Last modified on 11. October 2020
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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, Blocknet had an average trading volume of over US$ 28 k per day for the first trimester of 2019. This figure came to over US$ 662 k during the same period in the previous year. The trading volume dropped by 95.7 percent accordingly.
For the first trimester of 2019, the average market capitalization equated to over US$ 12.2 m. This figure came to nearly US$ 165 m during the same time frame the year before. Market capitalization dropped down accordingly by 92.6 percent.
The average trading price in the first trimester of 2019 was just above US$ 2.29. In the same period of 2018, this figure came to over US$ 35.9. The price dropped accordingly by 93.6 percent.
The all-time high of Blocknet in 2018
The Blocknet currency climbed to a high in January 2018 at over US$ 57.2. At this trading price, the coin reached a market capitalization of nearly US$ 284 million. This put Blocknet in the ballpark of certain other digital currencies, such as ZClassic, Nebulas, Time New Bank, Enjin Coin and Raiden Network Token, among others.
Blocknets 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.
- Blocknet (BLOCK): 0.284 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 Blocknet stood at US$ 3.14 with a market capitalization of nearly US$ 17.1 million. Compared with the peak trading price described above, this represents a decline down to approximately 5.5 percent.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
This block explorer can be used to track the current block height and other recent statistics around all Blocknet transactions.
To delve deeper into the world of Blocknet, download the white paper or find more links to community forums, source code and social media accounts, visit http://blocknet.co.
There are a number of platforms where you can buy or sell Blocknet, including VCC Exchange, Bittrex and Finexbox, among others.
You can contact the Blocknet team directly by going to the following social media channels:
1. This figure changes to 0.0050 percent when taking Bitcoin out of the equation.