Peercoin
Last modified on 11. October 2020
Quick Facts
The same symbol is additionally shared with PHILLIPS PAY COIN.
Peercoin was introduced by the user Sunny King at bitcointalk.org on 19 August 2012. The logging of real-time trading data by coinmarketcap.com then started in May 2013.
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, Peercoin had an average trading volume of just above US$ 182 k per day for the first trimester of 2019. Over the same time frame the year before, this figure came to over US$ 1.4 m. The corresponding drop down in trading volume equated to 87 percent.
For the first trimester of 2019, the average market capitalization was over US$ 13.3 m. In the same time frame of 2018, this figure came to nearly US$ 96 m. Market capitalization dropped down accordingly by 86 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to nearly US$ 0.57. This figure came to just under US$ 4.15 during the same period of 2018. The price retraced accordingly by 86.3 percent.
The all-time high of Peercoin in 2018
The price of the Peercoin currency climbed to a high in January 2018 at over US$ 9.9. At this trading price, the coin reached a market capitalization of nearly US$ 223 million. This put Peercoin in the ballpark of certain other digital currencies, such as Vertcoin, PayPie, Bitcore, Achain and Cryptonex, among others.
Peercoins 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$ 241 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 111 billion.
- Peercoin (PPC): 0.223 bn US dollars
- Bitcoin (BTC): 241 bn US dollars
- Apple (AAPL): 901 bn US dollars
- VW (VWAGY): 111 bn US dollars
- Date: 13 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Peercoin stood at just under US$ 0.51 with a market capitalization of nearly US$ 12.4 million. In comparison with the peak trading price stated above, this represents a retracement down to approximately 5.1 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 Peercoin is a native coin and is generated through mining. It has no maximum number of coins, unlike TRON, 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 recently updated metrics around all Peercoin transactions.
To learn more about Peercoin, download the white paper or find more links to community forums, source code and social media channels, visit http://peercoin.net.
Markets
EUR
The trading platforms for buying or selling Peercoin in EUR are The Rock Trading and LiteBit.eu.
USD
There are a number of platforms where you can buy or sell Peercoin, including HitBTC, Hotbit and SouthXchange, among others.
BTC
The trading platforms for buying or selling Peercoin in BTC are VCC Exchange, Bittrex and HitBTC, among others.
Social Links
You can contact the Peercoin team directly by visiting the following social media channels:
1. Or 0.0045 percent, if omitting Bitcoin.