Primecoin XPM Coin Analysis and Markets in 2020

Buy Primecoin:
Kraken
Binance
Bitfinex

►

Last modified on 11. October 2020

Jump to:
Quarters

Quick Facts

Primecoin is a medium-sized cryptocurrency. On 1 October 2020, it had a market capitalization of over one million US dollar, meaning it had captured less than 0.01 percent of the market for digital currencies.¹^|2 It has the ticker symbol XPM.

In August 2013, Primecoin was added to coinmarketcap.com to track its real-time trading data.

http://primecoin.io

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, Primecoin had an average trading volume of just above US$ 65 k per day for the first trimester of 2019. Over the same period in 2018, this figure came to just under US$ 307 k. The trading volume retraced by 78.8 percent accordingly.

For the first trimester of 2019, the average market capitalization was nearly US$ 4.2 m. This figure came to nearly US$ 18.7 m during the same time frame the year before. The corresponding downward retracement of market capitalization was 77.6 percent.

Trading Price

In the first trimester of 2019, the average trading price was over US$ 0.17. This figure came to over US$ 0.90 during the same period of 2018. The corresponding price drop down was 80.8 percent.

The all-time high of Primecoin in 2013

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

The Primecoin currency reached a peak in November 2013 at US$ 7.58. At this trading price, the coin reached a market capitalization of over US$ 22.4 million. Primecoin was an outlier here.

Primecoins 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.

Primecoin (XPM): 0.022 bn US dollars
Bitcoin (BTC): 14 bn US dollars
Apple (AAPL): about 500 bn US dollars
VW (VWAGY): about 80 bn US dollars
Date: 29 November 2013

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Primecoin stood at just above US$ 0.15 with a market capitalization of over US$ 3.5 million. Compared with the peak trading price described above, this represents a retracement down to approximately 2 percent.

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 Primecoin is a native coin and is generated through mining. It has no maximum number of coins, unlike Litecoin, for example. Those interested in the source code should also take a look at the GitHub page.

Block height and other recent metrics around current Primecoin transactions can be traced through this block explorer.

To delve deeper into the world of Primecoin, download the white paper or find more links to community forums, source code and social media channels, visit http://primecoin.io.

Markets

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

BTC

There are a number of platforms where you can buy or sell Primecoin, including SouthXchange and CoinEgg.

Social Links

You can contact the Primecoin team directly by going to the following social media channels:

^{1. This figure changes to 0.0007 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}