Ethereum Classic (ETC)

Rank #13
$12.38 (-6.93%)
0.001960  BTC
$1,287,175,025
Market Cap
103,939,671 ETC
Circulating Supply
Prev Open Volume 1 Day Range
$13.31 $12.56 $231,784,597 $12.30 - $12.59

Ethereum Classic ETC Price Chart

Ethereum Classic price for today is $12.38. It has a current circulating supply of 103,939,671 ETC and a total volume exchanged of $231,784,597.

Tech Info

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

Market Info

Price $12.38
Volume 24h $231,784,597
Change 24h -6.93%
Change 7d 11.56%
Change month -24.44%

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 $12.38 $1,287,175,025 $231,784,597

Parent Project

Ethereum Classic (ETC)

Rank #13
$12.38 (-6.93%)
0.001960  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 04:57 UTC is

1 ETC → 12.38 USD

(1 USD → 0.08075 ETC)

Crosslytics 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 12.38 USD
5 ETC 61.92 USD
10 ETC 123.84 USD
20 ETC 247.68 USD
50 ETC 619.19 USD
100 ETC 1238.39 USD
250 ETC 3095.97 USD
500 ETC 6191.93 USD
1000 ETC 12383.87 USD
2000 ETC 24767.73 USD
5000 ETC 61919.34 USD
10000 ETC 123838.67 USD
US Dollar Ethereum Classic
1 USD 0.08075 ETC
5 USD 0.4038 ETC
10 USD 0.8075 ETC
20 USD 1.62 ETC
50 USD 4.04 ETC
100 USD 8.08 ETC
250 USD 20.19 ETC
500 USD 40.38 ETC
1000 USD 80.75 ETC
2000 USD 161.50 ETC
5000 USD 403.75 ETC
10000 USD 807.50 ETC