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Neutrino Index Price (XTN)

Neutrino Index Price (XTN)

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Currency:
XTN to USD:
1 Neutrino Index equals $ 0.032422 USD+2.32%1D
Page last updated: 2024-12-14 18:29 (UTC+0)
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Note: This information is for reference only.

Price of XTN today

The live price of Neutrino Index is $ 0.032422 per (XTN / USD) with a current market cap of $ 1.69M USD. 24-hour trading volume is $ 6,515.29 USD. XTN to USD price is updated in real-time. Neutrino Index is +2.32% in the last 24 hours with a circulating supply of 51.98M.
XTN Price History USD
Date ComparisonAmount Change% Change
Today$ 0.000735+2.32%
30 Days$ 0.011921+58.15%
60 Days$ 0.012192+60.27%
90 Days$ 0.009193+39.58%

XTN Market Information

24h Low & High
Low: $ 0.031094
High: $ 0.037871
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 1.441598
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-0.34%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+2.32%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-14.33%
The percentage change in price for this asset compared to 7 days ago.

XTN Market Information

Popularity
#1845
Popularity is based on the relative market cap of assets.
Market Cap
$ 1.69M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 6,515.29
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
51.98M
12.71%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
408.89M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 13.26M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Neutrino USD (USDN)

Neutrino USD (USDN) is an algorithmic cryptocurrency-collateralized stablecoin that is closely pegged to the US dollar. According to its website, it is collateralized by the cryptocurrency WAVES, the native token of global open-source decentralized application (DApp) platform, Waves. USDN leverages Waves’ staking protocol and proof-of-stake (PoS) consensus model to enable daily staking rewards.

USDN is the native cryptocurrency of the Neutrino Protocol, which is touted as a platform that enables plug-and-play algorithmic finance. The platform also claims to be able to facilitate the creation of stablecoins pegged to real-world assets, such as national currencies and commodities.

While USDN is currently not available for purchase on Binance, USDN price is updated and available in real time on Binance.

People Also Ask: Other Questions About Neutrino USD

  1. What is Neutrino USD (USDN) Used For?

    USDN is an algorithmic stablecoin used as a store of value to facilitate digital blockchain-based payments globally. USDN is minted by locking WAVES in smart contracts to proceed with issuance, thereby helping USDN to maintain its peg to the USD.

  2. Who is the Neutrino Protocol Founder?

    Tech entrepreneur Sasha Ivanov founded Neutrino Protocol in 2019. When USDN was de-pegged from the USD in April 2022 and again in May 2022, Ivanov simply stated that the network needed to work towards over-collateralizing the stablecoin in future.

  3. What is the Maximum Token Supply of USDN?

    USDN’s maximim supply is unavailable, though there are approximately 680.26 million USDN tokens in active circulation at the time of writing.

  4. What Makes USDN Different From Others?

    USDN is considered an algorithmic stablecoin, which affects its supply. While algorithmic stablecoins have experienced increased backlash and scrutiny since the collapse of Terra and its native stablecoin, LUNA, USDN is supposedly different as its token supply can be expanded or reduced by the burning or minting of WAVES.

    In April 2022 (prior to Terra’s collapse), USDN lost its peg to the USD for the first time as the project’s founders were accused of manipulating and pumping WAVES in order to preserve the peg, thereby artificially strengthening USDN.

  5. Is USDN Available on Binance?

    USDN is currently not available for purchase on the Binance cryptocurrency platform. However, live USDN price is updated in real time on the platform. Additional USDN price and purchase information is available on Binance.

XTN to Local Currency

FiatPriceOperation
1 XTN to USD$ 0.032422
1 XTN to TRY$ 0.032422
1 XTN to RUB$ 0.032422
1 XTN to EUR$ 0.032422
1 XTN to AED$ 0.032422
1 XTN to AUD$ 0.032422
1 XTN to BRL$ 0.032422
1 XTN to VND$ 0.032422
1 XTN to IDR$ 0.032422
Last updated 2024/12/14 06:29 (UTC)

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