Bean Cash BITB Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quick Facts

Bean Cash is a medium-sized cryptocurrency. On 1 October 2020, it had a market capitalization of over US$ 1.2 million, meaning it had captured less than 0.01 percent of the digital currency market.¹^|2 It has the ticker symbol BITB.

The user known as TeamBean introduced Bean Cash on 26 February 2015 at bitcointalk.org. coinmarketcap.com subsequently launched the collection of real-time trading data in March 2015.

http://beancash.org

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, the average trading volume of Bean Cash during the first trimester of 2019 equated to nearly seventeen k per day. Over the same time frame in 2018, this figure came to over four m. In other words, the previous/prior volume growth has almost entirely receded.

For the first trimester of 2019, the average market capitalization equated to nearly US$ 2.4 m. This figure came to nearly US$ 33.6 m during the same period in 2018. The corresponding drop down in market capitalization equated to 92.9 percent.

Trading Price

The all-time high of Bean Cash in 2018

Bean Cash BITB Price analysis generated by coindashboards.com — Price analysis for the most important moments in Bean Cash’s trading history (BITB)

The Bean Cash currency climbed to a high in January 2018 at US$ 0.042747. At this trading price, the coin reached a market capitalization of over US$ 91 million. This put Bean Cash around certain other digital currencies, such as adToken, Feathercoin, SHIELD, SpankChain and Lunyr, among others.

Bean Cashs all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 294 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 890 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.

Bean Cash (BITB): 0.091 bn US dollars
Bitcoin (BTC): 294 bn US dollars
Apple (AAPL): 890 bn US dollars
VW (VWAGY): 108 bn US dollars
Date: 6 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Bean Cash stood at US$ 0.000815 with a market capitalization of nearly two million US dollars. In comparison with the highest trading price described above, this represents a drop down to approximately 1.9 percent.

Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.

More Details

The Bean Cash-Coin is a native coin and is generated through mining. It has a maximum number of exactly fifty billion US dollars coins. If you are interested in the source code, be sure to also visit the GitHub page.

Bean Cash transactions currently in progress can be tracked using this block explorer, which also shows block height and other real-time metrics.

Additional details about Bean Cash, including the white paper and other links to source code, community forums and social media channels can be found on http://beancash.org.

Markets

Bean Cash BITB Market analysis generated by coindashboards.com — Markets on which Bean Cash (BITB) can be traded

BTC

One trading platform for buying or selling Bean Cash in BTC is YoBit.

Social Links

Stop by the following social media channels to speak directly to the Bean Cash team:

^{1. This figure changes to 0.0008 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}