 7:00 AM Eastern on May 22nd. Ethereum Classic has a market cap of $2.83 billion and $309.26 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded up 0% against the US dollar. One Ethereum Classic coin can now be purchased for approximately $20.96 or 0.00069371 BTC on popular exchanges.
Here is how similar cryptocurrencies have performed during the last day:
- Ethereum (ETH) traded 3% higher against the dollar and now trades at $2,029.73 or 0.06718914 BTC.
- Super Zero Protocol (SERO) traded 2.5% higher against the dollar and now trades at $0.0989 or 0.00000327 BTC.
- Callisto Network (CLO) traded up 0.2% against the dollar and now trades at $0.0037 or 0.00000012 BTC.
- WhaleRoom (WHL) traded up 19.2% against the dollar and now trades at $2.08 or 0.00007088 BTC.
- Transaction Service fee (TSF) traded 5.8% higher against the dollar and now trades at $0.13 or 0.00000438 BTC.
- Ether Zero (ETZ) traded up 26.6% against the dollar and now trades at $0.0014 or 0.00000005 BTC.
- Etho Protocol (ETHO) traded down 25% against the dollar and now trades at $0.0127 or 0.00000042 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.
About Ethereum Classic
Ethereum Classic (ETC) 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 134,888,264 coins. Ethereum Classic’s official website 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 /r/EthereumClassic and the currency’s Github account can be viewed here. Ethereum Classic’s official message board is forum.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 presently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.
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