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Market

Market stats

Market cap

-

Volume (24h)

$243,967.73

Circulating supply

-

All time high

$0.0169

Price change (1h)

+0.21%

Price change (24h)

+1.44%

Price change (7d)

-0.82%

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Plug Chain is on the decline this week.

The price of Plug Chain has fallen by 0.82% in the past 7 days. The price increased by 1.44% in the last 24 hours. In just the past hour, the price grew by 0.21%. The current price is $0.0011 per PC. Plug Chain is 93.52% below the all time high of $0.0169.

The current circulating supply is 0 PC.

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About

What Is PLUGchain (PLUGCN)?

The PLUGchain ecosystem endeavors to create a high-performance public chain solely designed to resolve information and data interaction problems. The platform follows a mission of developing a safe, smooth, and efficient intercommunication between blockchain and real-world data. PLUGchain also wants to bridge the communication gap among public chain contracts with the help of cross-chain technology. Cross-chain technology allows transactions between two different blockchains.

The PLUGchain platform has a decentralized predictor network at its core, based on a cross-chain interaction design. The platform takes help from this cross-chain design with the aim to solve the information interaction issue between various blockchain networks. The main focus of the PLUGchain ecosystem is to create a safe and efficient data interaction platform with features like data security, data storage, and future applications.

According to the whitepaper, the existing data interaction system has a few pain points, such as integrity, confidentiality, reliability, availability, scalability, and interoperability. PLUGchain aims to solve these current interaction system issues through multiple data sources, multiple prediction machines, reputation systems, trusted hardware, and authenticity proof.

As the platform website states, PLUGchain comes with different core advantages, as in the following: 

  • Multi-chain and Cross-chain: PLUGchain allows interaction with individual blockchain networks along with connection to business blockchains.

  • Highly Expandable: Users get to experience high performance with reduced on-chain cost.

  • 10,000 TPS Processing Capabilities: The platform aims to have reached 10,000 TPS (Transactions per Second) with a high concurrency.

  • Fast and Reliable: PLUGchain utilizes proof of stake (PoS) mechanism to provide low latency, strong consistency, and an anti-fork environment.

  • Reliable Data Security: The use of TLS Notary and threshold signature technology allows PLUGchain to launch secure privacy protection solutions for conventional financial institutions and blockchain.TLS Notary is a data verification tool to provide cryptology proof in the PLUGchain network. This cryptology proof proves that the data provided to the intelligent contract is the same as data supplied by the PLUGchain predictor blockchain. Threshold signature technology, on the other hand, refers to a distributed multi-party signature protocol to make the PLUGchain network secure.

The PLUGchain platform’s token is PLUGCN. The distribution includes allocating 88% to DAO (Decentralized Autonomous Organization), 7% to the angel fund, and the remaining 5% for the creation team. DAO refers to a community-driven entity without any central authority.

History of PLUGchain (PLUGCN)

Joey Huang is the founder of PLUGchain, and the platform was launched in August 2021. According to the whitepaper, the total supply of the platform token is 1000 billion.

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News

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CoinDesk • Sep 20, 23

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Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

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CoinDesk • Sep 20, 23

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Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.

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The Block • Sep 20, 23

a16z crypto leads $3.6 million seed round for Freatic’s information markets protocol

Freatic aims to build a protocol that can accelerate the flow of investment information from the real world to those who can leverage it.

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CoinDesk • Sep 20, 23

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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FAQ

What is the current price of Plug Chain?

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

What is the market cap of Plug Chain?

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

What is the all time high of Plug Chain?

The all-time high of Plug Chain is $0.0169. This all-time high is highest price paid for Plug Chain since it was launched.

What is the 24 hour trading volume of Plug Chain?

Over the last 24 hours, the trading volume of Plug Chain is $243.97K.

What other assets are similar to Plug Chain?

Assets that have a similar market cap to Plug Chain include Scrap, Wakanda Inu, Adroverse, and many others. To see a full list, see our comparable market cap assets.

How many Plug Chain are there?

The current circulating supply of Plug Chain is 0.

Can I buy Plug Chain on Coinbase?

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