ZClassic (ZCL) Market Capitalization Tops $1.52 Million

ZClassic (ZCL) traded down 7.3% against the US dollar during the 24 hour period ending at 11:00 AM ET on June 25th. One ZClassic coin can now be purchased for approximately $0.16 or 0.00000277 BTC on exchanges. Over the last seven days, ZClassic has traded 3.6% lower against the US dollar. ZClassic has a market cap of $1.52 million and approximately $741.84 worth of ZClassic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Zcash (ZEC) traded down 3.6% against the dollar and now trades at $395.38 or 0.00669888 BTC.
• Horizen (ZEN) traded down 4.7% against the dollar and now trades at $4.00 or 0.00006771 BTC.
• Pirate Chain (ARRR) traded 4.4% higher against the dollar and now trades at $0.26 or 0.00000442 BTC.
• Bitcoin Gold (BTG) traded down 22.6% against the dollar and now trades at $0.24 or 0.00000406 BTC.
• Komodo (KMD) traded up 81% against the dollar and now trades at $0.0131 or 0.00000022 BTC.

ZClassic Profile

ZCL is a proof-of-work (PoW) coin that uses the Equihash hashing algorithm. It launched on November 6th, 2016. ZClassic’s total supply is 9,287,024 coins. ZClassic’s official Twitter account is @zclassiccoin and its Facebook page is accessible here. The Reddit community for ZClassic is https://reddit.com/r/zclassic and the currency’s Github account can be viewed here. The official website for ZClassic is zclassic.org. The official message board for ZClassic is t.me/zclassicce_announcement.

According to CryptoCompare, “ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder’s reward. This founder’s reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder’s reward ZClassic wants to make mining fair for everyone involved. Block explorer data from https://classic.zcha.in/Telegram, Discord, BitcoinTalk, RedditWhitepaper”

Buying and Selling ZClassic

It is usually not currently possible to buy alternative cryptocurrencies such as ZClassic directly using US dollars. Investors seeking to acquire ZClassic should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ZClassic using one of the aforementioned exchanges.

ZCL/USD price chart by TradingView