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Sumcoin
1. Summary
- Description
-
Sumcoin is a cryptographic blockchain that functions as the world's first cryptographic Index. It employs a proof-of-work algorithm to unlock coins. The blockchain targets a maximum processing time of only 3 minutes and has a maximum supply of 100 million coins. Sumcoin is also Segwit enabled.
Sumcoin is a cryptographic blockchain that functions as the world's first cryptographic Index. It employs a proof-of-work algorithm to unlock coins. The blockchain targets a maximum processing time of only 3 minutes and has a maximum supply of 100 million coins. Sumcoin is also Segwit enabled.
Sumcoin is implemented in all General Bytes ATMs worldwide, and users need only request support from the machine's operator.
The Index
Sumcoin, or the "SUM" of coins, aggregates and tracks all coins in near real-time from over 600 different data points. It continuously updates to find the current top 100 coins by global market cap. The "SUM" price is generated using an algorithm based on the market fluctuations of the top 100 coins.
Key Features
- Speed: Sumcoin offers fast processing times.
- Security: It is built using robust cryptographic algorithms.
- Simplicity: Users can gain maximum exposure to the crypto space by holding just one coin, which reduces risk factors.
- Volatility Reduction: The value spread across 100 coins leads to a significant reduction in volatility compared to any other coin.
Price | |
52W High price | $1,205.76 |
52W High date | 7th Mar 2024 (11 months ago) |
All Time High (ATH) Date | 26th Dec 2024 (1 month ago) |
All Time Low (ATL) Date | 26th Dec 2024 (1 month ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $170.00 |
How does Sumcoin's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | 230 |
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Active Reddit Users (past 24h) | 4 |
Discord users | |
Active Discord Users | |
Telegram Users | 13 |
Twitter followers | 5,917 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://www.sumcoin.org/ |
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Explorer | https://sumexplorer.com/ |
@sumcoinindex | |
/r/sumcoinindex |
Has Sumcoin been audited for security?
No security audits found for this project.
Are you the owner of Sumcoin? Edit it here
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