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About HitChain

HitChain is a decentralized developer autonomous community developed, by the developers, for the developers. It is built to value developers' works with a transparent credit system using blockchain technology. This platform seeks to offer developers to automatically redeem the value of innovation and creativity with currency value and currency right. Being a self-governed system, the platform aims to make sure that each member has the right to participate in the community's decisions.

HitChain is a decentralized platform that seeks to embrace autonomy, democracy, transparency, and fairness without any third-party or centralized supervision. HIT token is an Ethereum-based ERC-20 token. ERC-20 can be traded for HitChain Token (HIT Token) at a one-to-one ratio once HitChain is operational.

The HitChain platform came into existence when it was observed that most hardworking developers could not earn from their contribution. Open-source is revolutionizing the software industry, and more and more companies such as IBM and Google are adopting this field. Open-source developers are the main force behind this movement. Even after all this, the developers are still at the farthest end in the value chain of the tech industry.

As per the whitepaper of HitChain, the open-source communities provide developers with tools or space for their work. Although, they still don't represent the developer's interest as they are profit-driven enterprises. Thus, HitChain comes into a picture that seeks to offer a more dynamic, democratic, and autonomous open-source ecosystem. The term HitChain is derived from Git and blockchain. Git is the open-source distributed revision control system.

The overall architecture of HitChain seeks to include four core components:

The team setup of HitChain was done in 2018. Jiang Li is the chairman and director of HitChain. He has great expertise in blockchain, cloud computing, and open-source ecology. He is responsible for the overall mechanism of HitChain. KheeJoo Tan is the director of HitChain, who has served as a technology executive in numerous transnational soft corporations. Leon Li is the director of the HitChain foundation, leading the open-source system in the HitChain team.

Market

Singapore Market Stats

Market cap

S$415,366.66

Volume (24h)

S$4,920.56

Circulating supply

61.4B HIT

All time high

0.0014184800188737085

Price change (1h)

+6.53%

Price change (24h)

-0.83%

Price change (7d)

-21.6%

Singapore News about HitChain

BeInCrypto • Apr 30, 24

Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify

Vitalik Buterin introduces new cryptographic methods, Plonky2 and Binius, utilizing smaller and binary fields to significantly speed up blockchain proof verifications.The post Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify appeared first on BeInCrypto.

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The Block • Apr 30, 24

BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund hits $375 million AUM

BlackRock's BUIDL hit $375 million assets under management, beating out Franklin Templeton's on-chain mutual fund FOBXX by nearly $7 million.

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Decrypt • Apr 30, 24

Bitcoin Is 'Only Crypto Asset' That Will Get SEC Approval for ETFs: Michael Saylor

MicroStrategy founder and chairman Michael Saylor suggests that Ethereum won't see the same kind of spot ETF approval that Bitcoin did.

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DL News • Apr 30, 24

What will push Solana back to its $260 all-time high? Three analysts weigh in

Solana is a favorite amongst memecoin traders, institutional investors, and developers.

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The Block • Apr 30, 24

Ex-Revolut exec raises $6.5 million for hybrid crypto exchange X10

Led by former Head of Crypto Ops at Revolut Ruslan Fakhrutdinov, the new platform aims to combine the best of CeFi and DeFi.

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CoinDesk • Apr 30, 24

‘It's Modding, But on Steroids’: Mark Long on the Future of Web3 Gaming

Shrapnel, a blockchain-infused first-person shooter game, is expected to be released in 2025. Its creator gives a preview to Jeff Wilser ahead of his appearance at Consensus 2024.

Read more

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HitChain Calculator

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HitChain is on the decline this week.

The price of HitChain has increased by 6.53% in the last hour and decreased by 0.83% in the past 24 hours. HitChain’s price has also fallen by 21.60% in the past week. The current price is S$0.00000676 per HIT with a 24-hour trading volume of S$4.92K. Currently, HitChain is valued at 99.52% below its all time high of S$0.0014. This all-time high was the highest price paid for HitChain since its launch.

The current circulating supply of HitChain is 61,440,000,000 HIT which means that HitChain has as total market cap of 61,440,000,000.

FAQ

What is the current price of HitChain?

We update our HitChain to SGD currency in real-time. Get the live price of HitChain on Coinbase.

What is the market cap of HitChain?

The current market cap of HitChain is S$415.37K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of HitChain?

The all-time high of HitChain is S$0.0014. This all-time high is highest price paid for HitChain since it was launched.

What is the 24 hour trading volume of HitChain?

Over the last 24 hours, the trading volume of HitChain is S$4.92K.

How many HitChain are there?

The current circulating supply of HitChain is 61 billion.

Can I buy HitChain on Coinbase?

Yes, HitChain is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy HitChain guide.