BeamX (BEAMX) is a cryptocurrency token associated with the Beam blockchain-based confidential and decentralized payment system.$BEAMX

Key details:

- Symbol: BEAMX (previously BEAM)

- Blockchain: Beam

- Consensus Algorithm: Proof of Work (PoW), MimbleWimble protocol

- Total Supply: 210 million BEAMX

- Circulating Supply: Approximately 100 million BEAMX

Current Price (approximate):

- Price: $0.20

- Market Cap: $20 million

- 24h Volume: $100,000

BEAMX use cases:

1. Private transactions

2. Secure payments

3. Decentralized governance

4. Mining and staking

5. Microtransactions

BEAMX benefits:

1. Confidential transactions

2. Scalable and flexible architecture

3. Low-fee transactions

4. Secure and decentralized payment system

5. Growing ecosystem

Risks and considerations:

1. Market volatility

2. Regulatory uncertainty

3. Competition from established privacy coins

4. Adoption challenges

5. Dependence on Beam's success

Similar cryptocurrencies:

1. Monero (XMR)

2. Zcash (ZEC)