Creditcoin (CTC) Achieves Market Capitalization of $141.54 Million

Creditcoin (CTC) traded 2.7% higher against the dollar during the twenty-four hour period ending at 7:00 AM ET on January 24th. Creditcoin has a total market cap of $141.54 million and approximately $20.19 million worth of Creditcoin was traded on exchanges in the last 24 hours. One Creditcoin coin can currently be bought for about $0.28 or 0.00000310 BTC on exchanges. In the last week, Creditcoin has traded 1.2% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• IOTA (MIOTA) traded down 0.2% against the dollar and now trades at $0.0884 or 0.00000099 BTC.
• Pax Dollar (USDP) traded down 0% against the dollar and now trades at $1.00 or 0.00001115 BTC.
• Electroneum (ETN) traded up 1.8% against the dollar and now trades at $0.0013 or 0.00000001 BTC.
• The Transfer Token (TTT) traded 18.6% lower against the dollar and now trades at $0.0030 or 0.00000003 BTC.
• Verasity (VRA) traded 4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Meter Governance (MTRG) traded 1.1% higher against the dollar and now trades at $0.0331 or 0.00000037 BTC.
• SOLVE (SOLVE) traded up 0.4% against the dollar and now trades at $0.0002 or 0.00000000 BTC.

About Creditcoin

Creditcoin (CTC) uses the hashing algorithm. Its genesis date was April 4th, 2019. Creditcoin’s total supply is 549,564,264 coins and its circulating supply is 510,507,831 coins. Creditcoin’s official Twitter account is @creditcoin and its Facebook page is accessible here. The Reddit community for Creditcoin is https://reddit.com/r/creditcoin and the currency’s Github account can be viewed here. The official website for Creditcoin is creditcoin.org. The official message board for Creditcoin is creditcoin.org/blog.

According to CryptoCompare, “Creditcoin is a decentralized credit network that aims to make the bridge between investors and fundraisers. The platform will allow miners (investors) to earn the platform tokens by providing capital to clients, on the other hand, the clients will raise capital by paying Creditcoin to the miners. As the whitepaper reads:”An investment in the Creditcoin network will start by matching offers from investors and fundraisers. A fundraiser will post seeking an amount, interest rate, and collateral. Additionally, the fundraiser will add some amount of Creditcoin to the offer. If is there an investor with matching conditions, the fundraiser and the investor announce the deal to the Creditcoin network. The system verifies the deal's completion by confirming the exchange of collateral and investment. Once validated, the system sends the CreditCoin attached to the investment to the investor.”Furthermore, miners will be able to select credit history parameters to be protected against various risk models.”

Creditcoin Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Creditcoin directly using U.S. dollars. Investors seeking to acquire Creditcoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Creditcoin using one of the exchanges listed above.

CTC/USD price chart by TradingView