Ethereum Classic Market Capitalization Achieves $7.25 Billion (ETC) Posted by Frank Smitson on May 21st, 2021
Ethereum Classic (CURRENCY:ETC) traded 17.4% lower against the US dollar during the 1 day period ending at 22:00 PM ET on May 21st.One Ethereum Classic coin can currently be bought for $62.37 or 0.00164090 BTC on major exchanges.Ethereum Classic has a total market capitalization of $7.25 billion and approximately $7.85 billion worth of Ethereum Classic was traded on exchanges in the last day.In the last seven days, Ethereum Classic has traded 43.5% lower against the US dollar.
Here is how other cryptocurrencies have performed in the last day: Get Ethereum Classic alerts: Ethereum (ETH) traded down 14.7% against the dollar and now trades at $2,468.65 or 0.06494910 BTC.Super Zero Protocol (SERO) traded 5.5% lower against the dollar and now trades at $0.22 or 0.574 BTC.Callisto Network (CLO) traded 7.4% lower against the dollar and now trades at $0.0120 or 0.
32 BTC.Etho Protocol (ETHO) traded 10.4% lower against the dollar and now trades at $0.14 or 0.369 BTC.Ether Zero (ETZ) traded down 11.2% against the dollar and now trades at $0.0039 or 0.10 BTC.Ellaism (ELLA) traded 28.1% higher against the dollar and now trades at $0.0027 or 0.7 BTC.
Bitcoiin (B2G) traded 8.5% lower against the dollar and now trades at $0.0011 or 0.3 BTC.
Elementrem (ELE) traded up 1.4% against the dollar and now trades at $0.0010 or 0.6 BTC.Akroma (AKA) traded 8.5% lower against the dollar and now trades at $0.0004 or 0.1 BTC.Money Plant Token (MPT) traded down 5.2% against the dollar and now trades at $0.0008 or 0.
2 BTC.
About Ethereum Classic Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the Ethash hashing algorithm.Its genesis date was July 30th, 2015.Ethereum Classic’s total supply is 116,313,299 coins.
Ethereum Classic’s official website is ethereumclassic.org .The Reddit community for Ethereum Classic is /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 forum.ethereumclassic.org .
According to CryptoCompare, “Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds.
It started trading on Poloniex and is getting more and more traction.The Ethereum Classic mission statement is: “We believe in decentralized, censorship-resistant, permissionless blockchains.We believe in the original vision of Ethereum as a world computer you can’t shut down, running irreversible smart contracts.We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests.
We believe in censorship-resistant platform that can be actually trusted – by anyone.” Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/ In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb.Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic.“
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 acquire Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S.dollars such as Gemini, Coinbase or Changelly.Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.Receive News & Updates for Ethereum Classic Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Ethereum Classic and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter ..
