Ethereum Classic (ETC)

Rank #16
$8.51 (-0.35%)
0.0008950  BTC
$947,898,177
Market Cap
111,364,062 ETC
Circulating Supply
Prev Open Volume 1 Day Range
$8.54 $8.51 $622,585,148 $8.51 - $8.51

Ethereum Classic ETC Price Chart

Ethereum Classic price for today is $8.51. It has a current circulating supply of 111,364,062 ETC and a total volume exchanged of $622,585,148.

Tech Info

Algorithm Ethash
Proof type PoW
Is mineable +
Total supply 101,119,929 ETC
Launch date Jul 2016

Market Info

Price $8.51
Volume 24h $622,585,148
Change 24h -0.35%
Change 7d -0.01%
Change month 13.49%

Description

Ethereum Classic (ETC) is a cryptocurrency and a blockchain platform for smart contracts and decentralized applications. It is a fork of cryptocurrency Ethereum (ETH) that offers very similar functionality.

In June 2016 Ethereum’s Digital Autonomous Organization (which is, roughly speaking, a decentralized hedge fund for investing into dApps) was hacked, and more than $50 million worth of crypto assets got stolen. As a result, the price of ETH started going down as well as the trust of users in the cryptocurrency. Therefore, the majority of the Ethereum community voted in favor of a hard fork to return all the stolen funds to the investors. Though some members of the community considered such fork unacceptable according to the philosophy “Code is a law.” They stood on a principle that all the changes on a blockchain should be immutable in a decentralized economy. They continued on the pre-hard fork blockchain and called it Ethereum Classic.

At first, two of the protocols were identical to each other. However, in the following two years some changes took place in both of them. Notably, Ethereum moved from Proof Of Work to Proof of Stake algorithm and Ethereum Classic implemented a new monetary policy with a fixed cap on an amount of ETC coins.

As of July 2018, Ethereum Classic ecosystem is much smaller than Ethereum’s. Nevertheless, the crypto token is widely popular among cryptocurrency traders and enthusiasts.

Cryptocurrency Symbol Ethereum Classic Price Market cap Volume 24h
Ethereum Classic ETC $8.51 $947,898,177 $622,585,148

Parent Project

Ethereum Classic (ETC)

Rank #16
$8.51 (-0.35%)
0.0008950  BTC

Ethereum Classic Social Activity

Convert ETC to USD

Check the conversion below and see how the rate has moved over the last 30 days

Amount
From
To

Your currency converted at the REAL rate

The mid-market rate at 00:01 UTC is

1 ETC → 8.51 USD

(1 USD → 0.1175 ETC)

Crocosource currency pair converter allows you to see both rate and historical price chart between Ethereum Classic and US Dollar. You can revert it to see . The historical price is mid-market value parsed from most popular cryptocurrency exchanges

Ethereum Classic US Dollar
1 ETC 8.51 USD
5 ETC 42.56 USD
10 ETC 85.12 USD
20 ETC 170.23 USD
50 ETC 425.59 USD
100 ETC 851.17 USD
250 ETC 2127.93 USD
500 ETC 4255.85 USD
1000 ETC 8511.71 USD
2000 ETC 17023.41 USD
5000 ETC 42558.53 USD
10000 ETC 85117.06 USD
US Dollar Ethereum Classic
1 USD 0.1175 ETC
5 USD 0.5874 ETC
10 USD 1.17 ETC
20 USD 2.35 ETC
50 USD 5.87 ETC
100 USD 11.75 ETC
250 USD 29.37 ETC
500 USD 58.74 ETC
1000 USD 117.49 ETC
2000 USD 234.97 ETC
5000 USD 587.43 ETC
10000 USD 1174.85 ETC