Peercoin Price Up 22% Over Last Week (PPC)

Peercoin (PPC) traded 13.2% higher against the U.S. dollar during the one day period ending at 23:00 PM E.T. on June 23rd. One Peercoin coin can now be bought for $0.31 or 0.00001443 BTC on cryptocurrency exchanges. Peercoin has a total market cap of $8.47 million and $11,325.00 worth of Peercoin was traded on exchanges in the last day. Over the last week, Peercoin has traded up 22% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• PRIZM (PZM) traded up 6.4% against the dollar and now trades at $0.0026 or 0.00000012 BTC.
• Max Property Group (MPG) traded flat against the dollar and now trades at $0.0109 or 0.00000023 BTC.
• NuBits (USNBT) traded flat against the dollar and now trades at $0.0037 or 0.00000012 BTC.
• Tigerfinance (TIGER) traded down 5.4% against the dollar and now trades at $0.0311 or 0.00000082 BTC.
• Tiger shares (Tiger) traded down 9.9% against the dollar and now trades at $39.85 or 0.00133151 BTC.
• TIGER COIN (TIGER) traded 21.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• THECASH (TCH) traded flat against the dollar and now trades at $0.0260 or 0.00000064 BTC.
• Tchain (TCH) traded flat against the dollar and now trades at $0.0005 or 0.00000001 BTC.
• NIX Bridge Token (NBT) traded flat against the dollar and now trades at $80.59 or 0.00141480 BTC.
• Keeshond Coin (KSH) traded flat against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Peercoin

Peercoin (PPC) is a proof-of-stake (PoS) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 20th, 2012. Peercoin’s total supply is 27,612,531 coins. Peercoin’s official message board is talk.peercoin.net. Peercoin’s official Twitter account is @peercoinppc and its Facebook page is accessible here. The official website for Peercoin is www.peercoin.net. The Reddit community for Peercoin is /r/peercoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “A peer-to-peer crypto-currency design derived from Satoshi Nakamoto's Bitcoin. Proof-of-Stake replaces Proof-of-Work to provide most of the network security. Under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. The security level of the network is not highly energy-dependent thus providing an energy-efficient and more cost-competitive peer-to-peer crypto-currency. Proof-of-Stake is based on coin age and generated by each node via a hashing scheme bearing similarity to Bitcoins but over limited search space. Blockchain history and transaction settlement are further protected by a centrally broadcasted checkpoint mechanism. “

Peercoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Peercoin directly using US dollars. Investors seeking to trade Peercoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Peercoin using one of the aforementioned exchanges.