Ethereum Classic Reaches Market Cap of $6.06 Billion (ETC)
Ethereum Classic (CURRENCY:ETC) traded 11.3% lower against the US dollar during the 1-day period ending at 19:00 PM E.T.on May 23rd.In the last seven days, Ethereum Classic has traded down 44.6% against the US dollar.One Ethereum Classic coin can now be purchased for about $52.11 or 0.00149482 BTC on popular cryptocurrency exchanges.Ethereum Classic has a total market cap of $6.06 billion and approximately $6.82 billion worth of Ethereum Classic was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed in the last 24 hours: Get Ethereum Classic alerts: Ethereum (ETH) traded down 8.2% against the dollar and now trades at $2,115.98 or 0.06069703 BTC.
Super Zero Protocol (SERO) traded 8.4% lower against the dollar and now trades at $0.18 or 0.526 BTC.Callisto Network (CLO) traded down 7.7% against the dollar and now trades at $0.0117 or 0.34 BTC.Etho Protocol (ETHO) traded 19.6% lower against the dollar and now trades at $0.0963 or 0.
276 BTC.Ether Zero (ETZ) traded 16.6% lower against the dollar and now trades at $0.0032 or 0.
9 BTC.Ellaism (ELLA) traded 22.5% lower against the dollar and now trades at $0.0017 or 0.5 BTC.Bitcoiin (B2G) traded 7% lower against the dollar and now trades at $0.0010 or 0.3 BTC.Elementrem (ELE) traded 1.4% higher against the dollar and now trades at $0.0010 or 0.
6 BTC.Akroma (AKA) traded down 7% against the dollar and now trades at $0.0003 or 0.1 BTC.Money Plant Token (MPT) traded down 2.5% against the dollar and now trades at $0.0007 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 message board is forum.ethereumclassic.org .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 /r/EthereumClassic and the currency’s Github account can be viewed here .
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.
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Buying and Selling Ethereum Classic
It is usually not currently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars.Investors seeking to trade Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase , Changelly or GDAX.Investors can then use their newly-acquired Bitcoin or Ethereum to buy 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 ..
