Obyte
Last modified on 11. October 2020
Quick Facts
The user known as tonych launched Obyte on 5 September 2016 via bitcointalk.org. The gathering of real-time trading data by coinmarketcap.com subsequently launched in January 2017.
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, the average trading volume of Obyte during the first trimester of 2019 equated to over US$ 22 k per day. Over the same period the year before, this figure came to over US$ 1.4 m. In other words, the previous/prior volume growth has almost entirely receded.
The average market capitalization during the first trimester of 2019 equated to nearly US$ 23.6 m. This figure came to over US$ 340 m during the same time frame in the previous year. Market capitalization retraced down accordingly by 93.1 percent.
Trading Price
The average trading price during the first trimester of 2019 equated to just under US$ 36.1. This figure came to nearly US$ 580 during the same period of 2018. The price dropped accordingly by 93.7 percent.
The all-time high of Obyte in 2018
The Obyte currency reached a high in January 2018 at just under US$ 1,200. The equivalent market capitalization of the coin reached nearly US$ 766 million. This put Obyte around certain other digital currencies, such as Komodo, Electroneum, Ark, Veritaseum and QASH, among others.
Obytes 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$ 241 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 111 billion.
- Obyte (GBYTE): 0.766 bn US dollars
- Bitcoin (BTC): 241 bn US dollars
- Apple (AAPL): 901 bn US dollars
- VW (VWAGY): 111 bn US dollars
- Date: 13 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Obyte stood at just above US$ 40.4 with a market capitalization of nearly US$ 27 million. This is a decline down to approximately 3.4 percent in comparison with the peak 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 Obyte-Coin is not created by mining. It has a maximum number of exactly one million US dollar coins. Those interested in the source code should also take a look at the GitHub page.
Block height and other recent metrics around current Obyte transactions can be traced through this block explorer.
To learn more about Obyte, download the white paper or find more links to community forums, source code and social media accounts, visit wiki.obyte.org.
Markets
BTC
There are a number of platforms where you can buy or sell Obyte, including Bittrex, Finexbox and BitZ, among others.
Social Links
Take a look at the following social media channels to speak directly to the Obyte team:
1. Or 0.0118 percent, if omitting Bitcoin.