Ethereum Classic Achieves $133.67 Million in 24-Hour Trading Volume (ETC)
Ethereum Classic (ETC) saw a 3.2% increase against the US dollar in the one-day period ending at 12:00 PM ET on July 15th. Over the past week, Ethereum Classic has surged by 15.5% against the US dollar. The cryptocurrency boasts a total market capitalization of $3.42 billion, with approximately $133.67 million worth of Ethereum Classic traded on exchanges in the last 24 hours. Currently, one Ethereum Classic coin can be acquired for about $23.15 or 0.00036621 BTC on various exchanges.
In the last 24 hours, other cryptocurrencies have also shown positive movements. Bitcoin (BTC) rose by 5.4% against the dollar, now trading at $63,219.20 or 1.00000000 BTC. Dogecoin (DOGE) increased by 6.2% and is now priced at $0.12 or 0.00000189 BTC. Bitcoin Cash (BCH) saw a 4.6% surge to $386.66 or 0.00611622 BTC. UNUS SED LEO (LEO) experienced a minor 0.2% increase, trading at $5.85 or 0.00009246 BTC. Litecoin (LTC) rose by 1.7% to $70.62 or 0.00111707 BTC. Monero (XMR) climbed by 0.7% to $158.17 or 0.00250190 BTC. Arweave (AR) saw a 3.9% increase, now trading at $25.48 or 0.00040299 BTC. Bitcoin SV (BSV) surged by 7.4% to $43.86 or 0.00069370 BTC. NyanCoin (NYAN) experienced a 2.2% decrease, trading at $2.40 or 0.00008809 BTC. eCash (XEC) soared by 14.8% to $0.0000 or 0.00000000 BTC.
Ethereum Classic (ETC) is a proof-of-work (PoW) coin utilizing the EtcHash hashing algorithm. Launched on July 30th, 2015, Ethereum Classic has a total supply of 210,700,000 coins and a circulating supply of 147,934,441 coins. The official website for Ethereum Classic can be found at ethereumclassic.org, while its Twitter account is @eth_classic and its Facebook page is accessible at facebook.com/1635903956658310. The official message board and Reddit community for Ethereum Classic are located at ethereumclassic.org/news and reddit.com/r/ethereumclassic, respectively. Additionally, the currency’s Github account can be viewed at github.com/ethereumclassic/ethereumclassic.github.io.
According to CryptoCompare, Ethereum Classic (ETC) is a decentralized blockchain platform that employs proof-of-work consensus for executing and storing smart contracts and dApps. Originating in July 2016, Ethereum Classic was created by developers and users who opposed the Ethereum Foundation’s decision to hard fork the Ethereum blockchain following the “DAO hack.” ETC is utilized for various purposes, including developing dApps and issuing tokens, with a strong emphasis on immutability and censorship-resistance, supported by a global community of users and organizations.
For investors looking to trade Ethereum Classic, it is typically necessary to first acquire Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini, or GDAX. Subsequently, investors can utilize their newly acquired Ethereum or Bitcoin to purchase Ethereum Classic through the aforementioned exchanges.
