Keep an eye on PetroDollar

Get instant alerts for major price changes.

Market

Market stats

Market cap

$658,577.91

Volume (24h)

-

Circulating supply

64.0M XPD

All time high

$0.19

Price change (1h)

-0.02%

Price change (24h)

-0.53%

Price change (7d)

+0.99%

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.

PetroDollar is on the rise this week.

The price of PetroDollar has risen by 0.99% in the past 7 days. The price declined by 0.53% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $0.0103 per XPD. PetroDollar is 94.58% below the all time high of $0.19.

The current circulating supply is 63,993,274.887 XPD.

Ratings

Rate PetroDollar

Be one of the first to share a rating for this project

About

What Is PetroDollar (XPD)? 

As mentioned in the whitepaper of PetroDollar, the regulatory-compliant cryptocurrency of PetroDollar seeks to rely on the ingenious concept of the blockchain. Besides, the digital currency of PetroDollar is supported by recoverable and independently certified oil and gas reserves. Furthermore, PetroDollars aims to allow individuals to effectively utilize a transparent cryptocurrency backed by the value of natural gas as well as crude oil. The properties of PetroDollar are inherited from the ERC20 protocol. The major features of PetroDollar aim to include browser-based wallet encryption, blockchain-based transparency, and accountability.  

PetroDollars seeks to ensure its value by offering a fully verifiable asset reserve. Moreover, PetroDollar aims to partner with some of the leading and globally recognized petroleum engineering audit institutions. By partnering with reputed organizations, PetroDollar seeks to help the PetroDollar holders in cost-effective monitoring and auditing of the pool of oil reserves. 

XPL is the token name for PetroDollar. Linking verified and existing real-world assets to PetroDollar tokens aim to help the holders of digital currency to transfer and hold intrinsic value in the form of digital token hassle free. 

Furthermore, all transactions in PetroDollars are recorded in a blockchain distributed ledger. As a result, the digital currency transactions of PetroDollars seek to be permissionless, censorship resistant, and trustless. Each issued PetroDollar seeks to maintain a minimum 1:1 ratio with a single reserve barrel of oil for the foreseeable future. By doing so, the digital coin aims to ensure price stability and measurable intrinsic value. 

History of PetroDollar (XPD)

The PetroDollar was founded in February of 2014. PetroDollars was launched by a team based in California. The team members efficiently coordinate and manage the operations of PetroDollars. Furthermore, the team aims to ensure the compliance of PetroDollars with applicable laws of the United States as well as other jurisdictions. In other words, the skilled team of PetroDollars seeks to be fully transparent and committed to legal compliance. Also, PetroDollar aspires to build an extensive product development, blockchain, and R&D team. The PetroDollar (XPD) has a market capitalization of around $600,000. 

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 12 are the closest to PetroDollar in market cap.

Reading List

News

Blockworks • Jun 04, 23

Uniswap Fee Feedback Vote Failed Because It Was ‘Structured Incorrectly’

In a Uniswap community poll, a split vote scenario was enough to hold back a proposed Uniswap V3 fee switch that had seen popular support.

Read more

News Article Image

CoinDesk • Jun 02, 23

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.

Read more

News Article Image

CoinDesk • Jun 02, 23

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

The company plans to offer financial services that combine the potential of crypto with traditional financial services.

Read more

News Article Image

CoinDesk • Jun 02, 23

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The miner's bitcoin production per unit of computing power was low in April.

Read more

News Article Image

BeInCrypto • Jun 02, 23

Litecoin (LTC) Price Targets $100 Amidst Flat Market Conditions

The Litecoin (LTC) price broke out from a diagonal resistance line, accelerating its rate of increase and outperforming the crypto market. The Litecoin (LTC) price broke out from a diagonal resistance line, accelerating its rate of increase and outperforming the crypto market.

Read more

News Article Image

delphiDigital • Jun 02, 23

Vitalik’s Warning

Ethereum is known to be the most secure layer-1 blockchain. Part of the reason why it has attracted so much volume and liquidity is due to the security it can provide to applications that deploy on it. Currently, there are many Actively Validated Services (AVS) that benefit from Ethereum's security and liquidity. The post Vitalik’s Warning appeared first on Delphi Digital.

Read more

News Article Image

CoinDesk • Jun 02, 23

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

Read more

News Article Image

Coinbase Bytes

Coinbase Bytes

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

FAQ

What is the current price of PetroDollar?

We update our PetroDollar to USD currency in real-time. Get the live price of PetroDollar on Coinbase.

What is the market cap of PetroDollar?

The current market cap of PetroDollar is $658.58K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of PetroDollar?

The all-time high of PetroDollar is $0.19. This all-time high is highest price paid for PetroDollar since it was launched.

What is the 24 hour trading volume of PetroDollar?

Over the last 24 hours, the trading volume of PetroDollar is $0.00.

What other assets are similar to PetroDollar?

Assets that have a similar market cap to PetroDollar include Blocknet, Global Social Chain, StrongHands, and many others. To see a full list, see our comparable market cap assets.

How many PetroDollar are there?

The current circulating supply of PetroDollar is 64 million.

Can I buy PetroDollar on Coinbase?

No, PetroDollar is not currently available on Coinbase, but you can sign up to get the latest news on PetroDollar and be notified when it gets added to our exchange.