MCO Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

MCO is a relatively large cryptocurrency. At the beginning of October 2020, it had a market capitalization of over US$ 65 million, accounting for about 0.019 percent of the digital currency market.¹^|2 MCO is also its ticker symbol.

In August 2017, coinmarketcap.com launched the gathering of real-time MCO trading data.

crypto.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, MCO had an average trading volume of over US$ 10.1 m per day for the first trimester of 2019. This figure came to nearly thirteen m during the same period the year before. The trading volume retraced by 22 percent accordingly.

For the first trimester of 2019, the average market capitalization equated to over US$ 41.2 m. In the same period of 2018, this figure came to nearly US$ 129 m. The corresponding drop down in market capitalization equated to 68 percent.

Trading Price

In the first trimester of 2019, the average trading price equated to just above US$ 2.71. This figure came to over US$ 10.5 during the same time frame of 2018. The price dropped accordingly by 74.3 percent.

The all-time high of MCO in 2017

MCO Price analysis generated by coindashboards.com — Price analysis for the most important moments in MCO’s trading history (MCO)

The price of the MCO currency climbed to a peak in August 2017 at exactly US$ 27.1. The equivalent market capitalization of the token reached nearly US$ 208 million. This put MCO in the ballpark of certain other digital currencies, such as Factom, Ark, Basic Attention Token, Stellar and Binance Coin, among others.

MCOs 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$ 76 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 849 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 78 billion.

MCO (MCO): 0.208 bn US dollars
Bitcoin (BTC): 76 bn US dollars
Apple (AAPL): 849 bn US dollars
VW (VWAGY): 78 bn US dollars
Date: 29 August 2017

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of MCO stood at US$ 2.67 with a market capitalization of over US$ 41.5 million. A drop down to approximately 9.9 percent in comparison with the highest trading price stated 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 MCO-Token is not a native cryptocurrency and is not generated via mining. It has no maximum number of tokens, unlike HedgeTrade, for example.

MCO transactions currently in progress can be tracked using this block explorer, which also displays block height and other recent statistics.

More details about MCO, including the white paper and other links to source code, community forums and social media accounts can be found on crypto.com.

Markets

MCO Market analysis generated by coindashboards.com — Markets on which MCO (MCO) can be traded

EUR

One trading platform for buying or selling MCO in EUR is LiteBit.eu.

USD

A large market for buying or selling MCO in USD is Binance. Additional trading platforms for buying or selling MCO in USD are Huobi Global, BKEX and Binance JEX, among others.

BTC

A large market for buying or selling MCO in BTC is Binance. Additional trading platforms for buying or selling MCO in BTC are Huobi Global, OKEx and VCC Exchange, among others.

Social Links

Visit the following social media channels to speak directly to the MCO team:

^{1. Or 0.0442 percent, if omitting Bitcoin.}

^{2. Read about our sources}