BitShares
Last modified on 11. October 2020
Quick Facts
BitShares was introduced by the user scaryvirus at bitcointalk.org on 5 June 2017. coinmarketcap.com subsequently began the gathering of real-time trading data in August 2014.
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 BitShares during the first trimester of 2019 was nearly US$ 6.5 m per day. Over the same period in 2018, this figure came to over US$ 34.1 m. The corresponding downward retracement of trading volume equated to 81 percent.
For the first trimester of 2019, the average market capitalization equated to over US$ 119 m. This figure came to over US$ 853 m during the same period the year before. The corresponding downward retracement of market capitalization equated to 86 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to US$ 0.045630. This figure came to nearly US$ 0.36 during the same period of 2018. The corresponding price drop down equated to 87.2 percent.
The all-time high of BitShares in 2018
The BitShares currency climbed to a peak in January 2018 at nearly US$ 0.92. The equivalent market capitalization of the coin reached nearly US$ 2.1 billion. This put BitShares around certain other digital currencies, such as Lisk, ICON, Verge, OMG Network and Ardor, among others.
BitShares’ 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$ 251 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 876 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.
- BitShares (BTS): 2.1 bn US dollars
- Bitcoin (BTC): 251 bn US dollars
- Apple (AAPL): 876 bn US dollars
- VW (VWAGY): 102 bn US dollars
- Date: 2 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of BitShares stood at US$ 0.047199 with a market capitalization of nearly US$ 125 million. A retracement down to approximately 5.1 percent in comparison with the peak 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.
More Details
The BitShares-Coin is not generated through mining. It has a maximum supply of approximately 3.6 billion coins. Those interested in the source code should also take a look at the GitHub page.
This block explorer can be used to track the current block height and other recently updated metrics around all BitShares transactions.
To find out more about BitShares, download the white paper or find more links to community forums, source code and social media accounts, visit bitshares.org.
Markets
USD
A large market for buying or selling BitShares in USD is Binance. There are additional platforms where you can buy or sell BitShares, including Huobi Global, MXC (MoCha) and ZB.COM, among others.
BTC
A large market for buying or selling BitShares in BTC is Binance. There are additional platforms where you can buy or sell BitShares, including ZB.COM, HitBTC and Livecoin, among others.
Social Links
Stop by the following social media channel to speak directly to the BitShares team:
1. This figure changes to 0.0443 percent when taking Bitcoin out of the equation.