DxChain Token (DX) is the 446th largest cryptocurrency in the world by market cap, valued at $47,070,000. The current price of DxChain Token is $0.0004707, which is -0.170% lower than yesterday. Prices have ranged between $0.00051119 and $0.00041172 over the past 24 hours. All prices are listed in US dollars and accurate as of February 09, 2023 02:02 UTC.
Dxchain Token price chart
Price over the past month
What is Dxchain Token?
Launched in 2017, DxChain is a blockchain created as a decentralized storage solution for big data. The network was also designed to work as a data trading platform for users who want to sell and transfer data.
According to the whitepaper, data storage and transfer are often monopolised by large organisations such as Google. For example, Google owns the navigation data of all Google Map users. DxChain aims to challenge this monopoly and make the usage of consumer data more transparent. The DxChain blockchain provides data analysts with a secure and fraud-preventative interface on which they can work, send and receive large datasets. This is facilitated by a chain-on-chain architecture and a proof-of-spacetime (PoSt) consensus mechanism. DX is the native token of the DxChain blockchain. According to the whitepaper, there are 3 key use cases for the token. It will provide a convenient and secure payment and settlement method for participants on the DxChain network. It will be used to reward those that contribute computational and storage resources. It will also be used to reward miners that participate in securing the network.
Dxchain Token at a glance
Basic stats for Dxchain Token
#446
$47 M
100 B
Dxchain Token news
Juno Restarts Services After Securing Deal with New Custodian
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’
Dxchain Token performance over time
Dxchain Token fundamental and technical analysis
Time frame
Movement
1 day
0.17%
1 week
24.10%
1 month
91.77%
2 months
85.88%
200 days
12.05%
1 year
3.77%
Social activity for Dxchain Token
Similar assets
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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