Dimecoin
Last modified on 11. October 2020
Quick Facts
The user known as lemfuture announced the launch of Dimecoin on 3 February 2014 via bitcointalk.org. The gathering of real-time trading data by coinmarketcap.com subsequently began in February 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, Dimecoin had an average trading volume of just under US$ 1,900 per day for the first trimester of 2019. This figure came to nearly US$ 327 k during the same period the year before. In other words, the previous/prior volume growth has almost entirely receded.
For the first trimester of 2019, the average market capitalization was nearly US$ 3.1 m. This figure came to nearly fourty m during the same period the year before. The corresponding drop down in market capitalization equated to 92.4 percent.
Trading Price
The all-time high of Dimecoin in 2014
The Dimecoin currency climbed to a high in July 2014 at US$ 0.000791. The equivalent market capitalization of the coin reached over US$ 32 thousand. This put Dimecoin in the ballpark of certain other digital currencies, such as Groestlcoin, Pesetacoin, Blakecoin, 42-coin and PetroDollar.
Dimecoins 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$ 8 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ about 500 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ about 80 billion.
- Dimecoin (DIME): 0 bn US dollars
- Bitcoin (BTC): 8 bn US dollars
- Apple (AAPL): about 500 bn US dollars
- VW (VWAGY): about 80 bn US dollars
- Date: 22 July 2014
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Dimecoin stood at US$ 0.000009 with a market capitalization of over US$ 4.3 million. In comparison with the peak trading price described above, this represents a retracement down to approximately 1.1 percent.
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 Dimecoin is a native coin and is created via mining. It has no maximum number of coins, unlike Litecoin, for example. If you are interested in the source code, be sure to also visit the GitHub page.
Current Dimecoin transactions can be tracked using this block explorer, which also shows block height and other real-time metrics.
Further details about Dimecoin, including the white paper and other links to source code, community forums and social media accounts can be found on dimecoinnetwork.com.
Markets
USD
The trading platforms for buying or selling Dimecoin in USD are YoBit and CryptalDash.
BTC
The trading platforms for buying or selling Dimecoin in BTC are Crex24, Altilly and CryptalDash, among others.
Social Links
Stop by the following social media channels to speak directly to the Dimecoin team:
1. This figure changes to 0.0005 percent when taking Bitcoin out of the equation.