Ethereum Classic Price Today (Official) | Live ETC Price Chart in USD | CryptoRank.io
Currencies
13419
Market Cap
$ 1.73T
+1.38%
24h Spot Volume
$ 57.45B
-30.8%
BTC Dominance
38.69%
-1.23%
ETH Gas
101 Gwei

Ethereum Classic [ETC]

 
On 261 watchlists
Rank: 40
Coin
USD 24.20
2.85
BTC 0.000683
2.47
ETH 0.0099
2.57

A decentralized platform that runs smart contracts, created in 2016, when Ethereum underwent a ‘hard fork’.

Ethereum Classic Market Cap

$ 3,205,466,002 
Ƀ 90,487
FDMC: $ 5,098,247,985 
ATH: $ 22,185,644,720 

24h Trade Volume

$ 194,431,248 
Ƀ 5,489
ETC 8,035,440

Supply

Circulating:
ETC 132,475,252(62.87%)
Total:
ETC 210,700,000
Max:
ETC 210,700,000

All-Time-High (ATH) Price

$ 167 (06 May 2021)
Ƀ 0.00986 (18 Jun 2017)
ETH 0.413 (02 Aug 2016)
From ATH: -85.6%
To ATH: +592.1%

Ethereum Classic's current price is $ 24.20, it has increased +2.85% over the past 24 hours.

Ethereum Classic's All Time High (ATH) of $ 167 was reached on 6 May 2021, and is currently -85.6% down.

The maximum supply of Ethereum Classic that will ever be issued is 210.70 Millions coins, and the current supply of ETC in circulation is 132.48 Millions coins.

Ethereum Classic’s 24 hour trading volume is $ 194.43 Millions.

Ethereum Classic (ETC) operates on its own blockchain and can be minted.

Ethereum Classic's current share of the entire cryptocurrency market is 0.18%, with a market capitalization of $ 3.21 Billions.

You can find more details about Ethereum Classic on its official website and on the block explorer.

Ethereum Classic Live Chart

Ethereum Classic price Index provides the latest ETC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Ethereum Classic to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

ETC to USD Converter

ETC

Ethereum Classic Quarterly Returns ($)

YearQ1Q2Q3Q4
2022-26.2%
2021+147.4%+306.1%-18.2%-30.4%
2020+10.4%+16%-5.75%+5.71%
2019-5.28%+60.6%-39.5%-4.5%
2018-48.8%+12.2%-30.3%-54.6%
2017+100.2%+571.4%-30.8%+115.7%
2016+66.9%+12.4%

Ethereum Classic Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022
2021$ 14.14$ 57.59$ 46.81$ 32.70
2020$ 4.95$ 5.74$ 5.40$ 5.71
2019$ 4.84$ 7.78$ 4.70$ 4.49
2018$ 14.37$ 16.16$ 11.28$ 5.11
2017$ 2.83$ 18.92$ 12.98$ 28.00
2016$ 1.26$ 1.41

Ethereum Classic Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-26.2%
2021+29.5%+39.3%+36.2%+156.5%+93.5%-17.7%-10.8%+25.3%-26.3%+13.6%-10.4%-31.7%
2020+151.3%-34.7%-32.8%+30.5%+7%-17.3%+29.1%-11.1%-18%-2.55%+27.8%-14.9%
2019-19.7%+4.3%+13.3%+22.9%+45.5%-10.1%-22.2%+3.66%-25.1%+2.58%-18.3%+14%
2018+2.53%+17.1%-57.3%+50.5%-30%+5.36%+0.11%-21%-11.6%-20.2%-48.8%+10.9%
2017-3.72%-9.03%+128.7%+131.3%+172.4%+7.36%-25.3%+16.8%-20.8%-18.2%+165.9%+0.17%
2016+139.1%-33.9%+5.63%-28.1%-17%+89.1%
Average+22.3%+3.4%+17.6%+78.3%+57.7%-6.49%+18.3%-3.38%-16%-8.82%+16.5%+11.3%
Median-0.6%+4.3%+13.3%+50.5%+45.5%-10.1%-5.33%-3.73%-19.4%-10.4%-13.7%+5.55%

Ethereum Classic USD (ETC - USD) Price Change

PeriodChangeChange (%)HighLow
24H$ 0.670+2.85%$ 25.02$ 22.89
7D-$ 8.21-25.3%$ 34.54$ 21.66
14D-$ 5.44-18.3%$ 34.54$ 21.66
1M-$ 13.68-36.1%$ 38.32$ 21.66
3M-$ 30.35-55.6%$ 63.99$ 21.66
6M-$ 23.64-49.4%$ 76.61$ 21.66
YTD-$ 9.35-27.9%$ 35.81$ 21.66
1Y$ 16.75+224.8%$ 167$ 6.69
3Y$ 19.90+463.1%$ 167$ 3.28

Ethereum Classic Annual Price

YearUSDHighLow
2022-26.2%$ 35.81$ 21.66
2021+472%$ 167$ 5.61
2020+27.4%$ 13.16$ 3.28
2019-12.2%$ 9.71$ 3.40
2018-81.8%$ 46.50$ 3.31
2017+1,882.4%$ 47.77$ 1.12
2016+87.8%$ 3.53$ 0.452

What is Ethereum Classic

Ethereum Classic (ETC) is a decentralized, open-source blockchain platform, as well as a cryptocurrency. It is smart contract compatible and allows developers to build dApps on its network.

It was created in 2016, due to a difference in ideological and technical opinion within the Ethereum community, which came as a result of the infamous DAO attack. The original Ethereum blockchain was split into two with Ethereum Classic being the original and Ethereum being the newer blockchain.

The DAO attack on Ethereum Classic happened in June 2016. Hackers stole $50 million worth of funds and a split was performed as a way to return the stolen funds to their original owners. This resulted in a fork leading to the two versions co-existing. The newer network, or Ethereum, uses ETH or ether as its cryptocurrency while the older one, renamed Ethereum Classic, uses ETC.

What are ETC key features and how does it work?

Ethereum Classic and Ethereum remain similar in terms of their basic functionalities. For example, developers can make use of the open-source code to develop and run decentralized applications and ERC-20 tokens can also be created for use on such applications.

However, Ethereum Classic differs significantly as it is incompatible with any ETH update. It cannot access any upgrade or change on the being implemented on Ethereum. This is because the two split as a result of a hard fork, and, by definition, a hard fork is a backward-incompatible update. Since a new set of rules is implemented meaning that the new chain, and its users (nodes), are, in effect, cut off from the original chain. 

As such, Ethereum Classic’s existence can be considered in part ideological, and as in way as a historical record of the Ethereum network.

What can Ethereum Classic be used for?

The network faces issues with security, in part from its previous history and associated reputation. As such, these concerns over security could potentially prevent developers from deploying smart contracts via Ethereum Classic in major financial and real estate transactions or projects.

Another main concern of Ethereum Classic lies with its drawbacks in terms of scalability. On average, the network can manage 15 transactions per second, far less than centralized payment networks, such as Visa, or even other decentralized blockchain networks. Although Ethereum Classic has had software upgrades, its payment system scalability remains to be one of its most challenging struggles going forward, thus, its use cases remain limited.

Essentially, ETC can be used by Ethereum Classic users to pay the gas price for conducting transactions on the network. 

Where can you buy ETC?

Ethereum Classic can be bought on the most popular CEXs and DEXs as listed here.

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