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Market

Market stats

Market cap

$1.3M

Volume (24h)

$196.75

Circulating supply

49.1M XPM

All time high

$7.58

Price change (1h)

-0.58%

Price change (24h)

+3.77%

Price change (7d)

-9.86%

About Primecoin

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.

News about Primecoin

The Block • Apr 19, 24

Bitcoin price briefly trades above $65,000 ahead of halving, but investor caution persists, analyst says

Bitcoin briefly breaks out above the $65,000 mark as its halving event approaches, adding around 5% in the past 24 hours.

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Messari • Apr 19, 24

Berachain Tokenomics

Berachain, with its custom Polaris EVM and Proof-of-Liquidity model, aims to attract attention and traction in the DeFi space. The chain's dual-token system incentivizes liquidity provision, while native protocols like BEX, Berps, and Bend enhance its ecosystem. Analysts highlight the potential f...

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Bitcoin Magazine • Apr 19, 24

The Bitcoin Halving Is Happening: Supply to Drop to 3.125 BTC Today

Strong demand is pouring in to bitcoin as its new supply creation gets cut in half, forecasting higher prices to come.

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BeInCrypto • Apr 19, 24

Bitcoin Halving Alert: How Are Whales Reacting to the Upcoming Event?

With the Bitcoin halving approaching, the focus shifts to whale behavior. Market watchers analyze how major investors are positioning themselves, anticipating its historical impact on Bitcoin's price and market trendsThe post Bitcoin Halving Alert: How Are Whales Reacting to the Upcoming Event? a...

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BeInCrypto • Apr 19, 24

Banksters X AMA Session With BeInCrypto

Get ready for a special AMA session with Alexandru Carbunariu, the CEO of Banksters, hosted by BeInCrypto. Learn the ins and outs of how the trading and learning game Banksters is revolutionizing the crypto industry. Attending this AMA session is a must if you are either completely new to crypto ...

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The Block • Apr 19, 24

During Epic Games debut, crypto title ‘Nyan Heroes’ broke into top 30 most-played, recording 200,000 downloads

During its pre-alpha on the popular online gaming store, “Nyan Heroes” attracted a lot of attention from gamers.

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Primecoin is on the decline this week.

The price of Primecoin has decreased by 0.58% in the last hour and increased by 3.77% in the past 24 hours. Primecoin’s price has also fallen by 9.86% in the past week. The current price is $0.0266 per XPM with a 24-hour trading volume of $196.75. Currently, Primecoin is valued at 99.65% 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 49,139,212.94 XPM which means that Primecoin has as total market cap of 49,139,212.94.

FAQ

What is the current price of Primecoin?

We update our Primecoin to USD currency in real-time. Get the live price of Primecoin on Coinbase.

What is the market cap of Primecoin?

The current market cap of Primecoin is $1.31M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Primecoin?

The all-time high of Primecoin is $7.58. This all-time high is highest price paid for Primecoin since it was launched.

What is the 24 hour trading volume of Primecoin?

Over the last 24 hours, the trading volume of Primecoin is $196.75.

What other assets are similar to Primecoin?

Assets that have a similar market cap to Primecoin include Mars Token, Internet of Energy Network, Crust Shadow, and many others. To see a full list, see our comparable market cap assets.

How many Primecoin are there?

The current circulating supply of Primecoin is 49 million.

Can I buy Primecoin on Coinbase?

No, Primecoin is not currently available on Coinbase, but you can sign up to get the latest news on Primecoin and be notified when it gets added to our exchange.

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