Price
$0.000420
10/4/2022, 7:35:31 PM
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Market

Market stats

Market cap

$21.0M

Volume (24h)

$27,752.39

Circulating supply

50.0B DX

All time high

$0.000749

Price change (1h)

+0.27%

Price change (24h)

-0.6%

Price change (7d)

-8.99%

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DxChain Token is on the decline this week.

The price of DxChain Token has fallen by 8.99% in the past 7 days. The price declined by 0.60% in the last 24 hours. In just the past hour, the price grew by 0.27%. The current price is $0.00042 per DX. DxChain Token is 43.95% below the all time high of $0.000749.

The current circulating supply is 49,999,999,999.686 DX.

About

What Is the DxChain Token (DX)?

DxChain is a storage network that seeks to store valuable data. The whitepaper mentions that the core theory of DxChain is to influence individuals to share their unused hard drives or data storage capacities to establish secure, low-cost, and decentralized blockchain networks.

DxChain intends to build a storage network to address data storage issues of valuable data such as data security, data circulation, and data-rights confirmation. DxChain also attempts to address practical challenges in decentralized finance (DeFi), non-fungible tokens (NFTs), and other disciplines. The platform offers solutions to the problems concerning decentralized storage. DxChain also aims to create a platform for the DxChain ecosystem to grow, enabling people to transfer assets between other chains with scalability and security, and creating a public chain for all kinds of decentralized apps.

The platform also offers enterprise-level services of data storage that intends to effectively control the data storage cost in the DxChain 3.0 version. For enterprise-level services, DxChain has a blockchain system framework that helps to secure data. The platform has mining machines designed with the aim to store valuable information on DxChain.

The native token of the platform is DX. DX is an exchange part on the platform among users.

The token aims to offer economic incentives for different on-chain events, and users can also use it for managing fees. Users can contribute to the DxChain platform by voting DX token for receiving block rewards or becoming validators to uphold the stability and security of the network. A validator is a significant part of the DxChain platform, responsible for producing and verifying blocks on the chain. Moreover, users can also use DX tokens to partake in staking and various other events on the platform to enhance the consumption of DX in different applications.

History of DxChain Token (DX)

DxChain platform was created in 2018, with the release of its whitepaper in the same year. The team of DxChain comprises members from the field of the internet and blockchain. Having ten and above years of expertise in cyber security, James Li is the co-founder and CEO of the DxChain platform. Another cofounder is Allan Zhang, an expert in cyber security and blockchain.

The total supply of DX tokens is 100 billion, out of which 45 billion is the ecosystem pool.

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FAQ

What is the current price of DxChain Token?

The price of 1 DxChain Token currently costs $0.000420.

What is the market cap of DxChain Token?

The current market cap of DxChain Token is $21.01M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DxChain Token?

The all-time high of DxChain Token is $0.000749. This all-time high is highest price paid for DxChain Token since it was launched.

What is the 24 hour trading volume of DxChain Token?

Over the last 24 hours, the trading volume of DxChain Token is $27.75K.

What other assets are similar to DxChain Token?

Assets that have a similar market cap to DxChain Token include Pitbull, VerusCoin, Rhino.fi DVF, and many others. To see a full list, see our comparable market cap assets.

How many DxChain Token are there?

The current circulating supply of DxChain Token is 50 billion.

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