Peercoin (PPC)

Peercoin ranks #142 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #936: 794 of the 935 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1170 non-native assets CoinSpectrum lists above it by market cap, about 69% are tokens, 23% are claims on other assets and 8% are memecoins.

CoinSpectrum GradeB · 72/100 · provisional
Rank among cryptocurrencies#142
Rank counting claims#936
Market capitalisation$11M
Price$0.3441
Circulating supply30,517,668 PPC
Maximum supplyno fixed cap
Consensus familyHybrid
Consensus mechanismSHA-256 PoW + PoS
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger
Launch distributionNo premine

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

B — 72 out of 100, provisional (from 17 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 60 to 78 (C to A).

CriterionScoreBasis
Leading Consensus Mechanisms (Source)4.5group average
Consensus: leader ladder4.5Hybrid: 4.5 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder4.5Hybrid: 4.5 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)8.2group average, 9 of 12 measured
Sound Money Properties (6 checks) (Source)94.5 of 5 points, 1 not yet measured source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)4.9no fixed maximum; 30.5 million in circulation: supply scale 9.8, cap 0
Durability (Sustainability · 1 Store of value)✓13 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility (Interchangeability · 3 Unit of account)✓every unit identical and worth any other
Portability (Scalability · 2 Medium of exchange)–
Divisibility (Flexibility · 3 Unit of account)✓6 decimal places, the smallest unit worth $3.4e-7
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)✓node software open source; pruned nodes validate everything
Scalability (fees, throughput, block time, block space, features)—too few measures yet source
Fees ($0.001 or less 10, $1 or more 0)–not yet measured
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)–not yet measured
Block time (10 minutes 10, less either side)9.7a block every 8.1 minutes
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)3.31 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)✗About 9-minute hybrid PoW/PoS blocks with probabilistic confirmation.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✓Inherits Bitcoin Core's -prune block pruning through its Bitcoin Core 25.2 rebase.
Light clients (Payments verified from headers · Whitepaper §8)✗Peercoin is proof of stake, so Bitcoin-style SPV cannot check the stake behind its headers, and no shipped light client verifies it; light wallets trust a server.
Security (miner pay and 7 checks)3.32.2 of 6 points, 3 not yet measured source
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)0.9about $2,283 a day
Own hashrate (Half its algorithm's largest, not merge-mined)–
Largest pool (Pool or validator under 50%)–
Largest three (Under 75% together)–
Clients (More than one maintained)✗1
Open source (Node software)✓Peercoin is maintained by a small volunteer developer team, with grants from the Peercoin Foundation but no controlling company.
Real use (1,000+ transactions a day)✗about 104 a day
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation9.5section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol-level party can freeze coins or halt the chain. source
No central team (Source)10No central team: Peercoin is maintained by a small volunteer developer team, with grants from the Peercoin Foundation but no controlling company. source
Who can mint (Source)7.1Hybrid: 7.1 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)100% of today's supply allocated at launch to founders, a company, a foundation or investors. Fair launch by Sunny King on 2012-08-19: PoW mining open from block 1, no genesis allocation, no ICO. source
Fundraising10No sale of the coin source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. PoW rewards go entirely to the miner and PoS minting rewards to stakers; no developer or foundation share in the consensus code. source
Privacy4section average
Privacy (5 checks)42 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Anyone can generate keys and receive and send coins; the consensus rules carry no identity check.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)✓
Network privacy (Origin hidden by default)✗Peercoin client (rebased on Bitcoin Core 25.2 in v0.14.6) uses Tor/I2P only if the user configures them; no Dandelion.
Hidden amounts (Amounts confidential)✗Amounts are public.
Hidden parties (Sender and receiver hidden)✗Addresses are public.
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1Bitcoin Core-derived Script; spending conditions only.
Multisig and time locks (Without a third party)✓OP_CHECKMULTISIG plus BIP65 CLTV, CSV and SegWit buried deployments in the mainnet params.
Atomic swaps (With other chains)✓HTLCs expressible with CLTV; PPC is swap-enabled in the Komodo coin list.
Native exchange (Built into the protocol)✗No exchange in the protocol.
Cross-chain messaging (Verified by the chain itself)✗No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)✗No token or NFT rules in consensus.
Supply & Demand5.2group average
Supply & Demand (Source)0.5average of 5 measures
Exchanges (10 or more: 10)0no exchange the site reads trades it
Daily volume ($10K 0, $1B or more 10)0$2 traded in 24 hours; #4267 by volume
Turnover (volume ÷ market cap, 5% a day: 10)00.00% of its market cap a day
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)0$0 within 2% of the price on 1 exchange, 0.00% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)2.6$11M, 2.6 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)9.8no fixed maximum; 30.5 million in circulation
Record8.7group average
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)1013 full years since 2013-04-28, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)62 positive, 1 negative, 1 not yet researched source
Positive
Steady work, 6 of 6✓22 commits in 1 of the last 12 months (github.com/peercoin/peercoin); Peercoin v0.15.2, released 2026-10-18 (v0.15.0 Feb 2025, v0.15.1 Jun 2025).
Shipped a security fix in two years, +1✓Peercoin v0.15.2, 18 Oct 2026: validation now rejects blocks/transactions with mismatched proof types (consensus-validation fix); v0.15.1 hardened checkpoints
Negative
Unfixed vulnerability, disclosed 2026-05-05, −1✗CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Peercoin v0.15.2ppc.
Not yet researched
Shipped a new capability for users in two years–

Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

30,517,668 PPC are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)0% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingNo sale and no investor round

Fair launch by Sunny King on 2012-08-19: PoW mining open from block 1, no genesis allocation, no ICO.

No ICO, presale or venture round; development funded by donations.

No sale of supply.

PoW rewards go entirely to the miner and PoS minting rewards to stakers; no developer or foundation share in the consensus code.

Hybrid PoW/PoS; the PoW reward floats with PoW difficulty, so 46.08 is a current reading, not a fixed era value.

Sources: github.com · blockbook.peercoin.net · bitcointalk.org · chainz.cryptoid.info. Researched 2026-10-26, high confidence.

The work behind it

No source we can reach publishes a hashrate for Peercoin.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Peercoin

Peercoin is #142 among cryptocurrencies and #936 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 794 places between Peercoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

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