Megacoin MEC Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quick Facts

Megacoin is a small cryptocurrency. On 1 October 2020, it had a market capitalization of just above US$ 133 thousand, meaning it had captured less than 0.0001 percent of the market for digital currencies.¹ The ticker symbol is MEC.

Megacoin was introduced by the user Limx Dev at bitcointalk.org on 6 October 2017. The collection of real-time trading data by coinmarketcap.com then started in August 2013.

megacoin-mec.cc

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, Megacoin had an average trading volume of just under US$ 34.5 per day for the first trimester of 2019. This figure came to over thirty k during the same time frame in 2018. In other words, the previous/prior volume growth has almost entirely receded.

The average market capitalization during the first trimester of 2019 was nearly US$ 113 k. In the same period of 2018, this figure came to nearly US$ 2.2 m. Market capitalization dropped down accordingly by 94.8 percent.

Trading Price

The all-time high of Megacoin in 2013

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

The price of the Megacoin currency reached a peak in November 2013 at US$ 2.70. At this trading price, the coin reached a market capitalization of over fifty million US dollars. Megacoin was an outlier here.

Megacoins 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$ 14 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.

Megacoin (MEC): 0.05 bn US dollars
Bitcoin (BTC): 14 bn US dollars
Apple (AAPL): about 500 bn US dollars
VW (VWAGY): about 80 bn US dollars
Date: 30 November 2013

More Details

The Megacoin is a native coin and is created by mining. It has a maximum supply of exactly 42 million coins. If you are interested in the source code, be sure to also visit the GitHub page.

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

More details about Megacoin, including the white paper and other links to source code, community forums and social media accounts can be found on megacoin-mec.cc.

Markets

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

BTC

One trading platform for buying or selling Megacoin in BTC is Crex24.

Social Links

You can get in touch with the Megacoin team directly by going to the following social media channels:

^{1. Read about our sources}