Ethereum Classic (ETC) Market Capitalization Reaches $4.70 Billion

Ethereum Classic (ETC) traded 1% lower against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on May 27th. Ethereum Classic has a market cap of $4.70 billion and $339.61 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be bought for about $31.93 or 0.00045897 BTC on exchanges. Over the last seven days, Ethereum Classic has traded 6.1% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $69,575.07 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.17 or 0.00000242 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $489.72 or 0.00703878 BTC.
• Litecoin (LTC) traded 1.8% higher against the dollar and now trades at $85.36 or 0.00122687 BTC.
• UNUS SED LEO (LEO) traded down 2.5% against the dollar and now trades at $5.83 or 0.00008374 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $143.60 or 0.00206397 BTC.
• Arweave (AR) traded 4.1% higher against the dollar and now trades at $40.18 or 0.00057750 BTC.
• Bitcoin SV (BSV) traded 0.2% lower against the dollar and now trades at $63.48 or 0.00091234 BTC.
• eCash (XEC) traded 3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Conflux (CFX) traded up 4.7% against the dollar and now trades at $0.23 or 0.00000325 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 147,265,821 coins. 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. 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.

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 buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView