Kyber Network
Last modified on 11. October 2020
Quick Facts
In October 2017, the collection of real-time trading data for Kyber Network began on coinmarketcap.com.
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, Kyber Network had an average trading volume of over US$ 7.7 m per day for the first trimester of 2019. Over the same period in the previous year, this figure came to over US$ 14.9 m. The trading volume retraced by 48.2 percent accordingly.
The average market capitalization during the first trimester of 2019 was over US$ 27.5 m. This figure came to nearly US$ 357 m during the same period in the previous year. The corresponding drop down in market capitalization was 92.3 percent.
Trading Price
In the first trimester of 2019, the average trading price equated to nearly US$ 0.19. In the same time frame of 2018, this figure came to just under US$ 2.90. The price dropped accordingly by 93.6 percent.
The all-time high of Kyber Network in 2018
The Kyber Network currency climbed to a peak in January 2018 at six US dollars. The equivalent market capitalization of the token reached over US$ 770 million. This put Kyber Network around certain other digital currencies, such as HyperCash, Veritaseum, Komodo, Ark and Golem, among others.
Kyber Networks 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$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.
- Kyber Network (KNC): 0.77 bn US dollars
- Bitcoin (BTC): 245 bn US dollars
- Apple (AAPL): 887 bn US dollars
- VW (VWAGY): 109 bn US dollars
- Date: 9 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Kyber Network stood at over US$ 0.23 with a market capitalization of nearly US$ 31.8 million. A retracement down to approximately 3.9 percent compared with the highest trading price described above.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The Kyber Network-Token is not a native digital currency and is not generated by mining. It has no maximum number of tokens, unlike Huobi Token, for example. If you are interested in the source code, be sure to also visit the GitHub page.
Kyber Network transactions currently in progress can be tracked using this block explorer, which also displays block height and other recent statistics.
Further information about Kyber Network, including the white paper and other links to source code, community forums and social media channels can be found on kyber.network.
Markets
EUR
A large market for buying or selling Kyber Network in EUR is Kraken.
USD
Four large markets for buying or selling Kyber Network in USD are Kraken, Coinbase Pro, Binance and Bitfinex. There are additional platforms where you can buy or sell Kyber Network, including OKEx, Huobi Global and HBTC, among others.
BTC
Three large markets for buying or selling Kyber Network in BTC are Coinbase Pro, Binance and Bitfinex. Additional trading platforms for buying or selling Kyber Network in BTC are Bilaxy, OKEx and Huobi Global, among others.
1. Or 0.1275 percent, if omitting Bitcoin.