Symbol (XYM) Price
$0.0042 3.17%
Latest Updates
Updated at 18:15Market cap
$26,137,185.3
Market rank
#660
Volume 24H
$159,648.33 20.85%
Price change 24h
+$0.00013 3.17%
Price change 7d
-$0.00011 2.54%
What about Symbol?
XYM (Symbol) is the native cryptocurrency of the Symbol blockchain. Symbol is a decentralized blockchain network created by NEM, an information technology company. XYM is used as a means of value exchange within the Symbol ecosystem, enabling users to pay for transaction fees and access various services on the platform.
XYM is designed to be a fast and secure cryptocurrency that offers several advantages over other blockchain-based payment systems. It is built on a hybrid consensus mechanism that combines Proof-of-Stake (PoS) and Proof-of-Importance (PoI), which enables faster transaction processing times and reduces energy consumption.
XYM can also be used as a store of value, as its limited supply (8.999 billion coins) creates scarcity and makes it a potentially valuable asset. Besides from an investment opportunity, XYM can be embraced for staking, letting stakeholders earn additional crypto rewards, which can be a good stimulus for users to buy and hold the cryptocurrency.
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Trending
24h top price changes+$0.69618 244.33%
+$0.18864 115.96%
+$0.49017 81.85%
+$0.02996 63.69%
+$0.04595 40.62%
+$0.00249 37.60%
+$0.00716 29.98%
+$3.1539 25.35%
+$0.00671 19.74%
+$0.36552 18.19%
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