1
BTG
=
USD
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
1.19% | 6.52% | -34.21% | -44.89% | -56.82% | -45.27% |
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
1.19% | 6.52% | -34.21% | -44.89% | -56.82% | -45.27% |
1
BTG
=
USD
3
2
1
Price has increased by 42.01% in the last 1 year.
Bitcoin Gold is currently trading -61.02% below the 200-Day SMA which is $23.76.
The 14-Day Relative Strength Index (RSI) is at 57.19 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
The number of green days in the last 30 days is 5 which is 17%.
Over 83.40% of the total supply is in circulation.
Has high liquidity with 0.12287 volume to market cap ratio. The current market cap is $221.57M while the 24-hour volume is $27.23M
Year | Q1 | Q2 | Q3 | Q4 | Total |
---|---|---|---|---|---|
2017 | - | - | - | -45.38% | -45.38% |
2018 | -83.01% | -40.28% | -2.13% | -51.08% | -95.14% |
2019 | 4.80% | 101.81% | -70.95% | -31.56% | -57.96% |
2020 | 36.22% | 45.91% | -23.82% | 2.79% | 55.63% |
2021 | 402.65% | 23.00% | 1.63% | -22.09% | 389.55% |
2022 | 3.83% | -63.16% | 34.51% | -41.29% | -69.79% |
2023 | 31.05% | 9.50% | -24.88% | 68.28% | 81.42% |
2024 | 132.43% | -55.63% | 4.41% | -60.96% | -57.97% |
Average | 75.42% | 3.02% | -11.60% | -25.90% | 28.62% |
Bitcoin Gold (BTG) is a hard fork of Bitcoin that occurred on October 24, 2017 on block 419406. Bitcoin Gold changed proof-of-work algorithm [set of computer instructions] from SHA256 to Equihash rendering specialized (focused on doing one thing very well) mining equipment obsolete [no longer useful/no longer used] in an attempt to democratise [(make something available to, and controlled by, all people)] the Bitcoin mining process. BTG is extended by Lighting Network, which scales to route nearly limitless payments per second. Bitcoin Gold allows you to mine Bitcoin Gold with GPU. BTG implements a new PoW algorithm [set of computer instructions], Equihash, that makes mining decentralized (without having one central area of command) again with ASIC resistant algorithm. ASICs tend to monopolize mining to a few big players, but GPU mining means anyone can mine again restoring decentralization and independence.
Bitcoin is the leading player in the cryptocurrency market. However, it is the first cryptocurrency. Not only that, it is the most traditional one as well. There were many limitations associated with bitcoin. One such limitation is the increased centralization of Mining power in the hands of a few entities. To overcome such issues Bitcoin Gold Coin was created. It is a decentralized cryptocurrency that works on a peer-to-peer network. In this article, we will discuss the Bitcoin Gold coin in detail from its history, key features, merits, and demerits to its future.
On 24 October 2017, a hard fork of the Bitcoin network created this digital currency. The fork took place at the block height of 491,407. The new version of Bitcoin was created by the fork. The main purpose of it was so that it could be immune to specialized mining equipment called ASICs. This enables more users to take part in the mining process. They do so with the use of consumer-grade hardware.
Just like Bitcoin BTG mining is done by solving complex mathematical problems. It uses a different mining algorithm. This algorithm is known as Equihash. The best part about this algorithm is that it is crafted to resist ASIC. That means many users can take part in the mining process. They can do so with the use of GPUs or CPUs. The miners try to solve the puzzle. Once they are successfully able to work out the correct answer to the puzzle they add a new block of transactions to the blockchain. A particular amount of BTG coins is the reward that miners receive for their work.
This coin comes with a lot of features that set it apart from other cryptocurrencies. We have tried to bring to your notice some of the key characteristics of this coin. They are as under:
Equihash Algorithm
The Equihash algorithm has the following attributes:
ASIC Resistance
This feature enables the coin to have the following:
This feature fulfills the following objectives:
The coin is compatible with various wallets that support its network. This enables users to choose from a range of desktop, mobile, and hardware wallets to store and manage their coins securely.
Users who acquire this digital currency are liable to enjoy the below-mentioned advantages:
Decentralization
The coin allows a comprehensive mining process. This process encourages decentralization. The users can participate in the mining process. They use consumer-grade hardware ro do so. This helps to reduce the centralization of mining power in the hands of a few entities.
Security and Privacy
The coin uses a decentralized blockchain to ensure the security and privacy of transactions. To guarantee the integrity and confidentiality of user transactions the coin uses cryptographic algorithms.
Community Governance
This coin works on a community-driven regulatory pattern. Decisions with regards to the development and direction of the network are taken through community discussions and agreement. This helps them to be transparent. By the same token, it motivates the community to take active participation.
Accessibility
The purpose of this coin is to make mining accessible to a wide range of users. To enable more people to take part in the mining process it uses consumer-grade hardware. This will help to balance the cryptocurrency ecosystem.
Potential Risks and Challenges
Whether it is shares, mutual funds or cryptocurrencies, risks and challenges are part of investments. It is the duty of the individuals to do a detailed research before investing. We have laid down some of the main risks and uncertainties that this coin faces:
Market Volatility
It is the most common risk when we talk about cryptocurrencies. The fluctuating value of the coin can result in great gains or loss for investors.
Regulatory Uncertainty
The regulatory affairs that surround the cryptocurrency ecosystem is in its developing stage. Thus the coin has to go through the regulatory changes that can affect the coin's usage, value and its acceptance.
The cryptocurrency market is highly competitive. There are numerous digital currencies that battle for traction and adoption. The BTG has to prove itself different from the others as well as showcase its proposition in the crowded space.
Are you one of those who are interested in buying and storing this digital currency? If yes, you can follow these few easy steps.
Choice of exchange
First, choose a reputed exchange from the range of exchanges that supports this coin.
Order Placement
Finish with the necessary authentication process and place a purchase order for the desired quantity of this coin.
Wallet selection
When the purchase is done you will need to store the coin securely in a wallet. Choose from the range of desktop, mobile, or hardware Wallet.
Coin storage
The difficult part is to store your coin securely. It is advisable to follow certain safety measures like strong passwords, two-factor authentication, and keep backups or recovery phases in a safe offline location.
Just like other cryptocurrencies from the time the coin was launched, it has seen constant price fluctuations. These constant dips and highs in the prices are due to the following reasons:
The above factors have affected the price of this coin immensely. Thus it is uncertain to know the coin's future cost. As a matter of fact, it is advisable to conduct proper research and consider all the uncertainties before going for investments.
The coin has a bright future ahead. We can say that because of the following rationales, it will increase its adoption and user cases.
The developers are working constantly to improve the network and broaden its capabilities.
Its aim is to build partnerships and integration with various businesses, payment processors, and other cryptocurrencies.
Bitcoin Gold is planning to lead research on various agreements about blockchain. They are also working on blockchain democracy. This will foster a decentralized fiat-crypto brokerage system.
The current price of the Bitcoin Gold(BTG) is $12.65, with a current market cap $221,569,781.55.
The maximum supply of the Bitcoin Gold(BTG) is around 21M.
BTG is a ticker symbol of the Bitcoin Gold.
At the movement,17.51M Bitcoin Gold tokens are already in the market out of 17.51M BTG.
There are many options for buying crypto, and Bitcoin Gold can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Bitcoin Gold. It's a quick, easy, and secure way to buy Bitcoin Gold(BTG).
No, It is not a stablecoin.
Bitcoin Gold had an all-time low of $2.54.
Bitcoin Gold had an all-time high of $539.72.
Jack Liao is the founder of the Bitcoin Gold(BTG) blockchain.
Yes, the Bitcoin Gold(BTG) coin can be mined.
The current Bitcoin Gold price is $12.65. In the last 24 hours, Bitcoin Gold price has gone up by 6.52%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Bitcoin Gold price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Bitcoin Gold at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging BTG against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Bitcoin Gold can be earned or received in various ways. BTG considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the BTG, including BTG to PHP, BTG to INR, BTG to NGN, BTG to THB, BTG to CAD, BTG to PKR, BTG to IDR , BTG to EUR , BTG to AUD , BTG to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 BTG is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like BTG to MYSTERY, BTG to ADA, BTG to TFUEL, BTG to DOGE, BTG to PROM, BTG to XRP, BTG to MAJOR, BTG to BTC, BTG to AVA, BTG to STG .
Bitcoin Gold price today is $12.65 USD, which is Up by 6.52% over the last 24 hours. There has been an hourly Rise by 1.19%. Bitcoin Gold's market cap currently sits at $221,569,781.55 USD, holding up for a market cap rank at #279. The volume were at $27,225,266.84 USD Bitcoin Gold ranks no 279 in the market capitalization of Bitcoin Gold is at $221,569,781.55 and its volume for 24 hours is $27,225,266.84. Bitcoin Gold are under circulation, with total supply of 17.51M and the Maximum supply of 21M.
BTG Price | $12.65 |
Percentage Change ( 24h ) | ▲6.52% $2.16 |
24h High / Low | $13.96 / $11.79 |
Trading Volume 24h | $27,225,266.84 |
Volume / Market Cap | 0.12287 |
Market Dominance | 0.01% |
Market Rank | 279 |
Market Cap | $221,569,781.55 |
Fully Diluted Market Cap | $265,672,359.99 |
All Time High | $539.72 ▼97.66% |
All Time Low | $2.54 ▲398.71% |
Circulating Supply | 17,513,924 BTG |
Total Supply | 17,513,924 BTG |
Max Supply | 21,000,000 BTG |