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    Zclassic

    ZCL

    Rank #3336

    $0.09801

    +0.067%
    24H Low$0.09750
    $0.0986224H High
    24H Volume
    $14233
    All-Time High(ATH)
    $230.95
    All-Time Low(ATL)
    $0.02255
    Market Cap
    $910192.97
    Fully Diluted Valuation
    $1.12 M
    Market Cap/FDV
    81.02%
    Circulating Supply
    9.29 M ZCL
    Total Supply
    11.46 M ZCL
    Max Supply
    11.46 M ZCL
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Zclassic (ZCL) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.068%
    24H
    $--
    +0.067%
    7D
    $+0.02000
    +26.1%
    30D
    $+0.02000
    +22.48%
    1Y
    $+0.04000
    +83.45%

    Credibility Indicators

    55.75

    Reliability Score

    Rank #1

    # 5523

    Percentile

    TOP 45%

    Live Zclassic (ZCL) Price Update

    Zclassic price today is $0.09801 with a 24-hour trading volume of $14233, and as such Zclassic has a market cap of $910192.97, giving it a market dominance of 2.91%. The Zclassic price moved 0.06700% in the last 24 hours.

    Zclassic reached its highest price on 2018-01-07 when it was trading at its all-time high of $230.95, while its lowest price was recorded on 2022-09-20 when it was trading at its all-time low of $0.02255. The current lowest price since the last cycle high was $0.02255, and the highest price since the last cycle low was $230.95. The social sentiment of Zclassic is currently Positive.

    The current circulating supply of Zclassic is $9.29 M ZCL. In terms of market cap, Zclassic is currently ranked 3336.

    About Zclassic (ZCL)

    Zclassic is a fork of Zcash founded by Rhett Creighton but with the 20% founders’ reward and slow start removed. Miners are simply earning their fair reward, we believe they deserve it, and the coin development can be supported by the community. ZCL also differs from ZEC by removing the slow start (source), we are not trying to deliberately engineer scarcity: The Market decides the price. We are using the same parameters which were produced in the now famous secure "trusted setup meeting" (source) where Peter Todd participated, and he confirmed to us (source) they are safe to use. If just one of the participants kept their key secret and destroyed it, the whole system is secure. Zcash is a cryptocurrency run by the Zero Coin Inc. In order to fund their operations, a 20% mining “Founder’s Reward” is included. Every block, in order to maintain consensus, miners running the Zcash code send 20% of their newly mined rewards to an address controlled by the Zero Coin Inc. Because the Zcash source code is open source, Zclassic simply removes the 20% Founder’s Reward. This gives people the option to mine a blockchain using the same technology of Zcash, but without paying the 20% Founder’s Reward. The mission of Zclassic is to stay as similar to Zcash from a technology perspective, but to never take any pre-mine, founder’s-reward or any other kind of fee that goes to a small group of individuals with special permissions whether elected, appointed, or otherwise.

    FAQs

    1. What determines the price movement of Zclassic?

    There are two schools of thought in determining the price of Zclassic.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Zclassic, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Zclassic from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Zclassic on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Zclassic as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Zclassic and the cryptocurrency market as a whole.

    Zclassic Tokenomics

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    Zclassic Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-23
    $9.29 M
    14788.53 ZCL
    $0.09767
    N/A
    2024-04-22
    $9.29 M
    11802.36 ZCL
    $0.07884
    $0.09767
    2024-04-21
    $9.29 M
    13275.87 ZCL
    $0.07719
    $0.07884
    2024-04-20
    $9.3 M
    15966.72 ZCL
    $0.07716
    $0.07719
    2024-04-19
    $9.29 M
    14394.75 ZCL
    $0.07760
    $0.07716
    2024-04-18
    $9.29 M
    14638.83 ZCL
    $0.07699
    $0.07760
    2024-04-17
    $9.28 M
    14560.77 ZCL
    $0.07761
    $0.07699