XPX
XPX (XPX)
What is XPX?
XPX (xpx4-xpx) is a cryptocurrency that serves as the native token of the ProximaX blockchain project. Designed for various applications, the XPX token is primarily used for payments and facilitating transactions within the ProximaX ecosystem. This blockchain-based asset supports smart contracts and decentralized applications, enhancing its utility in digital finance and beyond. By leveraging a hybrid architecture, ProximaX aims to provide a scalable and efficient platform for developers and users alike.
When and how did XPX start?
XPX (xpx4-xpx) was launched in 2018, created by a team focused on developing a decentralized ecosystem for digital assets. The project aimed to enhance transaction speeds and reduce costs, catering to the needs of users in the cryptocurrency space. XPX was initially listed on several exchanges, which helped to increase its visibility and user adoption. The early development of XPX was marked by a commitment to community engagement and ongoing technological improvements.
What’s coming up for XPX?
XPX (xpx4-xpx) is poised for significant advancements as it moves forward with its roadmap, focusing on enhancing scalability and user experience. Upcoming features include the integration of decentralized finance (DeFi) tools and improved smart contract capabilities, which are set to expand its utility within the ecosystem. Additionally, the community plans to host a series of engagement events aimed at fostering collaboration and innovation among developers and users alike. These initiatives are expected to bolster XPX's adoption and solidify its position in the competitive crypto landscape. As the project evolves, it aims to create a robust platform that supports diverse use cases, driving further expansion and community involvement.
What makes XPX stand out?
XPX (xpx4-xpx) stands out from other cryptocurrencies due to its unique consensus mechanism, which combines proof-of-stake and delegated proof-of-stake, enhancing scalability and energy efficiency. Unlike many cryptocurrencies, XPX focuses on real-world use cases, particularly in the payment and remittance sectors, facilitating fast and low-cost transactions. Additionally, its innovative tokenomics model promotes community engagement and rewards, making it different from traditional blockchain ecosystems.
What can you do with XPX?
XPX (xpx4-xpx) is primarily used for payments within the ecosystem, facilitating seamless transactions. It serves as a utility token for staking, enabling users to earn rewards and participate in governance decisions. Additionally, XPX is integrated into various DeFi apps and supports NFT transactions, enhancing its versatility and user engagement.
Is XPX still active or relevant?
XPX (xpx4-xpx) is currently active, with trading activity still occurring on various exchanges. Development is ongoing, as evidenced by recent updates from the team, and the community remains engaged and supportive. Overall, XPX is not considered an inactive project or abandoned.
Who is XPX designed for?
XPX (xpx4-xpx) is built for a diverse user base, primarily targeting developers and businesses seeking to leverage blockchain technology for innovative solutions. It is also adopted by investors looking for opportunities in the cryptocurrency market, as well as a niche community of DeFi users interested in decentralized finance applications. This multifaceted approach positions XPX as an ideal platform for those engaged in the evolving landscape of digital assets.
How is XPX secured?
XPX (xpx4-xpx) secures its network using a unique Proof of Stake (PoS) consensus mechanism, where validators are selected to create new blocks and confirm transactions based on the amount of XPX they hold and are willing to "stake." This model enhances network security by incentivizing validators to act honestly, as they risk losing their staked coins for malicious behavior, while also promoting efficient blockchain protection through energy-efficient validation processes.
Has XPX faced any controversy or risks?
XPX (xpx4-xpx) has faced challenges related to extreme volatility, which poses significant investment risks for holders. Additionally, the project has encountered controversies surrounding security incidents and potential rug pulls, raising concerns about its overall stability and trustworthiness. Investors should remain vigilant of these risks and consider the project's history before engaging.
XPX (XPX) FAQ – Key Metrics & Market Insights
Where can I buy XPX (XPX)?
XPX (XPX) is widely available on centralized cryptocurrency exchanges. The most active platform is Biconomy, where the XPX/USDT trading pair recorded a 24-hour volume of over $57,310.85.
What’s the current daily trading volume of XPX?
As of the last 24 hours, XPX's trading volume stands at $57,771.56 , showing a 2.96% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s XPX’s price range history?
All-Time High (ATH): $0.00003039
All-Time Low (ATL): $0.00000394
XPX is currently trading ~49.94% below its ATH
and has appreciated +286% from its ATL.
What’s XPX’s current market capitalization?
XPX’s market cap is approximately $98,736.00, ranking it #3274 globally by market size. This figure is calculated based on its circulating supply of 6 481 627 986 XPX tokens.
How is XPX performing compared to the broader crypto market?
Over the past 7 days, XPX has declined by 10.21%, underperforming the overall crypto market which posted a 0.04% gain. This indicates a temporary lag in XPX's price action relative to the broader market momentum.
