11/30/2022, 7:27:50 AM

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Axion is on the decline this week.

The price of Axion has fallen by 20.02% in the past 7 days. The price declined by 1.71% in the last 24 hours. In just the past hour, the price shrunk by 0.03%. The current price is $0.000014 per AXN. Axion is 80.64% below the all time high of $0.000073.

The current circulating supply is 0 AXN.


What Is Axion (AXN)?

Axion (AXN) is a community-driven cryptocurrency created and developed by the Axion ecosystem. Axion is a decentralized finance (DeFi) application and network designed to enhance its ecosystem and participants' purchasing power. The platform is based on mathematical principles, blockchain technology, and smart contracts on the Ethereum network. Axion aims to establish an ethical ecosystem for digital assets portfolio growth and a scalable passive income solution for all users. 

As per itse whitepaper, Axion seeks to solve the challenges concerning traditional finance that range from antiquated banking practices, centralized governance to low-interest rates and returns. The Axion platform overcomes these issues by providing high yields, cryptocurrency certificates of deposit (CD), and crypto smart contracts. Axion also aims to offer a blockchain-powered venture fund alongside high-interest time-locked stakes that allow users to earn high yields and additional funds.

AXN is the native token of the Axion platform. The AXN token operates on the ERC20 token standard on the Ethereum network. The functionality of the token permits minting through:

  • Staking: The staking method allows users to stake for a maximum of 5,555 days.

  • Auction Contract: The Axion auction contract operates with daily and weekly auctions. Additional rewards to daily auctions are attributed from early and late stake penalties.

  • Auction Manager: The auction manager fills the big paydays (reward mechanism of the ecosystem) and auction pools with the token for over five years.

  • SubBalances: The SubBalances contract is utilized by the staking contract to hold stake session information, which is further used to calculate the big payday rewards.

History of Axion (AXN)

Axion was launched on November 13, 2020. Joel Gerlach serves the network as the core contributor and has been associated with Axion since May 2021.

Axion successfully migrated from Ethereum to the Polygon network on October 19, 2021.

AXN has a total supply of 335 billion tokens.

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What is the current price of Axion?

The price of 1 Axion currently costs $0.000014.

What is the market cap of Axion?

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

What is the all time high of Axion?

The all-time high of Axion is $0.000073. This all-time high is highest price paid for Axion since it was launched.

What is the 24 hour trading volume of Axion?

Over the last 24 hours, the trading volume of Axion is $12.26K.

What other assets are similar to Axion?

Assets that have a similar market cap to Axion include PIAS, Maximus LUCKY, EHash, and many others. To see a full list, see our comparable market cap assets.

How many Axion are there?

The current circulating supply of Axion is 0.