1 ETC =$26.51Last updated:
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Best Ethereum Classic (ETC) Prices

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Ethereum Classic (ETC) lending rates

About Ethereum Classic (ETC)

Ethereum Classic (ETC) is a cryptocurrency that operates on a decentralized platform, offering secure and reliable transactions. With a focus on immutability and censorship resistance, Ethereum Classic provides a platform for smart contracts and decentralized applications. The technology behind Ethereum Classic utilizes blockchain technology to ensure transparency and trust in transactions. Users can access the asset's website for more information and updates on the project. The asset's symbol is ETC, and it is known for its resilience and commitment to the principles of the original Ethereum blockchain. Ethereum Classic's whitepaper outlines its vision and principles, emphasizing its commitment to decentralization and security.

How does Ethereum Classic work?

Ethereum Classic (ETC) operates as a decentralized platform that enables peer-to-peer transactions without the need for intermediaries. It is built on blockchain technology, which ensures transparency, security, and immutability of data. ETC uses a proof-of-work consensus mechanism to validate transactions and secure the network, similar to Bitcoin. One of its unique features is the ability to execute smart contracts, which are self-executing contracts with predefined rules and conditions. This allows for automated and trustless agreements between parties. Ethereum Classic can be used for a variety of applications, including decentralized finance (DeFi), supply chain management, voting systems, and more. Its decentralized nature and versatile functionalities distinguish it from traditional financial systems, offering a more efficient and transparent way to conduct transactions and execute agreements across various industries and platforms.

How to keep your Ethereum Classic (ETC) safe?

To keep your Ethereum Classic (ETC) safe, consider using hardware wallets like Ledger for enhanced security. These wallets store your private keys offline, making them less vulnerable to hacking. Additionally, trusted platforms like Coinbase, OKX, and Kraken offer secure storage options for your ETC, with features like two-factor authentication and cold storage. By utilizing these tools and platforms, you can better protect your ETC from potential threats and ensure its safety.


Sentiment about Ethereum Classic (ETC)

Ethereum Classic (ETC) is currently priced at $23.89, with a market cap of $3,501,224,308.45 and a circulating supply of 146,534,445.28 ETC. The asset has seen a significant 18.04% decrease in price over the past 24 hours and a 27.71% decrease over the past 7 days. The social sentiment surrounding ETC is notably bullish, with a sentiment_absolute score of 48.50%, indicating a positive outlook among social media users.

The asset ranks 27th in terms of market cap and 172nd in the alt rank, showcasing its position relative to other supported assets. The social impact score for ETC is strong, indicating a positive correlation between social metrics and price trends. With a galaxy_score of 48.5, ETC shows promise in terms of technical indicators, social sentiment, and price correlation. Despite recent price declines, the bullish social sentiment suggests potential for a turnaround in market sentiment for Ethereum Classic.

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Ethereum Classic Buying Guide

Frequently asked questions about Ethereum Classic (ETC)