Santiment Network Token
Last modified on 11. October 2020
Quick Facts
Santiment Network Token was introduced by the user Santiment via bitcointalk.org on 9 February 2017. The collection of real-time trading data by coinmarketcap.com subsequently began in August 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 Santiment Network Token during the first trimester of 2019 equated to over fourty k per day. Over the same period in the previous year, this figure came to nearly US$ 7.1 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$ 26.9 m. In the same time frame of 2018, this figure came to over US$ 168 m. The corresponding drop down in market capitalization equated to 84 percent.
Trading Price
The average trading price in the first trimester of 2019 equated to nearly US$ 0.45. This figure came to just under three during the same period of 2018. The price dropped accordingly by 85.1 percent.
The all-time high of Santiment Network Token in 2018
The price of the Santiment Network Token currency reached a peak in January 2018 at US$ 8.14. At this trading price, the token reached a market capitalization of over US$ 445 million. This put Santiment Network Token around certain other digital currencies, such as Basic Attention Token, Factom, PAC Global, Redd and 0x, among others.
Santiment Network Tokens 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$ 293 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 890 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 108 billion.
- Santiment Network Token (SAN): 0.445 bn US dollars
- Bitcoin (BTC): 293 bn US dollars
- Apple (AAPL): 890 bn US dollars
- VW (VWAGY): 108 bn US dollars
- Date: 5 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Santiment Network Token stood at over US$ 0.52 with a market capitalization of nearly US$ 32.6 million. Compared with the highest trading price described above, this represents a decline down to approximately 6.4 percent.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The Santiment Network Token is not a native cryptocurrency and is not generated via mining. It has no maximum number of tokens, unlike HedgeTrade, for example. If you are interested in the source code, be sure to also visit the GitHub page.
Santiment Network Token transactions currently in progress can be tracked using this block explorer, which also displays block height and other recent metrics.
Further details about Santiment Network Token, including the white paper and other links to source code, community forums and social media channels can be found on santiment.net.
Markets
USD
A large market for buying or selling Santiment Network Token in USD is Bitfinex.
BTC
A large market for buying or selling Santiment Network Token in BTC is Bitfinex.
Social Links
You can contact the Santiment Network Token team directly by going to the following social media channels:
1. Or 0.0058 percent, if omitting Bitcoin.