Vertcoin (VTC) experienced a slight decline, trading at approximately $0.0741 against the U.S. dollar as of 7:00 AM ET on January 16, 2024. Over the past day, the cryptocurrency fell by 1.9%, while its performance over the last week has shown a modest increase of 1.9% against the same benchmark. This fluctuation arrives amidst a backdrop of low trading volume, with just $15.18 thousand worth of Vertcoin exchanged on various platforms in the last 24 hours.
Market Overview and Performance Metrics
Vertcoin currently holds a total market capitalization of $5.46 million, reflecting its position within the broader cryptocurrency market. The coin is categorized as a proof-of-work (PoW) asset, utilizing the Lyra2REv2 hashing algorithm. Since its launch on January 10, 2014, Vertcoin has maintained a total supply of 73,638,716 coins, contributing to its trading dynamics in an increasingly competitive landscape.
Investors interested in acquiring Vertcoin should note that direct purchases with U.S. dollars are generally not available. Instead, potential buyers are advised to first acquire either Ethereum or Bitcoin through exchanges like Changelly, Gemini, or Coinbase. Once they hold these cryptocurrencies, they can then exchange them for Vertcoin on the same platforms.
Community and Resources
The Vertcoin community is active on platforms such as Reddit, where users can engage and share insights at reddit.com/r/vertcoin. Additional resources, including the official website at vertcoin.org, provide comprehensive information about the currency’s features and updates. For ongoing news, users can follow Vertcoin’s official Twitter account at @vertcoin and access their message board at medium.com/vertcoin-blog.
As the cryptocurrency market continues to evolve, monitoring the performance and trading activity of coins like Vertcoin remains crucial for investors looking to make informed decisions.
