Bytecoin (BCN) Corner

Summary & Background

Bytecoin is one of the first privacy-first cryptocurrencies, launched in 2012. It is a pioneer in the implementation of the CryptoNote protocol, before the emergence of coins like Monero.

Its technical advantages include the use of ring signatures and unlinkable addresses, which make transactions untraceable and obscure the identities of senders and recipients.

Bytecoin has a new block approximately every 2 minutes, and the implementation of the CryptoNight algorithm designed to be anti-ASIC makes it more friendly to individual GPU and CPU mining.

Current Price Data (August 2025)

Price: Approximately $0.000019 (around Rp 0.46) per BCN.

Market Capitalization: Approximately $3.5–3.6 million USD, with very low daily volume (~$134 to a few hundred USD).

Supply: Almost the entire maximum supply (~184.47 billion tokens) is in circulation (~184.06 billion).

ATH vs Now: The current price has dropped to $0.030).

Technology & Challenges

Bytecoin is recognized as a pioneer of CryptoNote. However, the project also faces challenges such as team fragmentation, lack of coordination, and several unofficial forks.

Despite attempts at rebranding and building a public API, Bytecoin's momentum and global adoption are still very limited compared to Monero or Zcash.

Prediction & Outlook

According to analysis from Changelly:

Bytecoin's performance has decreased by approximately 11% over the past month, and in the last 7 days, it has dropped by about 14%.

However, it is estimated to be in a “dip” phase — which might present a buying opportunity if you believe in the long-term potential of Bytecoin’s privacy protocol technology.

TRADING RECOMMENDATION

Recommendation: Hold/Speculative Buy

For investors interested in classic blockchain privacy technology and believe there is potential for long-term value hunting.

Seller beware: Low volume and supply dominance make it very volatile. This is not a coin for liquidity doge-style or mainstream crypto.

source: CoinMarketCap, Bitdegree, Messari, Changelly, Reddit