XPM

XPM Primecoin

Price of 1 Primecoin today (27 July)

$ 0.03665

0.138%

Price of Primecoin (XPM)

Market Cap

‒

#11949

Trading Volume, 24h

$ 592.9

+523%

Dominance

In circulation XPM

‒

Price Min/Max

24 hrs

$ 0.0356

$ 0.0377

30 days

$ 0.0292

$ 0.039

1 year

$ 0.0197

$ 0.083

XPM Sectors:

Primecoin does not belong to any sector.

Exchanges where XPM is traded

	Exchange	Pair	Price	Volume, 24h
1	Freiexchange	XPM/BTC	$ 0.0366 ₿ 0.00000031	$ 592	Go
2	XeggeX	XPM/BTC	$ 0.0328 ₿ 0.00000031	$ 21	Go
3	XeggeX	XPM/ETH	$ 0.0331 Ξ 0.0000	$ 20	Go

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The first currency trading commenced in 7 July 2013 , and up to the present day, Primecoin (XPM) available for trading on Freiexchange and XeggeX. The maximum trading volume is observed for the trading pair XPM/BTC and reaches 614 dollars (97% of the total volume across all exchanges). During the week, the minimum price for Primecoin (XPM) is fixed on Monday at 0.0359 cents. Currently, the token Primecoin is trading in the range of 3.67 cents or 0.00000095 kopecks for 1 XPM.

Calculator XPM

XPM

USDT

1 XPM = 0.0367 USD

Full version

What is Primecoin?

Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers.

The innovative prime proof-of-work in Primecoin not only provides security and minting to the network, but also generates a special form of prime number chains of interest to mathematical research. Thus primecoin network is energy-multiuse, compared to bitcoin network. Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold. Primecoin also processes payment transactions 10x faster than bitcoin network.

All in all, Primecoin presents itself as an extremely interesting experiment; for the first time, we have a currency whose mining algorithm has a secondary value, and at the same time Primecoin, unlike so many other coins before it, actually makes serious attempts to improve on Bitcoin in unrelated aspects. Not taking into account Bitcoin’s massive headstart, Primecoin may well be the first alternative coin to actually be better than Bitcoin, giving the currency the potential for a bright future ahead.