Last modified on 11. October 2020
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In November 2016, the gathering of real-time trading data for Zcash started on coinmarketcap.com.
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 Zcash during the first trimester of 2019 equated to nearly US$ 187 m per day. Over the same period the year before, this figure came to over US$ 101 m. The corresponding increase in trading volume equated to 84.9 percent.
For the first trimester of 2019, the average market capitalization equated to over US$ 316 m. This figure came to nearly US$ 1.4 bn during the same time frame the year before. Market capitalization retraced down accordingly by 76.8 percent.
The average trading price in the first trimester of 2019 was nearly US$ 54.9. This figure came to nearly US$ 450 during the same time frame of 2018. The price dropped accordingly by 87.8 percent.
The all-time high of Zcash in 2018
The price of the Zcash currency reached a high in January 2018 at nearly US$ 960. At this trading price, the coin reached a market capitalization of over US$ 2.6 billion. This put Zcash around certain other digital currencies, such as Siacoin, Bytecoin, Verge, OMG Network and BitShares, among others.
Zcashs 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.
- Zcash (ZEC): 2.6 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 Zcash stood at nearly US$ 53.0 with a market capitalization of nearly US$ 314 million. A decline down to approximately 5.5 percent compared with the highest trading price described above.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
The Zcash-Coin is a native coin and is created via mining. The maximum supply of coins is exactly twenty-one million US dollars. Those interested in the source code should also take a look at the GitHub page.
Current Zcash transactions can be tracked using this block explorer, which also shows block height and other recently updated statistics.
To learn more about Zcash, download the white paper or find more links to community forums, source code and social media channels, visit z.cash.
A large market for buying or selling Zcash in EUR is Kraken. There are additional platforms where you can buy or sell Zcash, including WhiteBIT, The Rock Trading and Cryptology, among others.
Four large markets for buying or selling Zcash in USD are Kraken, Coinbase Pro, Binance and Bitfinex. Additional trading platforms for buying or selling Zcash in USD are BKEX, HitBTC and Huobi Global, among others.
Three large markets for buying or selling Zcash in BTC are Coinbase Pro, Binance and Bitfinex. There are additional platforms where you can buy or sell Zcash, including LATOKEN, HitBTC and BitForex, among others.
1. Or 0.4435 percent, if omitting Bitcoin.