Ethereum Classic (ETC) Reaches Market Cap of $2.86 Billion

Ethereum Classic (ETC) traded down 0% against the U.S. dollar during the 1 day period ending at 9:00 AM Eastern on March 2nd. Ethereum Classic has a market capitalization of $2.86 billion and approximately $105.26 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be purchased for $18.93 or 0.00022234 BTC on popular exchanges. In the last week, Ethereum Classic has traded 8.4% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $85,120.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.9% against the dollar and now trades at $0.20 or 0.00000238 BTC.
• Litecoin (LTC) traded down 4.6% against the dollar and now trades at $119.25 or 0.00140092 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $9.75 or 0.00011453 BTC.
• Bitcoin Cash (BCH) traded 2.8% higher against the dollar and now trades at $317.23 or 0.00372690 BTC.
• Monero (XMR) traded 3.3% higher against the dollar and now trades at $224.74 or 0.00264032 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded up 3.5% against the dollar and now trades at $0.21 or 0.00000241 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $34.43 or 0.00040447 BTC.
• Zcash (ZEC) traded up 9.2% against the dollar and now trades at $40.14 or 0.00047158 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 150,957,780 coins. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. Ethereum Classic’s official message board is ethereumclassic.org/news. The official website for Ethereum Classic is ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible 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 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView