Upfiring UFR Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Upfiring is a medium-sized cryptocurrency. At the beginning of October 2020, it had a market capitalization of nearly US$ 1.6 million, accounting for less than 0.01 percent of the digital currency market.¹^|2 It has the ticker symbol UFR.

Upfiring was introduced by the user CoinFarmer via bitcointalk.org on 2 October 2017. coinmarketcap.com subsequently launched the logging of real-time trading data in December 2017.

upfiring.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, the average trading volume of Upfiring during the first trimester of 2019 equated to just under sixteen k per day. Over the same time frame in 2018, this figure came to just under US$ 182 k. The trading volume dropped by 91.2 percent accordingly.

For the first trimester of 2019, the average market capitalization equated to over US$ 1.9 m. This figure came to over US$ 8.4 m during the same time frame in the previous year. Market capitalization dropped down accordingly by 77 percent.

Trading Price

The average trading price in the first trimester of 2019 equated to over US$ 0.10. In the same time frame of 2018, this figure came to nearly US$ 0.63. The price dropped accordingly by 83.3 percent.

The all-time high of Upfiring in 2018

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

The Upfiring currency climbed to a high in January 2018 at US$ 2.86. At this trading price, the token reached a market capitalization of over US$ 37.1 million. This put Upfiring in the ballpark of certain other digital currencies, such as Solaris, FedoraCoin, Metrix Coin, ATBCoin and Radium, among others.

Upfirings 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$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.

Upfiring (UFR): 0.037 bn US dollars
Bitcoin (BTC): 245 bn US dollars
Apple (AAPL): 887 bn US dollars
VW (VWAGY): 109 bn US dollars
Date: 9 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Upfiring stood at US$ 0.066184 with a market capitalization of over US$ 1.4 million. In comparison with the highest trading price described above, this represents a drop down to approximately 2.3 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 Upfiring-Token is not a native digital currency and is not generated via mining. It has no maximum number of tokens, unlike Basic Attention Token, for example.

Block height and other recently updated statistics around current Upfiring transactions can be traced through this block explorer.

To delve deeper into the world of Upfiring, download the white paper or find more links to community forums, source code and social media accounts, visit upfiring.com.

Markets

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

USD

A large market for buying or selling Upfiring in USD is Bitfinex. One Additional trading platform for buying or selling Upfiring in USD is Fatbtc.

BTC

There are a number of platforms where you can buy or sell Upfiring, including YoBit and STEX.

^{1. This figure changes to 0.0011 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}