Ethereum Classic Hits 24 Hour Trading Volume of $72.84 Million (ETC)

by · The Markets Daily

Ethereum Classic (ETC) traded down 0.5% against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on October 26th. One Ethereum Classic coin can currently be purchased for about $18.15 or 0.00027104 BTC on popular exchanges. Over the last seven days, Ethereum Classic has traded 8.1% lower against the US dollar. Ethereum Classic has a market cap of $2.71 billion and approximately $72.84 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $66,972.23 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 4.3% against the dollar and now trades at $0.14 or 0.00000206 BTC.
  • Bitcoin Cash (BCH) traded down 0.6% against the dollar and now trades at $348.47 or 0.00520314 BTC.
  • UNUS SED LEO (LEO) traded up 1.6% against the dollar and now trades at $6.09 or 0.00009090 BTC.
  • Litecoin (LTC) traded 0.8% lower against the dollar and now trades at $68.21 or 0.00101848 BTC.
  • Monero (XMR) traded 2.2% higher against the dollar and now trades at $161.30 or 0.00240848 BTC.
  • Arweave (AR) traded up 1.1% against the dollar and now trades at $16.00 or 0.00023883 BTC.
  • Bitcoin SV (BSV) traded 0.7% higher against the dollar and now trades at $45.37 or 0.00067750 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • eCash (XEC) traded up 0.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Ethereum Classic

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 149,300,530 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. 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.

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 currently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView