VeriCoin Price Tops $0.93 on Major Exchanges (VRC)

VeriCoin (CURRENCY:VRC) traded 6.9% higher against the U.S. dollar during the 24 hour period ending at 17:00 PM ET on February 14th. One VeriCoin coin can currently be purchased for about $0.93 or 0.00009864 BTC on major cryptocurrency exchanges including Bittrex, Cryptopia, Livecoin and CoinEgg. VeriCoin has a market capitalization of $28.61 million and approximately $406,212.00 worth of VeriCoin was traded on exchanges in the last 24 hours. Over the last week, VeriCoin has traded up 11.2% against the U.S. dollar.

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

  • SaluS (SLS) traded up 8.8% against the dollar and now trades at $50.34 or 0.00534441 BTC.
  • ECC (ECC) traded up 8% against the dollar and now trades at $0.0020 or 0.00000021 BTC.
  • PoSW Coin (POSW) traded up 12.2% against the dollar and now trades at $0.69 or 0.00007319 BTC.
  • OKCash (OK) traded up 4.6% against the dollar and now trades at $0.28 or 0.00002956 BTC.
  • Linda (LINDA) traded 12.9% higher against the dollar and now trades at $0.0022 or 0.00000023 BTC.
  • Profile Utility Token (PUT) traded 14.3% higher against the dollar and now trades at $0.85 or 0.00008982 BTC.
  • LoMoCoin (LMC) traded 7.7% higher against the dollar and now trades at $0.0779 or 0.00000827 BTC.
  • Gambit (GAM) traded up 6.7% against the dollar and now trades at $12.67 or 0.00135840 BTC.
  • Sphere (SPHR) traded up 4.3% against the dollar and now trades at $3.87 or 0.00041019 BTC.
  • RussiaCoin (RC) traded down 1% against the dollar and now trades at $1.18 or 0.00012527 BTC.

VeriCoin Profile

VRC is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on June 7th, 2014. VeriCoin’s total supply is 30,799,158 coins. VeriCoin’s official Twitter account is @VeriCoin. The Reddit community for VeriCoin is /r/vericoin and the currency’s Github account can be viewed here. The official website for VeriCoin is www.vericoin.info. VeriCoin’s official message board is www.vericoinforums.com.

According to CryptoCompare, “VRC is designed to reduce the PoW phase and enter PoS phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase is designed to finish after the first few weeks of launch – 10/05/2014. The PoS interest rate is dynamic and depends on how much the coin is held and staked in the PoS. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoS interest is gained through transaction fees which are also distributed to the Vericoin fund – to aid in development and promotion of the currency. There was no premine. “

VeriCoin Coin Trading

VeriCoin can be bought or sold on these cryptocurrency exchanges: Poloniex, CoinEgg, Bittrex, Bleutrade, Cryptopia and Livecoin. It is not possible to purchase VeriCoin directly using U.S. dollars. Investors seeking to acquire VeriCoin must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase VeriCoin using one of the exchanges listed above.

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