$OXT OXT Coin, also known as Orchid Protocol, is a native token of a decentralized VPN service based on the Ethereum blockchain. The main function of OXT Coin is to allow users to pay for VPN service fees and to serve as collateral for joining the Orchid network. Orchid aims to create a decentralized VPN service by eliminating centralization, enabling users to access services from global broadband providers.

The total issuance of OXT Coin is 1 billion tokens, with a circulating supply of approximately 690 million tokens, resulting in a circulation rate of 69.07%. The price and market performance of OXT Coin fluctuate with market dynamics; according to the latest market data, the price of OXT Coin is $0.069, with a 24-hour trading volume of $2,064,038, and a price change of +3.56% in the past 24 hours, giving it a market capitalization of $67,841,698.

The founding team of Orchid consists of four co-founders from the blockchain and finance sectors, including CEO Dr. Steven Waterhouse, Jay Freeman, Brian J. Fox, and Gustav Simonsson. The purpose of the Orchid protocol is to provide a decentralized, incentivized peer-to-peer privacy network that overcomes the limitations of internet freedom through cryptocurrency payments, allowing anyone to purchase bandwidth from any participating provider.

Overall, as the token of the Orchid network, the value and performance of OXT Coin are influenced by various factors, including market demand, technological developments, and the overall state of the cryptocurrency market. Investors considering investing in OXT Coin should pay attention to its latest market trends and project developments.