Let's get to know the currency 👇🏼
Powerledger ($POWR ) is a cryptocurrency based on the Power Ledger platform that facilitates renewable energy exchange and decentralized energy transactions via blockchain. It aims to improve energy efficiency and promote sustainability in global markets. 🌍⚡
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📌 Introduction to currency
POWR was launched on September 8, 2017, as part of a project that aims to provide innovative solutions for decentralized energy exchange, while bringing transparency and efficiency to the global energy market.
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🎯 Project objectives
1. Clean Energy Trading: Enabling users to easily buy and sell renewable energy via blockchain technology.
2. Decentralization: Reducing dependence on central entities in energy trade.
3. Stimulating sustainability: supporting the use of clean energy and reducing carbon emissions.
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📊 Financial data analysis
Market Cap: $178.9 Million. 💰
Fully discounted market cap: $320.11 million.
Trading Supply: 558.88 Million POWR.
Total Supply: 1 Billion POWR.
Record high price: $2.0112 on 2018-01-04. 📈
Record low price: $0.03183 on 2020-03-13. 📉
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👩💻 Founders and Team
Power Ledger was founded in Australia, led by a diverse team of engineers, energy experts and technology experts. The team is developing innovative platforms to facilitate energy trading and find sustainable solutions to global energy problems.
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💡 Most prominent uses
1. Renewable Energy Trading: Enabling local communities to easily exchange energy.
2. Network Governance: POWR token can be used to vote on project decisions.
3. Decentralized transactions: Facilitating smart contracts in energy exchange.
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✔️ Currency advantages
Innovative Technologies: Using Blockchain to Improve Energy Efficiency.
Clean Energy Support: Encouraging communities to use sustainable energy sources.
Strong community: A global community that supports the project and participates in its development.
❌ Disadvantages of the currency
Strong competition: Similar projects offer solutions in the energy market.
Market Volatility: Performance is affected by general changes in the cryptocurrency market.
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📈 Historical performance and expected future
Historical Performance: The coin saw a significant rise in 2018 with marked volatility in the subsequent years.
Future Outlook: The coin may see growth if the world continues to embrace clean energy solutions and the Power Ledger network expands.
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💬 Conclusion
Powerledger (POWR) is an ambitious project in the clean energy market. If you are interested in investing in sustainable projects, this coin may be an attractive option, but it is necessary to follow market developments and study the potential risks.
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Technology and sustainability are the key to the future.
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Success in the world of digital currencies 🪙 begins with knowledge and accurate follow-up, so don't forget 🩵 to follow, dear trader, and turn on 🔔 notifications to get the latest news 📰 and opportunities at the right time ⏰
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Sources:
1.CoinMarketCap.
2. Power Ledger official website.
3. Binance cryptocurrency trading platforms.
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