Ethereum Classic Price Hits $22.21 (ETC)

Ethereum Classic (ETC) traded 3.2% lower against the US dollar during the twenty-four hour period ending at 16:00 PM Eastern on July 30th. Ethereum Classic has a total market cap of $3.29 billion and approximately $112.21 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be bought for $22.21 or 0.00033657 BTC on popular exchanges. Over the last seven days, Ethereum Classic has traded down 7.8% against the US dollar.

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

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $66,017.17 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $432.79 or 0.00655793 BTC.
• Litecoin (LTC) traded 3.1% lower against the dollar and now trades at $71.88 or 0.00108926 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.67 or 0.00008588 BTC.
• Monero (XMR) traded down 3.7% against the dollar and now trades at $156.92 or 0.00237782 BTC.
• Arweave (AR) traded down 6.9% against the dollar and now trades at $29.04 or 0.00044004 BTC.
• Bitcoin SV (BSV) traded 1.2% lower against the dollar and now trades at $51.34 or 0.00077787 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded down 3.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (ETC) 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 148,130,797 coins. 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. 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.”

Ethereum Classic Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView