Counterparty
Last modified on 11. October 2020
Quick Facts
The user known as PhantomPhreak introduced Counterparty on 2 January 2014 at bitcointalk.org. The logging of real-time trading data by coinmarketcap.com subsequently launched in March 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, Counterparty had an average trading volume of over US$ 9,200 per day for the first trimester of 2019. This figure came to nearly US$ 2.9 m during the same period in 2018. In other words, the previous/prior volume growth has almost entirely receded.
The average market capitalization during the first trimester of 2019 was nearly five m. This figure came to over US$ 88 m during the same time frame the year before. Market capitalization dropped down accordingly by 94.4 percent.
Trading Price
In the first trimester of 2019, the average trading price equated to just under two. In the same period of 2018, this figure came to nearly US$ 37.1. The corresponding price drop down equated to 94.7 percent.
The all-time high of Counterparty in 2018
The Counterparty currency climbed to a peak in January 2018 at over one hundred US dollars. The equivalent market capitalization of the coin reached nearly US$ 230 million. This put Counterparty around certain other digital currencies, such as Emercoin, Time New Bank, NULS, Aave and Storj, among others.
Counterpartys 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$ 225 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 892 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.
- Counterparty (XCP): 0.23 bn US dollars
- Bitcoin (BTC): 225 bn US dollars
- Apple (AAPL): 892 bn US dollars
- VW (VWAGY): 108 bn US dollars
- Date: 11 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Counterparty stood at US$ 1.74 with a market capitalization of nearly US$ 4.5 million. This is a drop down to approximately 1.7 percent in comparison with the peak trading price stated 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 Counterparty-Coin is not created by mining. It has no maximum number of coins, unlike Bitcoin, for example. Those interested in the source code should also take a look at the GitHub page.
Current Counterparty transactions can be tracked using this block explorer, which also displays block height and other recently updated statistics.
To delve deeper into the world of Counterparty, download the white paper or find more links to community forums, source code and social media channels, visit http://counterparty.io.
Markets
Zaif Zaif is a trading platform where you can buy and sell Counterparty.
1. Or 0.0024 percent, if omitting Bitcoin.