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About Pollux Coin

Pollux Coin is a decentralized cryptocurrency that runs on a Tron blockchain network designed to store data and share files. TRON is a blockchain-based digital platform that works on the DeFi system. The currency aims to develop decentralized cloud storage data centers wherein each person can participate in and benefit from. Users can keep their data securely in the decentralized cloud storage without any interference from a third party. 

Pollux Coin seeks to act as a distributed storage facility that works on the DeFi system and is more cost-effective and efficient. This coin has brought cloud storage on a public blockchain network and is used to pay mobile recharges and utility bills and peer-to-peer exchange around the world. Cloud storage is a type of computing model that saves data on remote servers. This computing model is maintained, managed, and operated by storage servers or cloud storage service providers that are developed on virtualization techniques. 

The purpose of the whitepaper is to introduce POX tokens to potential token holders. The main goal of POX coins is to seek to offer relevant information to token holders to analyze the company with the intent of obtaining AX coins. Pollux coin aims to be an ambitious initiative that outlines a long-term vision and high popularity of cloud storage with low costs.

The Pollux coin is released through crypto minting units (CMU) in 30 phases. Minting uses the proof-of-stake mechanism to generate new coins and adds the coins to circulation for trading. A total of 50 million POX are minted and distributed between POX holders during multiple processes. Applications are deployed in a wide variety in POX because of their highly effective smart contracts and scalability. High scalability can provide support to a huge number of users. POX aims to improve the TPS to achieve high throughput.

The project head of PolluxCoin is Mr. Sachin Kumar. The currency was launched in 2020. The maximum total supply of PolluxCoin (POX) is 50,000,000 POX coins.

Market

Australia Market Stats

Market cap

-

Volume (24h)

A$8,305.30

Circulating supply

-

All time high

A$0.61

Price change (1h)

+100%

Price change (24h)

+100%

Price change (7d)

+100%

Australia News about Pollux Coin

BeInCrypto • May 02, 24

Morgan Stanley Chief Executive Leaves for Crypto

Former Morgan Stanley COO Jeremy Huff embraces blockchain's potential in new role at blockchain VC No Limit Holdings.The post Morgan Stanley Chief Executive Leaves for Crypto appeared first on BeInCrypto.

Read more

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Decrypt • May 02, 24

PayPal Expands Crypto Offerings With MoonPay Integration

PayPal has linked up with MoonPay to offer its millions of users access to over 100 cryptocurrencies

Read more

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The Block • May 02, 24

MoonPay integrates PayPal to allow US users easier access to crypto purchases and sales

MoonPay and PayPal announced today that users in the U.S. can now buy and sell more than 110 cryptocurrencies with PayPal.

Read more

News Article Image

CoinDesk • May 02, 24

Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App 'Kiosk'

Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror's team to operate as an independent company focused exclusively on social media.

Read more

News Article Image

CoinDesk • May 02, 24

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors.

Read more

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The Defiant • May 02, 24

Solana Launches GameShift API on Google Cloud

Solana has steadily deepened ties with Google Cloud since onboarding the company as a validator in November 2022.

Read more

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Pollux Coin is on the rise this week.

The price of Pollux Coin has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Pollux Coin’s price has also risen by 100.00% in the past week. The current price is A$0.56 per POX with a 24-hour trading volume of A$8.31K. Currently, Pollux Coin is valued at 7.65% below its all time high of A$0.61. This all-time high was the highest price paid for Pollux Coin since its launch.

The current circulating supply of Pollux Coin is 0 POX which means that Pollux Coin has as total market cap of 0.

FAQ

What is the current price of Pollux Coin?

We update our Pollux Coin to AUD currency in real-time. Get the live price of Pollux Coin on Coinbase.

What is the market cap of Pollux Coin?

The current market cap of Pollux Coin is A$0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Pollux Coin?

The all-time high of Pollux Coin is A$0.61. This all-time high is highest price paid for Pollux Coin since it was launched.

What is the 24 hour trading volume of Pollux Coin?

Over the last 24 hours, the trading volume of Pollux Coin is A$8.31K.

What other assets are similar to Pollux Coin?

Assets that have a similar market cap to Pollux Coin include ELYFI, Chinese Communist Dragon, Pembrock, and many others. To see a full list, see our comparable market cap assets.

How many Pollux Coin are there?

The current circulating supply of Pollux Coin is 0.

Can I buy Pollux Coin on Coinbase?

No, Pollux Coin is not currently available on Coinbase, but you can sign up to get the latest news on Pollux Coin and be notified when it gets added to our exchange.