Pakcoin
Last modified on 11. October 2020
Quick Facts
The user known as drwviason84 announced the launch of Pakcoin on 22 June 2015 at bitcointalk.org. coinmarketcap.com subsequently launched the collection of real-time trading data in October 2015.
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, Pakcoin had an average trading volume of nearly US$ 710 per day for the first trimester of 2019. Over the same period the year before, this figure came to over US$ 7,500. The trading volume retraced by 90.6 percent accordingly.
The average market capitalization during the first trimester of 2019 equated to over US$ 62 k. In the same period of 2018, this figure came to over US$ 791 k. Market capitalization dropped down accordingly by 92.1 percent.
Trading Price
The all-time high of Pakcoin in 2018
The Pakcoin currency reached a high in January 2018 at US$ 0.061334. The equivalent market capitalization of the coin reached nearly US$ 2.4 million. This put Pakcoin around certain other digital currencies, such as Billionaire Token, Limitless VIP, PetroDollar, Nekonium and BiblePay, among others.
Pakcoins 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$ 225 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 892 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.
- Pakcoin (PAK): 0.002 bn US dollars
- Bitcoin (BTC): 225 bn US dollars
- Apple (AAPL): 892 bn US dollars
- VW (VWAGY): 108 bn US dollars
- Date: 11 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Pakcoin stood at US$ 0.001326 with a market capitalization of nearly ninty thousand US dollars. In comparison with the highest trading price stated above, this represents a drop down to approximately 2.2 percent.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The Pakcoin is a native coin and is created by mining. It has an upper limit of exactly 182 million coins. If you are interested in the source code, be sure to also visit the GitHub page.
Block height and other recently updated statistics around current Pakcoin transactions can be traced through this block explorer.
To learn more about Pakcoin, download the white paper or find more links to community forums, source code and social media channels, visit http://pakcoin.io.
Markets
USD
One trading platform for buying or selling Pakcoin in USD is YoBit.
BTC
There are a number of platforms where you can buy or sell Pakcoin, including FreiExchange and YoBit.
Social Links
Stop by the following social media channels to speak directly to the Pakcoin team: