About Primecoin
Primecoin (XPM) is a cryptocurrency . Users are able to generate XPM through the process of mining. Primecoin has a current supply of 53,510,100.63725155. The last known price of Primecoin is 0.02913798 USD and is down -0.16 over the last 24 hours. It is currently trading on 6 active market(s) with $1,596.56 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
$1,524,391.11
FDV
Not enough data
Circulating Supply
53,533,673.821 XPM
Max Supply
Not enough data
Total Supply
53,533,673.821 XPM
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$291.29
-0.08%
Volume (7D)
$2,481.64
Volume (30D)
$15,837.46
All time high
$7.58
Overall Price Change (1Y)
0.14%
Additional info about Primecoin
Recent trends
The price of Primecoin has increased by 0.06% in the last hour and decreased by 2.83% in the past 24 hours. Primecoin’s price has also fallen by 4.44% in the past week. The current price is $0.0285 per XPM with a 24-hour trading volume of $291.29. Currently, Primecoin is valued at 99.62% below its all time high of $7.58. This all-time high was the highest price paid for Primecoin since its launch. The current circulating supply of Primecoin is 53,533,673.821 XPM which means that Primecoin has as total market cap of $1,524,391.11.
Market details
XPM vs markets
↘ 11.83%
XPM vs BTC
↘ 26.92%
XPM vs ETH
↗ 89.43%
Tags
mineable
pow
multiple-algorithms
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0285 | ↘ 2.83% |
1 Day | $0.0294 | ↘ 2.83% |
1 Week | $0.0298 | ↘ 4.44% |
1 Month | $0.0305 | ↘ 6.57% |
1 Year | $0.0249 | ↗ 14.35% |
FAQ
Primecoin (XPM) is an innovative cryptocurrency, a digital currency secured through cryptography and issued via a decentralized mining market. Primecoin relies on peer-to-peer technology and operates with no central authority; thus, the platform collectively carries out the issue of funds and managing transactions.
The platform is derived from Bitcoin, which utilizes a unique mechanism based on prime numbers and scientific computing. The mechanism also enables the platform to process payment transactions at a great pace. Primecoin relies on peer-to-peer technology and operates with no central authority; thus, the issue of money and managing transactions are collectively carried out by the platform.
The Primecoin network utilizes a proof-of-work mechanism that provides security and minting to the network. Minting refers to validating information, creating a new block, or recording data on the blockchain. The mechanism also generates a unique form of special prime number chains of interest to the mathematical research, and the network becomes more energy-multiuse.
XPM is the official cryptocurrency of the Primecoin platform. The user can mine XPM tokens and trade the tokens with trustworthy markets. The user has to download and install the Primecoin wallet to the PC or Linux computer to start mining the coins.
The Prime chain is also connected to the block hash function to ensure the security property of Bitcoin. At the same time, a simultaneous scheme of difficulty evaluation allows the prime chain to act as adjustable-difficulty, proof-of-work in a cryptocurrency. Furthermore, work needs to be verified by all the nodes in the network to act as proof-of-work for cryptocurrency. The primes should not be too large as it becomes harder to find a prime chain as the chain length increases. Therefore, the Primecoin utilizes a Cunningham chain of the first and second kind, and bi-twin chain and the primes in the prime chain are subjected to maximum size protocol, which ensures efficient verification through all nodes.
As per its whitepaper published on July 7th, 2013, Sunny King is the official founder of the Primecoin platform.
We update our Primecoin to USD currency in real-time. Get the live price of Primecoin on Coinbase.
The current market cap of Primecoin is $1.52M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Primecoin is $7.58. This all-time high is highest price paid for Primecoin since it was launched.
Over the last 24 hours, the trading volume of Primecoin is $291.29.
Assets that have a similar market cap to Primecoin include GAM3S.GG, Cocos-BCX, BNBXBT, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Primecoin is 54 million.
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Social stats
Popularity in posts
#1734
Contributors
73
Posts
139
% About Primecoin
0.016%
Hold times
0 days
X (Twitter)
98.89% bullish
Sentiment
4.8 ★
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
73 unique individuals are talking about Primecoin and it is ranked #1,734 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Primecoin has an average sentiment score of 96 out of 5. Finally, Primecoin is becoming less newsworthy, with 0 news articles published about Primecoin.
On Twitter, people are mostly bullish about Primecoin. There were 99.03% of tweets with bullish sentiment compared to 0.14% of tweets with a bearish sentiment about Primecoin. 0.97% of tweets were neutral about Primecoin. These sentiments are based on 101 tweets.
On Reddit, Primecoin was mentioned in 30 Reddit posts and there were 20 comments about Primecoin. 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.