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    Peercoin

    PPC

    Rank #1346

    $0.5673

    -3.48%
    24H Low$0.5509
    $0.593724H High
    24H Volume
    $23119
    All-Time High(ATH)
    $9.45
    All-Time Low(ATL)
    $0.00000002813
    Market Cap
    $16.31 M
    Fully Diluted Valuation
    $16.28 M
    Market Cap/FDV
    100.21%
    Circulating Supply
    28.75 M PPC
    Total Supply
    27.24 M PPC
    Max Supply
    28.69 M PPC
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Peercoin (PPC) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -0.36%
    24H
    $-0.02000
    -3.48%
    7D
    $+0.04000
    +6.59%
    30D
    $+0.07000
    +14.79%
    1Y
    $+0.1600
    +38.18%

    Credibility Indicators

    72.40

    Reliability Score

    Rank #1

    # 1690

    Percentile

    TOP 10%

    Live Peercoin (PPC) Price Update

    Peercoin price today is $0.5673 with a 24-hour trading volume of $23119, and as such Peercoin has a market cap of $16.31 M, giving it a market dominance of 0.00060%. The Peercoin price moved -3.48% in the last 24 hours.

    Peercoin reached its highest price on 2018-01-13 when it was trading at its all-time high of $9.45, while its lowest price was recorded on 2022-04-14 when it was trading at its all-time low of $0.00000002813. The current lowest price since the last cycle high was $0.00000002813, and the highest price since the last cycle low was $9.45. The social sentiment of Peercoin is currently Positive.

    The current circulating supply of Peercoin is $28.75 M PPC. In terms of market cap, Peercoin is currently ranked 1346.

    About Peercoin (PPC)

    The Peercoin network activated in 2012 and is one of the first cryptocurrencies to ever be released. It is responsible for inventing proof-of-stake consensus, which makes it the first efficient and sustainable public blockchain technology. Peercoin was inspired by bitcoin, and it shares much of the source code and technical implementation of bitcoin. The Peercoin source code is distributed under the MIT/X11 software license. Unlike bitcoin, Namecoin, and Litecoin, Peercoin does not have a hard limit on the number of possible coins, but is designed to eventually attain an annual inflation rate of 1%. There is a deflationary aspect to Peercoin as the transaction fee of 0.01 PPC/kb paid to the network is destroyed. This feature, along with increased energy efficiency, aim to allow for greater long-term scalability. With the same cryptographic hash function as Bitcoin (SHA-256), Peercoin is 100 times more energy efficient. Transactions in the Peercoin network are faster and cheaper. If there were not fierce competition on the cryptocurrency market, Peercoin would probably have long since become one of the most important cryptocurrencies. But in 2014 and 2015, however, there were many other interesting innovations in the cryptocurrency market that outperformed peercoin in a number of important properties. In contrast to DASH, Peercoin could not offer anonymity and the transactions in Dogecoin were even faster and cheaper than those of Peercoin. PoS technology ceased to be an advantage of peercoin and PoS continued to spread to other cryptocurrencies. The interest of the users drew it to the side of the minings on the CPUs and GPUs, then to the side of the Smart Contracts and PPC began to get a little forgotten. The Peercoin Team believes that adapting blockchains for wide scale use only through on-chain transactions will negatively aff

    FAQs

    1. What determines the price movement of Peercoin?

    There are two schools of thought in determining the price of Peercoin.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Peercoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Peercoin from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Peercoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Peercoin as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Peercoin and the cryptocurrency market as a whole.

    Peercoin Tokenomics

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    Peercoin Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-29
    $28.83 M
    43921.39 PPC
    $0.5544
    N/A
    2024-04-28
    $28.73 M
    30514.85 PPC
    $0.5496
    $0.5544
    2024-04-27
    $28.82 M
    18603.92 PPC
    $0.5298
    $0.5496
    2024-04-26
    $28.74 M
    14526.12 PPC
    $0.5575
    $0.5298