Price
$0.0702
12/4/2022, 7:04:50 PM
diamondHands

Buy Populous with Coinbase Wallet

Populous can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$3.6M

Volume (24h)

$159,409.02

Circulating supply

53.3M PPT

All time high

$76.49

Price change (1h)

+1.25%

Price change (24h)

+4.89%

Price change (7d)

+2.85%

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Populous is on the rise this week.

The price of Populous has risen by 2.85% in the past 7 days. The price increased by 4.89% in the last 24 hours. In just the past hour, the price grew by 1.25%. The current price is $0.0702 per PPT. Populous is 99.91% below the all time high of $76.49.

The current circulating supply is 53,252,245.994 PPT.

About

Populous is an Ethereum token that powers the Populous blockchain. It describes itself as “a platform for buying and selling invoices globally.”

What Is Populous Token (PPT)?

Populous (PPT) is a platform that allows safe and secure cryptocurrency trading to users. The platform aims to offer secure financial transactions so that users are able to attain loans without facing hassles.

Applying for a business loan has been a difficult task for small and medium enterprises as the centralized banking institution requires time and several documents before issuing a loan to the user. Thus, Populous was developed to offer decentralized financial solutions to the users.

The platform uses smart contract features to initiate efficiency and reduced the risk of fraud in the system. Smart contracts are just like regular contracts however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

There are three actors within the system that is the administrator, the borrower, and the investor. The administrator approves and manages the interest of clients and their accounts. The borrower trades their business invoice on the platform to attain an instant loan. The investors bid on the auctioned invoices listed by the borrower on the platform. The investors bid on the invoice through which an instant loan is provided to the borrower against their invoice. In return, at maturity, the value of the invoice is transferred to the investor’s wallet through Populous. However, both borrower and investor can operate on the platform once the KYC process is completed.

The platform also provides a feature named PopEX, which aims at offering Populous World Exchange to the users with no maker fee, advanced API (Application Programming Interface) and digital custody of the assets. PopEX aims to bring traditional finance and crypto trading under a single roof. The Populous Invoice Program (PIP) of trading invoices is also incorporated in the PopEX platform. Additionally, the ecosystem introduced PopDeFi as an open-source and non-custodial system enabling users to earn interest on deposits while borrowing crypto assets.

According to the whitepaper, PPT is the native utility token available on the platform. The token is based on ERC20 standards used by participants in attaining access to the auction and banking facility of Populous. Along with this, the platform also offers a Populous stable coin backed up by GBP (British Pound Sterling) which means one GBP is equivalent to one Populous GBP token. The network offers lower trading fees rewards to the users for holding the Populous tokens for the longer term.

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FAQ

What is the current price of Populous?

The price of 1 Populous currently costs $0.0702.

What is the market cap of Populous?

The current market cap of Populous is $3.59M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Populous?

The all-time high of Populous is $76.49. This all-time high is highest price paid for Populous since it was launched.

What is the 24 hour trading volume of Populous?

Over the last 24 hours, the trading volume of Populous is $159.41K.

What other assets are similar to Populous?

Assets that have a similar market cap to Populous include dHedge DAO, Lunar V2, YAM V3, and many others. To see a full list, see our comparable market cap assets.

How many Populous are there?

The current circulating supply of Populous is 53 million.