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Price
$0.0978
9/27/2022, 11:18:02 AM
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Market

Market stats

Market cap

$2.7M

Volume (24h)

$182,446.49

Circulating supply

27.9M GEEQ

All time high

$4.93

Price change (1h)

+0.42%

Price change (24h)

+7.17%

Price change (7d)

-12.81%

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Geeq is on the decline this week.

The price of Geeq has fallen by 12.81% in the past 7 days. The price increased by 7.17% in the last 24 hours. In just the past hour, the price grew by 0.42%. The current price is $0.097845 per GEEQ. Geeq is 98.02% below the all time high of $4.93.

The current circulating supply is 27,855,558 GEEQ.

About

What IsGeeq – (GEEQ)?

Geeq is a multi-blockchain platform that is flexible, safe, and cheap for all types of uses and is secured by the (PoH) Proof-of-Honesty protocol. The proof of honesty protocol is a mechanism that shifts the power of consensus from computer nodes to users of the platform. According to its whitepaper, the use of PoH will allow the platform to improve its fault tolerance which otherwise is low with PoW and PoS mechanisms. This, in turn, will allow Geeq to create a customizable decentralized multiverse, which is robust, flexible, accessible, secure, scalable, and fast for all types of usage. According to its website, some of the major applications for which the Geeq platform can be used are:

  • Streamlining the supply chain management

  • Automating the process of smart manufacturing

  • Securing data storage purposes

  • Removing intermediaries to build a secure payment network, where exchange can be performed with ease and low transaction fees

  • Facilitating micropayments to allow users to pay for things only they wish to use  Besides these usages, Geeq also facilitates the development of tailor-made networking solutions for users, reflecting the wide range of applications the platform can be used for. And, to facilitate transactions on the platform, Geeq introduced its cryptocurrency, the GEEQ token.

The GEEQ is a highly stable transactional token of the Geeq platform and is used for paying the validators of the platform. Besides this, the token has many other utilities on the platform, which include:

  • Making payments for products and services on the platform

  • Carrying out transactions between two parties within the platform

  • Holding in escrows as a guarantee of payment for service rendered or acquired between parties

  • Staking to generate rewards

  • Making micropayments

  • Exchanging currencies at low transactional fees

  • Trading in securities on the blockchain platform  These are some of the major utilities from the long list of possible usages of the token. Thus, the token plays a huge role in shaping the multiverse of the Geeq platform.

History of Geeq – (GEEQ)

The Geeq platform was founded by Ric Asselstine - CEO and founder, John P. Conley - chief economist and founder, Stephanie So - CDO and founder, and Lun-Shin Yuen - chief architect and founder in 2017. Its whitepaper was released in 2017. Further, the token of the platform has a total supply of one hundred million GEEQ.

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FAQ

What is the current price of Geeq?

The price of 1 Geeq currently costs $0.0978.

What is the market cap of Geeq?

The current market cap of Geeq is $2.73M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Geeq?

The all-time high of Geeq is $4.93. This all-time high is highest price paid for Geeq since it was launched.

What is the 24 hour trading volume of Geeq?

Over the last 24 hours, the trading volume of Geeq is $182.45K.

What other assets are similar to Geeq?

Assets that have a similar market cap to Geeq include Calamari Network, Ghost, NFTY Network, and many others. To see a full list, see our comparable market cap assets.

How many Geeq are there?

The current circulating supply of Geeq is 28 million.

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