Woodcoin (LOG) Reaches Market Capitalization of $1.05 Million

Woodcoin (CURRENCY:LOG) traded up 6.2% against the dollar during the 1 day period ending at 8:00 AM E.T. on February 15th. Woodcoin has a market capitalization of $1.05 million and $57.00 worth of Woodcoin was traded on exchanges in the last 24 hours. One Woodcoin coin can currently be purchased for about $0.13 or 0.00001351 BTC on major cryptocurrency exchanges. During the last week, Woodcoin has traded 4.5% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Electroneum (ETN) traded up 3.3% against the dollar and now trades at $0.0742 or 0.00000766 BTC.
  • Ripio Credit Network (RCN) traded down 0.3% against the dollar and now trades at $0.19 or 0.00001927 BTC.
  • Elastic (XEL) traded up 1.2% against the dollar and now trades at $0.30 or 0.00003089 BTC.
  • Golos (GOLOS) traded up 2.9% against the dollar and now trades at $0.16 or 0.00001686 BTC.
  • Bismuth (BIS) traded 0.8% lower against the dollar and now trades at $1.74 or 0.00018000 BTC.
  • Bytecent (BYC) traded up 2.9% against the dollar and now trades at $0.87 or 0.00008972 BTC.
  • Indicoin (INDI) traded 22.7% lower against the dollar and now trades at $0.0544 or 0.00000560 BTC.

Woodcoin Coin Profile

Woodcoin (LOG) uses the hashing algorithm. Its launch date was October 21st, 2014. Woodcoin’s total supply is 8,035,193 coins. The official website for Woodcoin is woodcoin.org. Woodcoin’s official Twitter account is @woodcoin_jp.

According to CryptoCompare, “Woodcoin distribution is designed to more closely model renewable resources than nonrenewable.  The money supply curve is designed for stability and longevity. WoodCoin, or LOG, has a hard cap to the coin supply thrpugh Proof of Work of just over 27 million. “

Buying and Selling Woodcoin

Woodcoin can be purchased on the following cryptocurrency exchanges: C-CEX. It is not presently possible to buy Woodcoin directly using U.S. dollars. Investors seeking to trade Woodcoin must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Woodcoin using one of the exchanges listed above.

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