Ethereum Classic (ETC) experienced a slight decline of 0.6% against the U.S. dollar during the 24-hour period concluding at 8:00 AM ET on December 27th. As of this time, one Ethereum Classic coin is valued at approximately $11.82 or 0.00013530 BTC on major exchanges. Over the past week, ETC has decreased by 4.5% against the dollar.
The current market capitalization for Ethereum Classic stands at an impressive $1.83 billion, with trading volume reaching $53.97 million within the last day across various exchanges. This performance reflects ongoing interest and activity within the cryptocurrency market, despite the minor price fluctuations.
Ethereum Classic operates as a proof-of-work (PoW) cryptocurrency utilizing the EtcHash hashing algorithm. The coin made its debut on July 30th, 2015, and has a total supply capped at 210,700,000 coins, of which 154,884,653 are currently in circulation.
For those interested in more updates, the official Ethereum Classic message board can be found at ethereumclassic.org/news. Additionally, updates are available on their official Twitter account @eth_classic, and their Facebook page here. The community on Reddit is also active at reddit.com/r/ethereumclassic, and their code repository is accessible via Github.
For potential investors looking to acquire Ethereum Classic, direct purchases using U.S. dollars are generally not feasible. Instead, it is advisable to first purchase either Ethereum or Bitcoin through exchanges that accept U.S. dollars, such as GDAX, Gemini, or Changelly. Once these assets are secured, they can be utilized to buy Ethereum Classic on the aforementioned exchanges.
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