Feathercoin (FTC) Reaches Market Capitalization of $38.91 Million

Feathercoin (CURRENCY:FTC) traded up 1.4% against the U.S. dollar during the 1 day period ending at 16:00 PM E.T. on April 9th. One Feathercoin coin can now be bought for approximately $0.20 or 0.00002975 BTC on popular exchanges including BX Thailand, Bittylicious, Cryptopia and CoinExchange. Feathercoin has a total market capitalization of $38.91 million and $1.27 million worth of Feathercoin was traded on exchanges in the last day. During the last week, Feathercoin has traded 9% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

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  • UFO Coin (UFO) traded 9.3% higher against the dollar and now trades at $0.0027 or 0.00000025 BTC.
  • GoByte (GBX) traded 5.1% lower against the dollar and now trades at $5.55 or 0.00083714 BTC.
  • Uniform Fiscal Object (UFO) traded 16.3% lower against the dollar and now trades at $0.0009 or 0.00000013 BTC.
  • Innova (INN) traded down 22.4% against the dollar and now trades at $0.62 or 0.00009405 BTC.
  • CrowdCoin (CRC) traded down 12.2% against the dollar and now trades at $0.47 or 0.00007043 BTC.
  • Guncoin (GUN) traded 7.3% lower against the dollar and now trades at $0.0025 or 0.00000037 BTC.
  • Sparks (SPK) traded 29.2% lower against the dollar and now trades at $0.0222 or 0.00000334 BTC.
  • IPChain (IPC) traded down 4.8% against the dollar and now trades at $0.50 or 0.00007465 BTC.

About Feathercoin

Feathercoin is a proof-of-work (PoW) coin that uses the NeoScrypt hashing algorithm. Its launch date was April 16th, 2013. Feathercoin’s total supply is 197,214,200 coins. The official message board for Feathercoin is forum.feathercoin.com. Feathercoin’s official website is feathercoin.com. The Reddit community for Feathercoin is /r/FeatherCoin and the currency’s Github account can be viewed here. Feathercoin’s official Twitter account is @feathercoin and its Facebook page is accessible here.

According to CryptoCompare, “Feathercoin is based on Litecoin, which is safeguarded from the effects of Bitcoin ASIC mining until now. It has a block reward of 200 coins and will have a total of 336 million coins. The start block reward was 80 coins and halves every 840,000 blocks. The coin has 336 million as a hard cap and the block target is 1 minute – difficulty is damped at 25%. Feathercoin is a UK Oxford based initiative and as such has a following locally with some merchants accepting the currency. The website also has its own shop where you can post and sell goods for FTC – or Feathercoins. “

Buying and Selling Feathercoin

Feathercoin can be traded on these cryptocurrency exchanges: Bittylicious, LiteBit.eu, Cryptopia, Bittrex, CoinExchange and BX Thailand. It is not possible to buy Feathercoin directly using US dollars. Investors seeking to trade Feathercoin must first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Feathercoin using one of the exchanges listed above.

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