Penny For Bit
1. Summary
- Description
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Penny For Bit
Penny For Bit
The Penny For Bit project is named after the historical British coin known as the penny, which originated from the Carolingian denarius. It was first introduced in the 8th century and functioned as the smallest denomination in the British currency system. The penny symbol, commonly denoted by the abbreviation p, represents a long history of monetary value that has evolved over time. The project name incorporates the penny symbol to represent the smallest but yet significant units of digital value in the modern financial landscape.
The penny has historically been associated with substantial purchasing power, especially during its early days as a silver coin. Despite a notable decline in its value due to inflation, the penny remains significant in cultural contexts, representing a significant amount of money in the digital realm.
Features
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Digital Representation: The Penny For Bit project aims to establish a digital equivalent of the traditional penny, allowing for seamless transactions and definition in the digital currency space.
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Cultural Significance: This project honours the historical and cultural significance of the penny, iterating on its value in a digital context.
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Security: It ensures the highest security standards for digital transactions, preventing the potential abuse of vulnerable digital equivalents.
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Inclusivity: This digital platform aims to provide equal opportunity for participation and access to financial services to everyone, emulating the democratic nature of the penny as a widely used and accessible coin.
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Ease of Use: By leveraging digital technology, the Penny For Bit project simplifies transactions and financial interactions, making digital currencies more user-friendly.
Core Principle
By combining the idea of the traditional penny with modern digital technology, the Penny For Bit project seeks to create a new standard for digital value and transaction, eventually becoming an integral part of the digital financial infrastructure.
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| Price | |
| 52W High price | $0.36 |
| 52W High date | 12th Jul 2021 (3 years ago) |
| All Time High (ATH) Date | 25th Aug 2024 (2 months ago) |
| All Time Low (ATL) Date | 25th Aug 2024 (2 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1.00 |
How does Penny For Bit's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
25.9%
Similar Market Cap
We're monitoring 1 Penny For Bit GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Penny For Bit Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 112
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 5 |
Top Developers 2024
In total, 1 developers have contributed to Penny For Bit over the past year. Who are the most active Penny For Bit developers, by commits, over the past year?
Related Projects
Developers working on Penny For Bit also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 9 |
| Twitter followers | 451 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://pfbproject.net/ |
|---|---|
| Explorer | https://etherscan.io/token/0x46760d2bf2f4dd5405646... |
| @PFB_Project |
What is the correct contract address for Penny For Bit?
| Ethereum | 0x46760d2bf2f4dd5405646d9b2ce7b723efe74a48 |
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Has Penny For Bit been audited for security?
No security audits found for this project.
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