Price
$0.0049
11/28/2022, 6:06:35 PM
diamondHands

Keep an eye on Axe

Get instant alerts for major price changes.

Market

Market stats

Market cap

$25,607.79

Volume (24h)

$6.61

Circulating supply

5.3M AXE

All time high

$3.33

Price change (1h)

-0.63%

Price change (24h)

+1.46%

Price change (7d)

+1.63%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Axe is on the rise this week.

The price of Axe has risen by 1.63% in the past 7 days. The price increased by 1.46% in the last 24 hours. In just the past hour, the price shrunk by 0.63%. The current price is $0.004856 per AXE. Axe is 99.85% below the all time high of $3.33.

The current circulating supply is 5,260,967.896 AXE.

About

What Is Axe (AXE)?

Axe is an open-source network with peer-to-peer cryptocurrency that focuses on the payments industry. The network offers a form of money, which is fast, portable, divisible, and inexpensive in nature and can be used securely both in-person and online against nominal transaction fees. 

Further, according to the whitepaper of the asset, the Axe network is based on the Bitcoin project and aims to be a scalable and user-friendly payment system for the world. In addition, the network also offers private and instant transaction features while operating on a self-funding and self-governing model. This, in turn, allows Axe network to payout businesses and individuals on the platform for the value they add to the network through their work. These payments made to the businesses and individuals for their work are made using AXE coin, which is the cryptocurrency of the Axe network and is denoted by its ticker AXE.

The AXE is a decentralized cryptocurrency based on an X-11 hashing algorithm. The X-11 hashing algorithm is a highly powerful crypto mining algorithm that uses 11 hashing functions to validate a block, in turn making the coin highly secure. Further, the coin reflects a faster transaction speed and has many utilities within the Axe network, they are:

  • Used for rewarding miners on the network.  

  • The coins are used for rewarding individuals and businesses running masternodes. Masternodes are governing hubs in certain cryptocurrency networks.

  • Used for collecting fees against transactions.

  • Used for facilitating transactions between two parties . 

Besides these utilities, AXE coins can be used for making payments against products and services that support cryptocurrency and can be acquired from different exchanges.   

These utilities of AXE coin, along with budgeting system and decentralized governance, have helped maintain a decentralized autonomous organizational structure (DAO) for the network.

History of Axe (AXE)

The AXE is an experimental cryptocurrency built to facilitate private and instant payment to anybody across the globe. The whitepaper of the asset was released on August 6, 2019. The coin has a total supply of 21,000,000 AXE.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Axe in market cap.

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

FAQ

What is the current price of Axe?

The price of 1 Axe currently costs $0.0049.

What is the market cap of Axe?

The current market cap of Axe is $25.61K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Axe?

The all-time high of Axe is $3.33. This all-time high is highest price paid for Axe since it was launched.

What is the 24 hour trading volume of Axe?

Over the last 24 hours, the trading volume of Axe is $6.61.

What other assets are similar to Axe?

Assets that have a similar market cap to Axe include ATBCoin, Noir, Alpha Coin, and many others. To see a full list, see our comparable market cap assets.

How many Axe are there?

The current circulating supply of Axe is 5.3 million.