BLOCKv VEE Token Analysis and Markets in 2020

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Kraken
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Last modified on 11. October 2020

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Quick Facts

BLOCKv is a medium-sized cryptocurrency. On 1 October 2020, it had a market capitalization of just under US$ 5.7 million, meaning it had captured less than 0.01 percent of the market for crypto assets.¹^|2 The ticker symbol is VEE.

In December 2017, coinmarketcap.com started the collection of real-time BLOCKv trading data.

blockv.io

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 BLOCKv during the first trimester of 2019 was just under US$ 25 k per day. This figure came to nearly US$ 4.2 m during the same period in 2018. In other words, the previous/prior volume growth has almost entirely receded.

For the first trimester of 2019, the average market capitalization was over US$ 11.2 m. This figure came to over US$ 139 m during the same period in the previous year. Market capitalization dropped down accordingly by 91.9 percent.

Trading Price

The all-time high of BLOCKv in 2018

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

The price of the BLOCKv currency reached a peak in January 2018 at over US$ 0.34. The equivalent market capitalization of the token reached nearly US$ 383 million. This put BLOCKv around certain other digital currencies, such as Gas, Syscoin, Santiment Network Token, Quantstamp and Chainlink, among others.

BLOCKvs 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$ 277 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.

BLOCKv (VEE): 0.383 bn US dollars
Bitcoin (BTC): 277 bn US dollars
Apple (AAPL): 890 bn US dollars
VW (VWAGY): 108 bn US dollars
Date: 7 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of BLOCKv stood at US$ 0.004774 with a market capitalization of over eleven million US dollars. Compared with the peak trading price described above, this represents a drop down to approximately 1.4 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 BLOCKv-Token is not a native digital currency and is not created by mining. It has no maximum number of tokens, unlike Basic Attention Token, for example. If you are interested in the source code, be sure to also visit the GitHub page.

This block explorer can be used to track the current block height and other recent statistics around all BLOCKv transactions.

More details about BLOCKv, including the white paper and other links to source code, community forums and social media accounts can be found on blockv.io.

Markets

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

USD

A large market for buying or selling BLOCKv in USD is Bitfinex.

BTC

There are a number of platforms where you can buy or sell BLOCKv, including VCC Exchange, Bittrex and Coinsbit.

Social Links

You can contact the BLOCKv team directly by going to the following social media channels:

^{1. This figure changes to 0.0039 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}