The VeriCoin Price Down 29.8% Over Last 7 Days (VRC)

The VeriCoin Price Down 29.8% Over Last 7 Days (VRC)

VeriCoin (CURRENCY:VRC) traded down 7% against the US dollar during the 1 day period ending at 8:00 AM ET on March 11th. One VeriCoin coin can now be bought for approximately $0.80 or 0.00008703 BTC on popular exchanges including Bittrex, CoinEgg, Poloniex and Bleutrade. Over the last seven days, VeriCoin has traded 29.8% lower against the US dollar. VeriCoin has a market cap of $24.61 million and $350,889.00 worth of VeriCoin was traded on exchanges in the last 24 hours.

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

VeriCoin Coin Profile

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VRC is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on June 7th, 2014. VeriCoin’s total supply is 30,857,859 coins. The official website for VeriCoin is The official message board for VeriCoin is 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.

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. “

Buying and Selling VeriCoin

VeriCoin can be purchased on these cryptocurrency exchanges: CoinEgg, Poloniex, Bittrex, Livecoin, Bleutrade and Cryptopia. It is not currently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase VeriCoin using one of the aforementioned exchanges.

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