Comet
Last modified on 11. October 2020
Quick Facts
The same symbol is additionally used by CyberMiles.
The user known as cmtcoin announced the launch of Comet on 18 May 2016 at bitcointalk.org. The tracking of real-time trading data by coinmarketcap.com subsequently began in July 2016.
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 Comet during the first trimester of 2019 equated to just under US$ 28.5 per day. Over the same time frame in the previous year, this figure came to over US$ 7,700. In other words, the previous/prior volume growth has almost entirely receded.
The average market capitalization during the first trimester of 2019 was over US$ 7,500. In the same time frame of 2018, this figure came to nearly US$ 185 k. The corresponding drop down in market capitalization equated to 95.9 percent.
Trading Price
The all-time high of Comet in 2018
The Comet currency reached a high in January 2018 at US$ 1.19. At this trading price, the coin reached a market capitalization of just above US$ 550 thousand. This put Comet in the ballpark of certain other digital currencies, such as Manna, Advanced Internet Blocks, Ethereum Cash, Cannation and iEthereum, among others.
Comets 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.
- Comet (CMT): 0.001 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 Comet stood at US$ 0.013503 with a market capitalization of nearly US$ 7,000. This is a drop down to approximately 1.1 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.
More Details
The Comet-Coin is a native coin and is generated through mining. It has no maximum number of coins, unlike Litecoin, for example.
To delve deeper into the world of Comet, download the white paper or find more links to community forums, source code and social media channels, visit cometcoin.com.
Markets
BTC
One trading platform for buying or selling Comet in BTC is YoBit.