Symbol (XYM) Price
$0.00597 0.47%
Latest Updates
Updated at 13:37Market cap
$36,896,853.72
Market rank
#660
Volume 24H
$78,493.92 17.81%
Price change 24h
-$0.00003 0.47%
Price change 7d
-$0.00046 7.71%
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+$0.31928 146.14%
+$0.03183 42.66%
+$0.13322 42.39%
+$0.44385 34.45%
+$0.26999 31.61%
+$0.00327 22.95%
+$0.00039 21.77%
+$0.01013 20.75%
+$0.00538 20.70%
+$0.00557 19.41%
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