What currency is Ethereum Classic? Ethereum Classic total circulation and introduction to online exchanges

Ethereum Classic (ETC) is a cryptocurrency based on the original Ethereum blockchain. It was created after the hard fork in 2016 and aims to preserve the original Ethereum blockchain state; there is no preset limit on the total issuance, and it is issued annually The upper limit of the amount is 21,250,000 pieces, and the current circulating supply is about 137 million pieces; the difference between Ethereum Classic and Ethereum lies in the blockchain version, hard fork purpose, community and application ecosystem, etc.

What currency is Ethereum Classic?

Ethereum Classic (ETC) is a cryptocurrency based on the original Ethereum blockchain. It was created after the 2016 Ethereum hard fork and aims to preserve the state of the original Ethereum blockchain network.

Total circulation of Ethereum Classic

Ethereum Classic has no preset circulation limit, but its annual circulation cap is 21,250,000 ETC. The current circulating supply is approximately 137 million coins.

Online exchanges

Ethereum Classic is widely listed on major cryptocurrency exchanges, including:

• Binance
• Coinbase
• Huobi Global
• Kraken
• OKX

The difference between Ethereum Classic and Ethereum

Although Ethereum Classic and Ethereum share the same historical origins, there are some key differences due to the hard fork:

• Blockchain version: Ethereum Classic remains A version of the original Ethereum blockchain, while Ethereum has been upgraded to a newer version.
• Hard fork purpose: Ethereum Classic’s hard fork is to reverse hacker attacks in the Ethereum blockchain, while Ethereum’s hard fork is to introduce new technical improvements .
• Community: The Ethereum Classic and Ethereum communities are developed separately, each with its own goals and vision.
• App Ecosystem: The ecosystem of decentralized applications based on Ethereum Classic is smaller, compared to the one based on Ethereum.

Ethereum Classic Latest Price Update

Ethereum Classic (ETC) current price is $18.23 with 24-hour trading volume of $83.18 million. ETC price increased by 3.27% in the past 24 hours.

Price Change Factors

There could be several reasons for the ETC price increase, including:

• General bullish sentiment towards the cryptocurrency market
• Increased demand for smart contracts and decentralized applications (dapps)
• Continuous development and upgrade of the ETC blockchain

Future price analysis

In the short term, ETC price is expected to continue its upward momentum. Factors supporting this prediction include:

• Positive market sentiment
• Continued interest in the ETC blockchain
• Potential partnerships and use cases

Investor Advice

It is very important for investors to carefully study and consider the following matters before investing in ETC:

• Cryptocurrency Market Volatility
• ETC Blockchain Development and Adoption
• Potential Regulatory Changes

Indicators

• Current price: $18.23
• 24-hour trading volume: $83.18 million
• Price change (24 hours): +3.27%
• Floating volume: 1.48 100 million pieces
• Market value: 2.709 billion US dollars

Short-term trend forecast

It is expected that the price of ETC will continue to rise in the short term, but следует учитывать potential volatility.

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