Ethereum Classic (ETC) Hits Market Cap of $2.77 Billion

Ethereum Classic (ETC) traded up 0.7% against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on October 28th. Ethereum Classic has a market capitalization of $2.77 billion and approximately $86.78 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Classic has traded down 4.4% against the U.S. dollar. One Ethereum Classic coin can now be purchased for $18.53 or 0.00027014 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $68,604.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.6% against the dollar and now trades at $0.15 or 0.00000217 BTC.
• Bitcoin Cash (BCH) traded 2.9% higher against the dollar and now trades at $361.60 or 0.00527084 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $6.04 or 0.00008810 BTC.
• Litecoin (LTC) traded down 0.8% against the dollar and now trades at $70.13 or 0.00102223 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $160.46 or 0.00233890 BTC.
• Arweave (AR) traded down 3.4% against the dollar and now trades at $15.58 or 0.00022706 BTC.
• Bitcoin SV (BSV) traded 7.5% higher against the dollar and now trades at $49.48 or 0.00072127 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 3.5% higher against the dollar and now trades at $0.0000 or 0.00000000 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 149,320,986 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. Ethereum Classic’s official message board is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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.”

Buying and Selling Ethereum Classic

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView