About Bitgesell
Bitgesell (BGL) is a cryptocurrency launched in 2020. Bitgesell has a current supply of 16,414,415.36674842 with 16,157,930.35674842 in circulation. The last known price of Bitgesell is 0.05869184 USD and is up 0.99 over the last 24 hours. It is currently trading on 21 active market(s) with $4,261.90 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
$942,102.17
FDV
$1,224,423.25
Circulating Supply
16,157,930.357 BGL
Max Supply
21,000,000 BGL
Total Supply
16,414,415.367 BGL
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$3,819.94
3.45%
Volume (7D)
$25,870.27
Volume (30D)
$107,454.21
All time high
$6.30
Overall Price Change (1Y)
-0.57%
Additional info about Bitgesell
Recent trends
The price of Bitgesell has increased by 0.38% in the last hour and decreased by 3.07% in the past 24 hours. Bitgesell’s price has also risen by 3.14% in the past week. The current price is $0.0583 per BGL with a 24-hour trading volume of $3.82K. Currently, Bitgesell is valued at 99.07% below its all time high of $6.30. This all-time high was the highest price paid for Bitgesell since its launch. The current circulating supply of Bitgesell is 16,157,930.357 BGL which means that Bitgesell has as total market cap of $942,102.17.
Market details
BGL vs markets
↘ 66.43%
BGL vs BTC
↘ 72.26%
BGL vs ETH
↘ 27.82%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0583 | ↘ 3.07% |
1 Day | $0.0602 | ↘ 3.07% |
1 Week | $0.0590 | ↗ 3.14% |
1 Month | $0.0487 | ↗ 19.60% |
1 Year | $0.13 | ↘ 56.59% |
FAQ
Bitgesell (BGL) is a digital currency that draws inspiration from Bitcoin, with a focus on enhanced features and efficiency. It is a decentralized cryptocurrency that operates on peer-to-peer technology, with no central authority managing transactions or issuing currency. Bitgesell is characterized by its SegWit implementation, smaller block weight compared to Bitcoin, and a scarcity rate due to annual halving. It also utilizes the Keccak hashing algorithm for improved efficiency and burns 90% of transaction fees. Bitgesell strives to enhance its speed, efficiency, and scarcity compared to Bitcoin, positioning itself as a digital store of value with a highly deflationary model.
Bitgesell operates on a decentralized network, enabling instant payments to anyone, anywhere in the world. It uses peer-to-peer technology to manage transactions and issue currency collectively by the network. Bitgesell's technical specifications include a block weight of 400KB, which is smaller than Bitcoin's, allowing for sufficient transaction throughput and competitive transaction mempool. This smaller block size also helps keep the blockchain compact, reducing storage requirements. Bitgesell also implements a process called halving, which reduces the rewards of mining crypto after each set of 210,000 blocks is mined, ensuring that the amount of currency in circulation does not increase exponentially.
Bitgesell seeks to provide a digital store of value, with a highly deflationary model that burns 90% of all transaction fees and decreases block size. This positions it as a potential digital store of value. Bitgesell combines the concept of "freigeld" and gold as traditional stores of value, adding more properties of digital gold through gradually increasing scarcity over time. This positions it as a potential tool for those seeking a digital asset that mimics the scarcity and value preservation characteristics of gold, but with the added benefits of digital currencies, such as instant global transactions.
Bitgesell is a community-driven project with no company behind it. It was created as a coin inspired by Bitcoin but with enhanced features aimed at improving efficiency and scarcity. The name Bitgesell is in honor of Silvio Gesell, a German merchant, theoretical economist, social activist, anarchist, and founder of Freiwirtschaft. Bitgesell was designed with an emphasis on deflationary aspects, compared to Bitcoin, burning 90% of all transaction fees and decreasing block size. Over time, Bitgesell has incorporated features such as SegWit implementation, a smaller block weight compared to Bitcoin, and a scarcity rate due to annual halving.
We update our Bitgesell to USD currency in real-time. Get the live price of Bitgesell on Coinbase.
The current market cap of Bitgesell is $942.10K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bitgesell is $6.30. This all-time high is highest price paid for Bitgesell since it was launched.
Over the last 24 hours, the trading volume of Bitgesell is $3.82K.
Assets that have a similar market cap to Bitgesell include DSLA Protocol, QnA3.AI, Ertha, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bitgesell is 16 million.
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Social stats
Popularity in posts
#3367
Contributors
10
Posts
32
% About Bitgesell
0.008%
Hold times
0 days
X (Twitter)
55% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
10 unique individuals are talking about Bitgesell and it is ranked #3,367 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bitgesell has an average sentiment score of 67 out of 5. Finally, Bitgesell is becoming less newsworthy, with 0 news articles published about Bitgesell.
On Twitter, people are mostly bullish about Bitgesell. There were 55% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Bitgesell. 45% of tweets were neutral about Bitgesell. These sentiments are based on 16 tweets.
On Reddit, Bitgesell was mentioned in 0 Reddit posts and there were 0 comments about Bitgesell. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.