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, Power Ledger had an average trading volume of over US$ 2.4 m per day for the first trimester of 2019. Over the same time frame the year before, this figure came to over US$ 23.4 m. The corresponding downward retracement of trading volume was 89.7 percent.
For the first trimester of 2019, the average market capitalization equated to nearly US$ 37.2 m. In the same time frame of 2018, this figure came to over US$ 287 m. The corresponding drop down in market capitalization equated to 87 percent.
The average trading price during the first trimester of 2019 equated to US$ 0.097599. This figure came to nearly US$ 0.86 during the same time frame of 2018. The corresponding price drop down equated to 88.6 percent.
The all-time high of Power Ledger in 2018
The price of the Power Ledger currency climbed to a high in January 2018 at two US dollars. At this trading price, the token reached a market capitalization of nearly US$ 568 million. This put Power Ledger in the ballpark of certain other digital currencies, such as SALT, Ark, Dragonchain, Basic Attention Token and Dent, among others.
Power Ledgers 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$ 262 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 880 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 106 billion.
- Power Ledger (POWR): 0.568 bn US dollars
- Bitcoin (BTC): 262 bn US dollars
- Apple (AAPL): 880 bn US dollars
- VW (VWAGY): 106 bn US dollars
- Date: 4 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Power Ledger stood at nearly US$ 0.11 with a market capitalization of over US$ 41 million. In comparison with the peak trading price stated above, this represents a decline down to approximately 5.2 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.
The Power Ledger-Token is not a native digital currency and is not generated via mining. It has no maximum number of tokens, unlike HedgeTrade, for example.
Power Ledger transactions currently in progress can be tracked using this block explorer, which also displays block height and other recent statistics.
To learn more about Power Ledger, download the white paper or find more links to community forums, source code and social media channels, visit powerledger.io.
There are a number of platforms where you can buy or sell Power Ledger, including Bitvavo and LiteBit.eu.
There are a number of platforms where you can buy or sell Power Ledger, including CoinEx and Gate.io.
A large market for buying or selling Power Ledger in BTC is Binance. There are additional platforms where you can buy or sell Power Ledger, including P2PB2B, LATOKEN and Huobi Global, among others.
You can get in touch with the Power Ledger team directly by visiting the following social media channels:
1. Or 0.0242 percent, if omitting Bitcoin.