Orchid Protocol (OXT)

-0.16 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

3557586>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

100375000>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

591,544,729.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

1,000,000,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.073472967724
36.61%

Jan 16 2023

0.07949319031
26.27%

Apr 04 2022

0.313743541322
-68.01%

Apr 05 2021

-90.24%
Low

Jan 19 2023

0.073472967724
36.61%

Jan 08 2023

0.068495335317
46.54%

Dec 31 2022

0.067090516891
49.61%

Dec 30 2022

50.06%
For Detailed Research of Orchid Protocol - Visit - Orchid Protocol (OXT)

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Historical Data

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Orchid Protocol
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Coin Info

Orchid (OXT) is the native token of Orchid, a virtual private network that runs on cryptocurrency (VPN).

When it started up in December 2019, Orchid said it was the world's first peer-to-peer privacy network that paid people to use it.

Its goal is to get around restrictions on internet freedom by letting anyone buy bandwidth from any participating provider using cryptocurrency. This is done with so-called probabilistic nanopayments, which are made with OXT, an ERC-20 standard token on Ethereum.

Regular payments to providers happen off-chain. This lets Orchid avoid problems on the Ethereum network like congestion and high gas fees.

The service is pay-per-use, which means that users only have to pay when they connect, rather than having to pay monthly or yearly fees.

The four people who started Orchid have backgrounds in blockchain and finance. They are Jay Freeman, Brian J. Fox, Dr. Steven Waterhouse, and Gustav Simonsson.

The main idea behind Orchid is to improve the VPN experience by using blockchain technology.

Using probabilistic nano payments based on cryptocurrencies, VPN users can use the service in an anonymous way that doesn't depend on a central server or the risks of a certain country's infrastructure.

As an ERC-20 token that can be traded freely, OXT also gives owners a reason to trade and increases the value of their network.

To know more about the Orchid Protocol price prediction, install the top cryptocurrency app CoinGabbar today!


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