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Ethereum Classic

Ethereum Classic ETC

Coin
Ethereum Classic Price (ETC)
$27.45
2.07% Buy ETC

0.0207 ETH

0.0014 BTC

Low: $27.24
High: $28.21
24h
Market Cap
$3,767,849,175
2.07%
Fully Diluted Market Cap
$5,782,965,648
2.07%
Volume
24h
$355,546,382
24.08%
Volume / Market Cap
0.0944
Circulating Supply
137,256,474 ETC
100.00%
Max Supply
210,700,000
Total Supply
210,700,000
Ethereum Classic ETC
Price: $27.45
2.07% Buy ETC
Ethereum Classic (ETC) Social Signals & Traffic Tracker
Ethereum Classic twitter
Twitter Stats
@eth_classic

Followers

671,696

0.08%

Following

557

0.18%

Tweet count

8,350

0.00%

Joined at Jul 30, 2016
Ethereum Classic reddit
Reddit Stats
r/EthereumClassic

Subscribers

65,460

0.03%

Subreddit type

public

Moderators

14

0.00%

Joined at Jul 15, 2016
Ethereum Classic telegram
Telegram Stats

Currently, official Ethereum Classic Telegram account doesn’t exist or wasn’t submitted. 🔆

Ethereum Classic traffic
Website Traffic
ethereumclassic.org

Website Rating (DR)

73 / 100

0.00%

Ahrefs Rank

59,107

0.63%

Organic Traffic (mo.)

61,913

12.84%

Ethereum Classic github
GitHub Organization
ethereumclassic

Public repos

23

Type

Organization

Created at Jul 15, 2016
Ethereum Classic github
GitHub Repository

Currently, official Ethereum Classic GitHub account doesn’t exist or wasn’t submitted. 🔆

Keep the original censorship-resistant Ethereum going!

Keep the original censorship-resistant Ethereum going!

Ethereum Classic Price statistics

Ethereum Classic Price
$27.45
Price change 24h
-$0.5682
2.07%
24h Low / 24h High
$27.24 /
$28.21
All Time High
May 06, 2021 (1 year 5 months ago)
$176.16
84.42%
All Time Low
Jul 25, 2016 (6 years 2 months ago)
$0.4524
5,967.28%
Trading Volume 24h
$355,546,382
24.08%
Volume / Market Cap
0.0944
Market Dominance
0.38%
Market Rank
#23
Market Cap
$3,767,849,175
2.07%
Fully Diluted Market Cap
$5,782,965,648
2.07%

Live ETC Price Analysis

The current real time Ethereum Classic price is $27.45, and its trading volume is $355,546,381.77 in the last 24 hours. ETC price has plummeted by 2.07% in the last day, and decreased by 1.93% in the last 7 days. It’s important to note that current Ethereum Classic market capitalization is $3,767,849,175.45, and the maximum supply is 210,700,000 ETC coins. Talking about circulating supply, ETC has 137,256,474 coins. Currently, Ethereum Classic rank on the market is #23.

Ethereum Classic price today is 84.42% below all time high, and it is 5,967.28% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ETC are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Ethereum Classic (ETC)?

ETC is the native coin of the Ethereum Classic blockchain. Ethereum Classic is considered to be among the longest-running smart contract platforms. It was launched in 2015 as the legacy Ethereum blockchain, and split in 2016, following a community dispute.

The Ethereum Classic crypto network is based on the principles of “Code is Law” and “Build Unstoppable Applications”. It aims to maintain complete decentralization and does not alter its protocol. All smart contracts launched on Ethereum Classic run as they are programming, without external interference. The current ETC price can be seen in the graph above.

How Did the Ethereum Classic Hard Fork Occur?

Ethereum Classic is the original open-source Ethereum network that was developed by Vitalik Buterin and Gavin Wood back in 2015. However, the new network that emerged, Ethereum (ETH), is currently the dominant one in the market. ETC and ETH were forked in July 2016.

The precedent for the split was first set a month prior, in June 2016, with The DAO hack. The DAO was the first decentralized autonomous organization in blockchain history, hence the name.

The DAO launched in April 2016. During its creation period, the platform raised 12.7M ETH, which was valued at $150 million at the time. This amounted to roughly 14% of the overall Ether supply. As a decentralized network, The DAO was open-source and made its code available to community contributors.

In June 2016, an anonymous paper was published that revealed a code vulnerability. Before the developers were able to patch the issue, hackers took advantage of it and over several days stole 3.6 million ETH. Although the team was able to recover roughly 70% of the funds, there were debates as to how to recover the remaining sum.

One of the proposals was to revert the blockchain to the timestamp before the hack occurred due to the system delay that prevented the hackers from extracting the funds for a month. However, many community members felt that a backward-compatible hard fork goes against the principles of Code is Law.

The hard fork occurred at block #1920000, on July 20th, 2016, after many community debates and a governance vote. The new network with the reverted hack went on to become ETH, while ETC continued on with the same blockchain history.

Upon the launch of the newly split chain, Ethereum Classic was valued at around $2. The asset has experienced many fluctuations over the years and can be considered volatile. Its value experienced a sudden increase in 2021, with the ETC price exceeding $175 in May.

What Are the Main Features of Ethereum Classic?

The cryptocurrency used by the Ethereum Classic ecosystem is specifically known as Ether. As the original version of Ethereum, for a large part, the ETC crypto network adheres to the initial protocol. However, since the hard fork, certain protocol changes were made regarding its tokenomics.

Unlike ETH, the Ethereum Classic coin supply has a maximum limit that’s capped at 210,700,000 ETC, making the asset deflationary. This means that the Ethereum Classic price is likely to increase as the supply becomes more scarce.

Ethereum Classic is primarily used to deploy new smart contracts. The key principle of the platform is that the smart contracts are not altered or censored in any way after they’re launched to ensure network integrity and adhere to the principles of Code is Law. Users are also able to utilize ETC for crypto transactions.

ETC uses the Proof-of-Work (PoW) consensus mechanism to mine new blocks. Miners receive transaction fees as rewards for their work. The rewards are programmed to progressively decrease over time. However, since the Ethereum Classic price is influenced by the asset being deflationary, the reduced rewards may not strongly impact the value.

How Does Ethereum Classic Differ From Ethereum (ETH)?

The key differences between ETC and ETH lie in the ideology of the two platforms. Proponents of ETC believe that Ethereum abandoned the core principles of Code is Law by initiating the hard fork post-The DAO hack.

The updates that have occurred to the ETH blockchain since the hard fork do not apply to ETC. For example, ETC has not implemented the EIP-1559 upgrade which introduced an automated fee distribution as well as fee burning. Furthermore, while ETH is planning to shift to the Proof-of-Stake (PoS) consensus algorithm, Ethereum Classic will remain PoW.

While the comparatively low Ethereum Classic price may appear more appealing, there are several reasons why investors may prefer ETH. The history of The DAO hack has left the chain with some negative connotations. It has also been subject to various attacks.

Ethereum Classic has historically ranked significantly lower than ETH in terms of market capitalization. The ETC price has generally followed the market trends that were set up by ETH as the second-biggest cryptocurrency in the world.

What's Ethereum Classic trading volume in the last 24 hours?

ETC has a trading volume of $355,546,381.77 in the last 24 hours.

What's Ethereum Classic highest price ever?

ETC has a highest price of $176.16, which was reached on May 06, 2021 (1 year 5 months ago).

What's Ethereum Classic lowest price ever?

ETC has a lowest price of $0.4524, which was reached on Jul 25, 2016 (6 years 2 months ago).

What are the best exchanges for buying and selling ETC?

Currently, the most active and dominating exchanges for buying and selling Ethereum Classic are Binance, Kraken & Kucoin. The most popular Ethereum Classic trading pairs are ETC/USDT (on Binance ), ETC/BUSD (on Binance ), ETC/USD (on Coinbase ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping ETC?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Ethereum Classic. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages related to Ethereum Classic:

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Ethereum Classic project's Circulating Supply has been verified and is equal to:

Circulating Supply

137,256,474 ETC

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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