Bela Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Bela is a very small cryptocurrency. On 1 October 2020, it had a market capitalization of nearly US$ 62 thousand, accounting for less than 0.0001 percent of the market for crypto assets.¹ The ticker symbol is also BELA, so the same but in capital letters.

Bela was introduced by the user The Ambia Fund at bitcointalk.org on 1 October 2017. The tracking of real-time trading data by coinmarketcap.com began in April 2014.

http://livebela.com

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, Bela had an average trading volume of over US$ 1,400 per day for the first trimester of 2019. Over the same period in 2018, this figure came to nearly US$ 184 k. In other words, the previous/prior volume growth has almost entirely receded.

The average market capitalization during the first trimester of 2019 equated to over US$ 394 k. In the same period of 2018, this figure came to over US$ 8.7 m. Market capitalization dropped down accordingly by 95.5 percent.

Trading Price

In the first trimester of 2019, the average trading price was US$ 0.011478. This figure came to nearly US$ 0.24 during the same time frame of 2018. The price dropped accordingly by 95.2 percent.

The all-time high of Bela in 2017

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

The Bela currency reached a peak in January 2017 at just under US$ 0.63. At this trading price, the token reached a market capitalization of just above US$ 487 thousand. This put Bela in the ballpark of certain other digital currencies, such as SaluS, OKCash, PutinCoin, FLO and Redd, among others.

Belas 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$ 16 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 638 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 80 billion.

Bela (BELA): 0.001 bn US dollars
Bitcoin (BTC): 16 bn US dollars
Apple (AAPL): 638 bn US dollars
VW (VWAGY): 80 bn US dollars
Date: 31 January 2017

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Bela stood at US$ 0.029378 with a market capitalization of just under US$ 758 thousand. This is a drop down to approximately 4.7 percent compared with the highest trading price described above.

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 Bela-Token is not a native cryptocurrency and is not created by mining. It has no maximum number of tokens, unlike Huobi Token, for example. If you are interested in the source code, be sure to also visit the GitHub page.

Block height and other recent metrics around current Bela transactions can be traced through this block explorer.

Additional information about Bela, including the white paper and other links to source code, community forums and social media accounts can be found on http://livebela.com.

Markets

Bela Market analysis generated by coindashboards.com — Markets on which Bela (BELA) can be traded

BTC

One trading platform for buying or selling Bela in BTC is Mercatox.

^{1. Read about our sources}