How many Ethereum Classic are there in the world? Here are all the details

cryptocurrency market has been surging extensively and one of major reason for that is Elon Musk and his series of tweets. Right now, market is still peaking with two coins growing most: Bitcoin and Dogecoin. While Dogecoin has been able to gain a lot of popularity in past, people are considering or options such as Ereum as well. Although, most of new investors keep wondering about "how many Ereum Classic are re in world?" "how many Erium Classic are in circulation?" and more. So, here is all you need to know about it.

How many Ereum Classic are re in world?

re are two s of virtual money, one has a limited number of tokens and ors have no limit. Cryptocurrencies such as Bitcoin (BTC) have a set number of tokens that can be mined. As per Newsweek, re can only ever be a maximum of 21 million Bitcoins (estimated to be reached by 2040), and once limit approaches, it becomes increasingly harder for investors to mine more tokens. As per Coin Market Cap, ETC is no different. So, maximum supply is of Ereum Classic is 210,700,000 ETC which is roughly ten times that of Bitcoin (BTC), unlike ETH that has no cap.

Launched in July 2016, Ereum is a smart contract network, with ability to host and support decentralized applications. As per Investopedia's report, this virtual currency is an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts. Ereum Classic came into existence as a result of a network hack that happened in year 2016. This n split up Ereum's model into two; original Ereum Classic and Ereum being newer blockchain. Here Ereum Classic retains its originality. 

Based on principle of “Code is Law,” smart contracts are self-executing autonomous digital applications, which are capable of running on ir own as programmed. Currently, according to Coin Market Cap data, Ereum Classic Price is around $0.3534, as of writing this article. Ereum Classic has a relatively large share of market at moment, but newer coins are gaining in popularity.

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