XOVBank
Last modified on 11. October 2020
Quick Facts
The user known as xov introduced XOVBank on 24 July 2018 at bitcointalk.org. The collection of real-time trading data by coinmarketcap.com subsequently started in September 2018.
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, XOVBank had an average trading volume of over US$ 22 k per day for the first trimester of 2019.
The average market capitalization during the first trimester of 2019 was nearly US$ 304 k.
Trading Price
The all-time high of XOVBank in 2019
The price of the XOVBank currency climbed to a high in February 2019 at US$ 0.008109. The equivalent market capitalization of the token reached just under US$ 672 thousand. This put XOVBank in the ballpark of certain other digital currencies, such as BitCrystals, Essentia, 0xBitcoin, Adshares and OWNDATA, among others.
XOVBanks 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$ 64 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 804 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 83 billion.
- XOVBank (XOV): 0.001 bn US dollars
- Bitcoin (BTC): 64 bn US dollars
- Apple (AAPL): 804 bn US dollars
- VW (VWAGY): 83 bn US dollars
- Date: 15 February 2019
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of XOVBank stood at US$ 0.003241 with a market capitalization of over US$ 360 thousand. This is a retracement down to approximately 40 percent compared 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 XOVBank-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.
Block height and other real-time statistics around current XOVBank transactions can be traced through this block explorer.
Additional details about XOVBank, including the white paper and other links to source code, community forums and social media channels can be found on http://xov.io.
Markets
BTC
One trading platform for buying or selling XOVBank in BTC is Mercatox.