Global Currency Reserve
Last modified on 11. October 2020
Quick Facts
Global Currency Reserve was introduced by the user gcrgcr via bitcointalk.org on 19 August 2015. coinmarketcap.com subsequently launched the tracking of real-time trading data in September 2015.
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, Global Currency Reserve had an average trading volume of over US$ 4,500 per day for the first trimester of 2019. This figure came to just under US$ 484 k during the same time frame in 2018. 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$ 3.8 m. This figure came to nearly US$ 16.1 m during the same time frame the year before. The corresponding drop down in market capitalization equated to 76.7 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to US$ 0.037605. In the same period of 2018, this figure came to over US$ 0.17. The corresponding price drop down was 78.3 percent.
The all-time high of Global Currency Reserve in 2017
The price of the Global Currency Reserve currency climbed to a peak in December 2017 at over US$ 0.51. At this trading price, the coin reached a market capitalization of nearly US$ 35.1 million. This put Global Currency Reserve in the ballpark of certain other digital currencies, such as Open Trading Network, Agoras Tokens, Asch, WhiteCoin and Diamond, among others.
Global Currency Reserves 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$ 239 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 873 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 98 billion.
- Global Currency Reserve (GCR): 0.035 bn US dollars
- Bitcoin (BTC): 239 bn US dollars
- Apple (AAPL): 873 bn US dollars
- VW (VWAGY): 98 bn US dollars
- Date: 6 December 2017
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Global Currency Reserve stood at US$ 0.031112 with a market capitalization of over US$ 3.1 million. A decline down to approximately 6.1 percent compared 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 Global Currency Reserve-Coin is not generated through 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.
Global Currency Reserve transactions currently in progress can be tracked using this block explorer, which also shows block height and other recently updated statistics.
More information about Global Currency Reserve, including the white paper and other links to source code, community forums and social media channels can be found on http://gcrcoin.com.
Markets
BTC
One trading platform for buying or selling Global Currency Reserve in BTC is YoBit.