Feathercoin

FTC Price

What is Feathercoin about?

Feathercoin (FTC or ₣) is an open-source cryptocurrency, published under the MIT/X11.1 license, based on the Litecoin protocol. It was successfully forked from Litecoin on April 16, 2013, with the creation of its genesis block. As a cryptocurrency, the creation and transfer of coins are based on an open-source cryptographic protocol (the blockchain) and are not managed by any central authority. The hashing algorithm chosen for Feathercoin was NeoScrypt, a Proof-of-Work algorithm that is 25% more memory-intensive, making it less feasible for ASIC mining.

What makes Feathercoin unique?

Feathercoin's use of the NeoScrypt hashing algorithm makes it unique, as it is more memory-intensive and less susceptible to ASIC mining. This allows for easier mining using CPUs and GPUs. The Feathercoin network is designed to be faster and more secure, aiming to be a stable version of Bitcoin. Its rapid adoption and popularity soon after launch established it as a notable contender in the cryptocurrency market.

What's the history of Feathercoin?

Feathercoin was launched on April 16, 2013, by Peter Bushnell, who forked it from Litecoin. Bushnell, the main programmer, aimed to create a faster, more secure, and stable cryptocurrency. After its launch, Feathercoin quickly gained popularity and established itself in a market dominated by Bitcoin and Litecoin. Bushnell left his job as the head of IT at Brasenose College, Oxford University, a month after launching Feathercoin, relying on his Litecoin savings.

What's next for Feathercoin?

Feathercoin continues to evolve as a cryptocurrency, focusing on maintaining its position as a fast, secure, and stable digital currency. With ongoing development and community support, Feathercoin aims to remain a viable option for users seeking an alternative to Bitcoin and Litecoin.

What can Feathercoin be used for?

Feathercoin can be used for various purposes, including mining using CPUs or GPUs, due to its NeoScrypt hashing algorithm. It can be stored in digital wallets available for Android, Linux, macOS, and Windows platforms. Users are advised to download wallets from the official Feathercoin website to ensure safety and authenticity.

Where can you buy Feathercoin?

FTC tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Feathercoin is Freiexchange, where the most active trading pair FTC/BTC has a trading volume of $0.848934 in the last 24 hours.

What is the daily trading volume of Feathercoin (FTC)?

The trading volume of Feathercoin (FTC) is $5.23 in the last 24 hours, representing a 520.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Feathercoin (FTC)?

Feathercoin (FTC) reached an all-time high of BTC0.004752 and an all-time low of BTC0.0₇2000. It’s now trading -99.70% below that peak and 438.10% above its lowest price.

What is the market cap of Feathercoin (FTC)?

Market capitalization of Feathercoin (FTC) is BTC14.0772 and is ranked #3181 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FTC tokens (290 Million tokens are tradable on the market today).

What is the fully diluted valuation of Feathercoin (FTC)?

The fully diluted valuation (FDV) of Feathercoin (FTC) is BTC14.0784. This is a statistical representation of the maximum market cap, assuming the maximum number of 340 Million FTC tokens are in circulation today. Depending on how the emission schedule of FTC tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Feathercoin compare against its peers?

With a price decline of -5.40% in the last 7 days, Feathercoin (FTC) is underperforming the global cryptocurrency market which is down -3.80%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -4.60%.