BlogEthereum Classic price: ETC to USD chart - Growup Group

By the end of 2019, ETC price had been through numerous changes caused in part by high volatility, trading between $8 and $3. It didn’t manage to regain $9 during that period and mostly traded at the lower end of $3 to $4. Yes, since Ethereum Classic is a Proof-of-Work blockchain, you can mine ETC coins using computers and specialized hardware including GPUs. The current Market Cap ranking of ETC is #26, with a live market cap of $2,759,560,499.49 USD. Deposit crypto to our exchange and trade with deep liquidity and low fees.

Before you begin trading with OKX, you need to create an account. To buy ETC with your preferred fiat, click “Buy with card” under “Buy Crypto” on the top navigation bar. To trade ETC/USDT, ETC/USDC, ETC/BTC, ETC/ETH, or ETC/OKB, click “Basic Trading” under “Trade.” Under the same tab, click “Convert” to convert crypto to ETC. Unlike Ethereum, which does not have a supply limit, ETC supply is limited to 210.7 million tokens. This is because ETC has adopted a deflationary approach where the scarcity of tokens over time is expected to drive up ETC prices.

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Such an upbeat mood not only sends the price of market leaders higher but increases investor confidence in buying altcoins such as ETC. A few minutes after your trade goes through successfully, your trading account will be funded with the new Ethereum Classic coins you have purchased. You can choose to hold them on KuCoin, or you can transfer them to your external wallet for additional security. You can also use your existing cryptocurrencies to buy ETC on the KuCoin exchange.

The Ethereum Classic’s market is also EVM-compatible, which means that dApps designed for Ethereum can also be deployed on this network. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. If you want to buy, sell, or trade Ethereum Classic you can do so on Binance Futures, Upbit, CoinBene, Latoken, DigiFinex, and Binance.

What is Ethereum Classic’s maximum supply?

Like ethereum classic chart, Ethereum Classic makes it possible to issue ERC-20 standard tokens. Ethereum Classic, however, is incompatible with updates to the Ethereum network, such as the Ethereum Merge. Q Cryptocurrency Report Altchain narratives are still going strong while the entire market undergoes a correction in light of growing macroeconomic woes.

Head to the KuCoin Exchange for 24/7 live updates of ETC/USD prices and the ability to buy/sell crypto quickly. Ethereum Classic has a fixed maximum supply of 210.7 million coins and a circulating MATIC supply of over 135 million as of June 2022. On the other hand, Ethereum’s ETH has a total supply of over 121 million at the time of writing. Also known as Ether, ETC is mined to generate rewards for nodes within the network that validate transactions in the blockchain.

Ethereum Classic PRICE USD CHART

Because The DAO accounted for so much of the total Ethereum in circulation in 2016, there was a split in the community about how to fix the problem. One camp believed that it was necessary to wipe off the attack from Ethereum’s history by reverting the chain so that they could maintain the network’s long-term viability. However, the opposing side argued that doing so was not in line with the ethos of cryptography and thus refused to support a ledger rewrite. Ultimately, the Ethereum developers decided to create Ethereum Classic as a hard fork from Ethereum in July 2016.

• Interactive Charts can dock a Drawing Tools Panel to the left side of the chart, making it easier for you to access and add chart annotations.
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To reset a chart that’s been zoomed, double-click on the time scale or the price scale . You may set a custom date range for a specific aggregation by clicking the Calendar icon. First, choose whether you want to see Intraday, Daily, Weekly, Monthly, or Quarterly, then choose “Date” from the period drop-down list. If you are not logged into the site, or have not set up a default Chart Template , the default chart presented is a 6-Month Daily chart using OHLC bars.

The calculated results are displayed using the bar type you choose for the expression. Additionally, an expression can be added to the main chart window, or as a new pane on the chart (you’ll choose the placement when you create the expression). When adding a study, you are prompted for the study parameters, and can change the color and thickness of the study plot before adding it to the chart. You may also identify the pane in which the study should be added . A Line Break chart with a Line Count of 3 compares the current closing price to the closing price of the line from 2 period’s ago. Green price bars show that the bulls are in control of both trend and momentum as both the 13-day EMA and MACD-Histogram are rising.

Despite these philosophical differences, Ethereum Classic and Ethereum work similarly. Because of the upgrades, Ethereum Classic’s supply is capped at 210.7 million and its block reward declines by 20 percent every 5 million blocks, or roughly every two and a half years. Needs to review the security of your connection before proceeding.

Ethereumclassic

Senhttps://www.beaxy.com/nt analysis measures opinion data and categorizes it as positive, negative, or neutral. This technique studies the overall sentiment in the market, revealing how investors and traders feel about certain crypto. Sentiment can also affect the price of ETC and other cryptocurrencies.

World currency prices are based on rates obtained via Open Exchange Rates. The current price of Ethereum Classic is –, with a 24-hour trading volume of –. In the last 24 hours, the price of Ethereum Classic decreased by 3.56%.

ETC is used as a peer-to-peer payment token and to secure the Ethereum Classic blockchain. This is a statistical representation of the maximum market cap, assuming the maximum number of 210 Million ETC tokens are in circulation today. Depending on how the emission schedule of ETC tokens are designed, it might take multiple years before FDV is realized. Market cap is measured by multiplying token price with the circulating supply of ETC tokens .

The Heikin-Ashi is plotted as a candlestick chart, where the down days are represented by filled bars, while the up days are represented by hollow bars. Chart panning is used to drag the data shown on the chart backwards and forwards in time. Chart panning is used when you want to see older data than what is initially shown on the chart.

Unlike most cryptocurrencies, ETC did not emerge via a public sale or other means of crypto funding like an ICO. Instead, it was created due to a changing Ethereum landscape that birthed two independent blockchains. After the hard fork, the old Ethereum chain was supposed to be phased out but instead, those who disagreed with the fork kept the network alive. This led to the genesis of Ethereum Classic, with ETC as its native token.