Ethereum Classic Market Capitalization Achieves $2.85 Billion (ETC)

Ethereum Classic (ETC) traded up 4.2% against the US dollar during the 24-hour period ending at 10:00 AM E.T. on February 26th. One Ethereum Classic coin can now be purchased for approximately $18.86 or 0.00021569 BTC on cryptocurrency exchanges. Ethereum Classic has a total market capitalization of $2.85 billion and $142.65 million worth of Ethereum Classic was traded on exchanges in the last day. During the last seven days, Ethereum Classic has traded 9.2% lower against the US dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0.9% against the dollar and now trades at $87,432.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.7% against the dollar and now trades at $0.21 or 0.00000237 BTC.
• Litecoin (LTC) traded 15.5% higher against the dollar and now trades at $126.64 or 0.00144845 BTC.
• UNUS SED LEO (LEO) traded up 4.1% against the dollar and now trades at $9.24 or 0.00010569 BTC.
• Bitcoin Cash (BCH) traded 5.4% higher against the dollar and now trades at $294.55 or 0.00336887 BTC.
• Monero (XMR) traded 0.6% lower against the dollar and now trades at $217.54 or 0.00248806 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 8.6% higher against the dollar and now trades at $0.20 or 0.00000234 BTC.
• Bitcoin SV (BSV) traded 5.2% higher against the dollar and now trades at $35.16 or 0.00040209 BTC.
• Conflux (CFX) traded up 5.6% against the dollar and now trades at $0.11 or 0.00000131 BTC.

About Ethereum Classic

Ethereum Classic 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 150,905,728 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official website for Ethereum Classic 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. The official message board for Ethereum Classic 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 presently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView