About Primecoin
Primecoin (XPM) is a cryptocurrency . Users are able to generate XPM through the process of mining. Primecoin has a current supply of 54,432,140.19863124. The last known price of Primecoin is 0.03718163 USD and is up 0.99 over the last 24 hours. It is currently trading on 6 active market(s) with $1,158.29 traded over the last 24 hours. More information can be found at
Trading Insights
Searched
7
Market Stats
Market Cap
£1.50M
FDV
£1.50M
Circ. Supply
54M XPM
Max Supply
Not enough data
Total Supply
54M XPM
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£83.90
-61.55%
Volume (7D)
£669.72
Volume (30D)
£7.05K
All time high
£5.65
Price Change (1Y)
15.2%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Primecoin has decreased by 0.88% in the last hour and decreased by 0.16% in the past 24 hours. Primecoin’s price has also risen by 4.72% in the past week. The current price is £0.0274 per XPM with a 24-hour trading volume of £83.90. Currently, Primecoin is valued at 99.51% below its all time high of £5.65. This all-time high was the highest price paid for Primecoin since its launch.
The current circulating supply of Primecoin is 54,462,542.247 XPM which means that Primecoin has as total market cap of £1,496,654.83.
Market details
XPM vs markets
↘ 29.36%
XPM vs BTC
↘ 38.01%
XPM vs ETH
↗ 16.77%
Tags
mineable
pow
multiple-algorithms
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0274 | ↘ 0.16% |
1 Day | £0.0276 | ↘ 0.16% |
1 Week | £0.0259 | ↗ 4.72% |
1 Month | £0.0241 | ↗ 13.19% |
1 Year | £0.0247 | ↗ 15.20% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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 GBP currency in real-time. Get the live price of Primecoin on Coinbase.
The current market cap of Primecoin is £1.50M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Primecoin is £5.65. 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 £83.90.
Assets that have a similar market cap to Primecoin include BIGFACTS, Super Zero Protocol, FooDriver, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Primecoin is 54 million.
Primecoin calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
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.