Counterparty

XCP Price

What is Counterparty about?

Counterparty is a platform for user-created assets on Bitcoin. It’s a protocol, set of specifications, and an API that allows users to create and trade assets on top of Bitcoin’s blockchain. Similar to platforms like Waves or Ethereum, Counterparty enables asset creation and trading but integrates directly with Bitcoin, leveraging its security and reliability.

What makes Counterparty unique?

Counterparty avoids the term "token" in its marketing and documentation, focusing instead on digital assets of all kinds. These assets can represent anything of value or rarity, such as digital markers for physical objects, shares in a company, or reputation karma for a website. Counterparty provides the infrastructure for user-created assets on the Bitcoin blockchain, similar to how the ERC-20 protocol works on Ethereum.

What's the history of Counterparty?

Counterparty is one of the older projects in the blockchain space, launching in 2014, predating Ethereum. It was the original asset creation mechanism but has faded from prominence over the years due to the rise of the ERC-20 token standard on Ethereum.

What's next for Counterparty?

Counterparty is best suited for applications that need to interface with Bitcoin or assets with a specific connection to the Bitcoin ecosystem. While it addresses many of the same issues as Ethereum or Waves, it is not as strong a platform for development as its competitors.

What can Counterparty be used for?

Counterparty can be used to create digital assets that serve various purposes, such as markers of ownership or voting rights. For example, it can issue digital assets to company board members proportional to their voting power or to stockholders as markers of stock ownership. Additionally, Counterparty’s distribution function allows for paying dividends in BTC based on the amount of digital stock asset each person owns.

Where can you buy Counterparty?

XCP tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Counterparty (XCP)?

The 24 hour trading volume of Counterparty (XCP) is $0 which signals a drop in market activity. If you own XCP tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Counterparty (XCP)?

Counterparty (XCP) reached an all-time high of $91.13 and an all-time low of $0.1344. It’s now trading -94.40% below that peak and 3,699.60% above its lowest price.

What is the market cap of Counterparty (XCP)?

Market capitalization of Counterparty (XCP) is $13,204,250 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of XCP tokens (2.6 Million tokens are tradable on the market today).

What is the fully diluted valuation of Counterparty (XCP)?

The fully diluted valuation (FDV) of Counterparty (XCP) is $13,527,129. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.6 Million XCP tokens are in circulation today. Depending on how the emission schedule of XCP tokens are designed, it might take multiple years before FDV is realized.

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

With a price increase of 0.00% in the last 7 days, Counterparty (XCP) is outperforming the global cryptocurrency market which is down -0.70%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -1.50%.