Vertcoin VTC Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Vertcoin is a relatively large cryptocurrency. On 1 October 2020, it had a market capitalization of nearly US$ 12.5 million, meaning it had captured less than 0.01 percent of the market for crypto assets.¹^|2 It has the ticker symbol VTC.

The user known as etang6000 announced the launch of Vertcoin on 15 March 2017 at bitcointalk.org. coinmarketcap.com subsequently launched the tracking of real-time trading data in February 2014.

http://vertcoin.org

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 Vertcoin during the first trimester of 2019 was over two m per day. Over the same time frame the year before, this figure came to nearly five m. The trading volume retraced by 59.1 percent accordingly.

For the first trimester of 2019, the average market capitalization was nearly US$ 17.4 m. In the same period of 2018, this figure came to over US$ 167 m. Market capitalization dropped down accordingly by 89.6 percent.

Trading Price

The average trading price during the first trimester of 2019 was nearly US$ 0.39. This figure came to just under US$ 4.20 during the same period of 2018. The price dropped accordingly by 90.8 percent.

The all-time high of Vertcoin in 2017

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

The Vertcoin currency reached a high in December 2017 at over US$ 10.5. At this trading price, the coin reached a market capitalization of nearly US$ 342 million. This put Vertcoin in the ballpark of certain other digital currencies, such as Ark, SALT, Augur, QASH and Decred, among others.

Vertcoins 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$ 239 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 873 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 98 billion.

Vertcoin (VTC): 0.342 bn US dollars
Bitcoin (BTC): 239 bn US dollars
Apple (AAPL): 873 bn US dollars
VW (VWAGY): 98 bn US dollars
Date: 6 December 2017

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Vertcoin stood at over US$ 0.42 with a market capitalization of nearly twenty million US dollars. This is a decline down to approximately 4 percent compared with the peak trading price stated above.

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 Vertcoin is a native coin and is generated through mining. Its maximum number of coins is exactly 84 million. If you are interested in the source code, be sure to also visit the GitHub page.

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

To find out more about Vertcoin, download the white paper or find more links to community forums, source code and social media channels, visit http://vertcoin.org.

Markets

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

EUR

The trading platforms for buying or selling Vertcoin in EUR are Bitvavo and Bittylicious.

USD

The trading platforms for buying or selling Vertcoin in USD are Dove Wallet and Dove Wallet.

BTC

There are a number of platforms where you can buy or sell Vertcoin, including VCC Exchange, Bittrex and CoinEgg, among others.

^{1. This figure changes to 0.0084 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}