Price
$0.000091
10/7/2022, 6:13:10 AM
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Market

Market stats

Market cap

$724,684.47

Volume (24h)

$1,973.23

Circulating supply

8.0B XDN

All time high

$0.11

Price change (1h)

+0.03%

Price change (24h)

+2.95%

Price change (7d)

+6.54%

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DigitalNote is on the rise this week.

The price of DigitalNote has risen by 6.54% in the past 7 days. The price increased by 2.95% in the last 24 hours. In just the past hour, the price grew by 0.03%. The current price is $0.000091 per XDN. DigitalNote is 99.92% below the all time high of $0.11.

The current circulating supply is 7,986,879,617.761 XDN.

About

What Is DigitalNote (XDN)?

DigitalNote is a hybrid blockchain solutions platform that aims to facilitate instant transactions with high-end security. DigitalNote seeks to provide an InstantTX tool to its users, which allows them to send and receive crypto assets and messages on the network in real time. The platform also aims to provide its users speedy access to the decentralized finance (DeFi) space via DApps and other opportunities. 

The DigitalNote blockchain is built on the Binance Smart Chain (BSC) network, offering a claimed block transaction time of 5 seconds. As per the whitepaper, the platform is designed to resist crypto hacker attacks, like the 51% attacks that frequently affect crypto assets. A 51% attack is a cyberattack carried out by a group of miners who control more than 50% of network mining, allowing them to reserve transactions and prevent confirmation of new ones. 

A 51% attack raises problems like double-spend and payment stoppages. DigitalNote uses a combination of proof-of-stake (PoS) and proof-of-work (PoW) consensus mechanisms, with the aim to eliminate the risk of a 51% attack. Additionally, the platform uses a tool called Terminal Velocity RateX, which seeks to ensure a balance of advantage between the PoS stakeholders and PoW miners. 

XDN is the native cryptocurrency of the DigitalNote blockchain. The blockchain uses the hybrid consensus mechanism to create the token, offering 300 XDN to the miners as a block reward. 

History of DigitalNote (XDN)

DigitalNote was founded by a team of anonymous developers. The core development team includes six pseudonymous individuals – AuCRHI, IamLupo, Rubber Duckie, Grunsen, XEN, and KingDaive. The XDN token had a maximum total supply of 10,000,000,000 coins, out of which 3,070,000,018 tokens were burned. Token burning refers to sending a certain number of tokens to an inaccessible wallet to permanently remove them from circulation. The maximum supply of XDN stands at 6,929,999,982 tokens. 

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FAQ

What is the current price of DigitalNote?

The price of 1 DigitalNote currently costs $0.000091.

What is the market cap of DigitalNote?

The current market cap of DigitalNote is $724.68K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DigitalNote?

The all-time high of DigitalNote is $0.11. This all-time high is highest price paid for DigitalNote since it was launched.

What is the 24 hour trading volume of DigitalNote?

Over the last 24 hours, the trading volume of DigitalNote is $1.97K.

What other assets are similar to DigitalNote?

Assets that have a similar market cap to DigitalNote include Goldcoin, Autobahn Network, Bistroo, and many others. To see a full list, see our comparable market cap assets.

How many DigitalNote are there?

The current circulating supply of DigitalNote is 8 billion.

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