XEN Crypto XEN

1. Summary

Ranks

Liquidity

22

Developer

-

Social

83

Momentum (beta)

77

Stack Rank™

-

Price

$0.000000055264 +1.1%

Market Cap

$10.67M (#1487)

Supply

173.61T / 173.61T

Tags

Smart Contracts DeFi Avalanche Ecosystem Polygon Ecosystem Ethereum Ecosystem BNB Chain Ecosystem EthereumPoW Ecosystem Layer 1 (L1)

More Metrics

Price
52W High price	$0.000000759300
52W High date	14th Mar 2024 (1 year ago)
All Time High (ATH) Date	11th Oct 2022 (2 years ago)
ATH Price	$0.000369770000
% From ATH	-99.96%
All Time Low (ATL) Date	5th Aug 2024 (9 months ago)
ATL Price	$0.000000061560
% From ATL	159.32%

Supply & Trading Volume
Trading Volume (24h)	$1.24M
Total Supply	173.61T
Circulating Supply	173.61T

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Description

Overview

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Overview

XEN Crypto is an EVM-compatible ERC-20 token built on the Ethereum blockchain. It is designed to be a universal cryptocurrency, embracing the core blockchain tenets of decentralization, transparency, and self-custody. The XEN smart contract is immutable, open source, and has no admin keys, ensuring a trustless and permissionless environment.

Key Features

• Consensus Mechanism: XEN utilizes a Proof-of-Participation (PoP) consensus mechanism, differing from traditional Proof-of-Stake (PoS) or Proof-of-Work (PoW) systems.
• Ownership and Minting: Participants gain ownership rights through minting XEN tokens using Ethereum-compatible wallets with no initial supply or maximum token cap.
• Tokenomics: The token has a disinflationary nature due to increasing mining difficulty as more participants join.

Launch and Development

• Inception: Launched in October 2022 by the Fair Crypto Foundation.
• Creator: Jack Levin, a former Google executive.
• Impact on Ethereum: Notable usage of Ethereum's block size post-Ethereum Merge, influencing ETH gas prices and supply.

Trading and Usage

• Trading Platforms: Listed on several cryptocurrency exchanges, available for trading.
• Functionality: Similar to ERC20 tokens, allowing trading of other cryptocurrencies and NFTs.
• Ecosystem Connectivity: Connects to ecosystems like Uniswap for liquidity pools and limit orders.

Vision and Mission

• Community-Driven: Aims to be a community-driven asset, promoting values like decentralization and transparency.
• Accessibility: Provides an accessible and cost-effective entry into the crypto world through its unique economic model.

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