Symbol (XYM) Price
$0.00669 0.15%
Latest Updates
Updated at 23:41Market cap
$41,350,082.93
Market rank
#628
Volume 24H
$86,184.55 35.83%
Price change 24h
-$0.00001 0.15%
Price change 7d
-$0.00011 1.72%
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+$6.4401 36.48%
+$0.04472 16.89%
+$0.00254 16.50%
+$6.8118 14.48%
+$0.02149 12.69%
+$0.00369 11.31%
+$0.00058 11.20%
+$0.02294 11.04%
+$0.00004 10.68%
+$0.000007678 10.05%
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