Peercoin

PPC Price

What is Peercoin about?

Peercoin is a cryptocurrency network launched in 2012, among the first cryptocurrencies to be released. It pioneered the proof-of-stake consensus mechanism, offering an efficient and sustainable public blockchain technology. Drawing inspiration from Bitcoin, Peercoin shares much of its source code and technical implementation, operating under the MIT/X11 software license. Unlike Bitcoin, Namecoin, and Litecoin, Peercoin does not have a hard cap on the number of coins and aims for a 1% annual inflation rate. Additionally, it incorporates a deflationary element through a 0.01 PPC/kb transaction fee that is destroyed.

What makes Peercoin unique?

Peercoin stands out as the first cryptocurrency to use proof-of-stake consensus, which is more energy-efficient than proof-of-work. Utilizing the SHA-256 cryptographic hash function, similar to Bitcoin, Peercoin achieves 100 times greater energy efficiency. Its transactions are faster and cheaper compared to other cryptocurrencies. Although it faced competition from cryptocurrencies like DASH and Dogecoin, which offered features such as anonymity and faster transactions, Peercoin remains committed to decentralization and security.

What's the history of Peercoin?

Launched in 2012, Peercoin was one of the first cryptocurrencies after Bitcoin. It introduced the proof-of-stake consensus mechanism, a significant advancement in blockchain technology. Over time, other cryptocurrencies adopted similar technologies and added new features, somewhat overshadowing Peercoin. Nevertheless, Peercoin has maintained its focus on decentralization and security, evolving into a base layer settlement network.

What's next for Peercoin?

The Peercoin Team is developing second-layer protocols and sub-networks to enhance functionality without compromising decentralization. This strategy aims to position Peercoin as a secure and censorship-resistant base layer for a blockchain-connected world. The team prioritizes preserving and maximizing decentralization to ensure the network's security and scalability for future applications.

What can Peercoin be used for?

Peercoin serves as a secure and censorship-resistant base layer for various applications. It facilitates transactions, functions as a store of value, and provides a foundation for second-layer protocols. The network's emphasis on decentralization and security makes it ideal for securing different forms of value and enabling high-speed, low-cost transactions through its second-layer solutions.

Where can you buy Peercoin?

PPC tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Peercoin is MEXC, where the most active trading pair PPC/USDT has a trading volume of $10,595.17 in the last 24 hours. Other popular options include Uniswap V2 (Ethereum) and Uniswap V3 (Ethereum).

What is the daily trading volume of Peercoin (PPC)?

The trading volume of Peercoin (PPC) is $11,138.03 in the last 24 hours, representing a 75.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Peercoin (PPC)?

Peercoin (PPC) reached an all-time high of $9.45 and an all-time low of $0.0₇2813. It’s now trading -93.70% below that peak and 2,114,512,521.10% above its lowest price.

What is the market cap of Peercoin (PPC)?

Market capitalization of Peercoin (PPC) is $18,068,704 and is ranked #963 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PPC tokens (30 Million tokens are tradable on the market today).

What is the fully diluted valuation of Peercoin (PPC)?

The fully diluted valuation (FDV) of Peercoin (PPC) is $18,068,808. This is a statistical representation of the maximum market cap, assuming total number of 30 Million ETH tokens are in circulation today.

How does the price performance of Peercoin compare against its peers?

With a price increase of 73.60% in the last 7 days, Peercoin (PPC) is outperforming the global cryptocurrency market which is up 13.70%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 14.60%.

How to add Peercoin (PPC) to MetaMask?

Adding Peercoin (PPC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PPC as a token. You can copy PPC’s contract address (0x044d078f1c86508e13328842cc75ac021b272958) and import it manually, or if you've installed MetaMask's chrome extension, add PPC to MetaMask with one click on CoinGecko.

Add PPC to MetaMask.