Rank #N/A
xpm Primecoin
$ 0.02671
0.00%
0.064451 BTC
44 satoshies0.00%
Market Cap
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24 Hour Trading Vol
633.8488 $
Circulating Supply
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Total Supply
50,20 MLN.
Max Supply
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Fully Diluted Valuation
1,34 MLN. $
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Primecoin Top Markets
About Coin
Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers.
The innovative prime proof-of-work in Primecoin not only provides security and minting to the network, but also generates a special form of prime number chains of interest to mathematical research. Thus primecoin network is energy-multiuse, compared to bitcoin network. Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold. Primecoin also processes payment transactions 10x faster than bitcoin network.
All in all, Primecoin presents itself as an extremely interesting experiment; for the first time, we have a currency whose mining algorithm has a secondary value, and at the same time Primecoin, unlike so many other coins before it, actually makes serious attempts to improve on Bitcoin in unrelated aspects. Not taking into account Bitcoin’s massive headstart, Primecoin may well be the first alternative coin to actually be better than Bitcoin, giving the currency the potential for a bright future ahead.
Where is Primecoin available for purchase?
You can exchange XPM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Primecoin is XeggeX, notably the XPM/BTC pair, which saw a trading volume of $ 588.19 in the past day. Additionally, Freiexchange is popular alternative for trading tokens.
What is the highest value Primecoin (XPM) has ever reached?
Primecoin (XPM) reached its peak price at 7.27 $ on 30 November 2013, approximately 11 years ago ago. Presently, the current price is -99.63% lower than this all-time high.
What is the historical minimum price for Primecoin (XPM)?
The minimum price reached for Primecoin (XPM) was 0.007288 $, documented on 13 January 2024, more than 8 months ago. In comparison, the current price is 266.57%, it above this historical low.
What is the fully diluted valuation of Primecoin (XPM)?
The fully diluted valuation (FDV) of Primecoin (XPM) stands at $ 1,34 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of XPM tokens. The realization of this FDV might take several years depending on the emission schedule of XPM tokens.
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