ZClassic Hits Market Capitalization of $2.24 Million (ZCL)

ZClassic (ZCL) traded 7.3% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on December 27th. ZClassic has a total market cap of $2.24 million and approximately $63.42 worth of ZClassic was traded on exchanges in the last day. During the last week, ZClassic has traded down 14% against the U.S. dollar. One ZClassic coin can currently be purchased for $0.24 or 0.00000275 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Zcash (ZEC) traded up 17.2% against the dollar and now trades at $517.76 or 0.00591685 BTC.
• Horizen (ZEN) traded 12.9% higher against the dollar and now trades at $8.92 or 0.00010195 BTC.
• Pirate Chain (ARRR) traded 0.3% higher against the dollar and now trades at $0.27 or 0.00000307 BTC.
• Bitcoin Gold (BTG) traded 0% lower against the dollar and now trades at $0.54 or 0.00000614 BTC.
• Komodo (KMD) traded up 0.6% against the dollar and now trades at $0.0364 or 0.00000042 BTC.

About ZClassic

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

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/”

Buying and Selling ZClassic

It is usually not presently 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, Coinbase or Changelly. 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