Ethereum Classic (ETC) Reaches 24-Hour Volume of $266.04 Million

Ethereum Classic (ETC) traded down 0.6% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on January 9th. One Ethereum Classic coin can now be purchased for about $25.25 or 0.00026928 BTC on cryptocurrency exchanges. During the last seven days, Ethereum Classic has traded down 5.3% against the U.S. dollar. Ethereum Classic has a market cap of $3.79 billion and approximately $266.04 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $93,760.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000352 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $428.52 or 0.00457035 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $9.03 or 0.00009627 BTC.
• Litecoin (LTC) traded up 2.5% against the dollar and now trades at $104.53 or 0.00111485 BTC.
• Monero (XMR) traded 1.5% lower against the dollar and now trades at $195.15 or 0.00208133 BTC.
• IOTA (MIOTA) traded 3.9% lower against the dollar and now trades at $0.31 or 0.00000330 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $52.64 or 0.00056139 BTC.
• Arweave (AR) traded 1.8% lower against the dollar and now trades at $15.64 or 0.00016682 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ethereum Classic Coin Profile

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 150,283,345 coins. Ethereum Classic’s official website is ethereumclassic.org. 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 Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official message board is ethereumclassic.org/news.

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 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView