Cryptonite

Last modified on 11. October 2020

Quick Facts

Cryptonite is a very small cryptocurrency. Boasting a market capitalization of over US$ 74 thousand in early October 2020, it had captured less than 0.0001 percent of the market for crypto assets.¹ XCN is its ticker symbol.

The user known as pallas introduced Cryptonite on 23 February 2017 via bitcointalk.org. coinmarketcap.com subsequently started the tracking of real-time trading data in September 2014.

http://cryptonite.info

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, Cryptonite had an average trading volume of over US$ 460 per day for the first trimester of 2019. This figure came to just under US$ 51 k during the same time frame in the previous year. In other words, the previous/prior volume growth has almost entirely receded.

For the first trimester of 2019, the average market capitalization equated to just under US$ 294 k. In the same time frame of 2018, this figure came to over US$ 2.2 m. Market capitalization retraced down accordingly by 86.8 percent.

Trading Price

The all-time high of Cryptonite in 2017

The price of the Cryptonite currency reached a high in June 2017 at US$ 0.085593. At this trading price, the coin reached a market capitalization of over US$ 16.9 million. This put Cryptonite in the ballpark of certain other digital currencies, such as Radium, Donu, Swarm City, Quark and DNotes, among others.

Cryptonites 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$ 45 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 761 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 76 billion.

• Cryptonite (XCN): 0.017 bn US dollars
• Bitcoin (BTC): 45 bn US dollars
• Apple (AAPL): 761 bn US dollars
• VW (VWAGY): 76 bn US dollars
• Date: 20 June 2017

More Details

The Cryptonite-Coin is a native coin and is created through mining. It has no maximum number of coins, unlike TRON, for example. 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 recent metrics around all Cryptonite transactions.

Further information about Cryptonite, including the white paper and other links to source code, community forums and social media channels can be found on http://cryptonite.info.

Social Links

Take a look at the following social media channels to speak directly to the Cryptonite team:

• Twitter (@CryptoniteCoin)
• Reddit (/r/Cryptonite)
• Telegram (@xcnCryptonite)
• Facbook (@XCN.mini.blockchain)

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