Symbol (XYM) Price
$0.00601 0.04%
Latest Updates
Updated at 21:15Market cap
$37,158,415.37
Market rank
#662
Volume 24H
$95,710.5 13.90%
Price change 24h
+$0.000002157 0.04%
Price change 7d
-$0.00041 6.77%
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+$3.2633 53.28%
+$7.5758 51.86%
+$0.03905 35.25%
+$0.00056 27.57%
+$0.03256 27.06%
+$0.11947 25.31%
+$0.01435 24.65%
+$0.06007 23.03%
+$0.15101 18.02%
+$0.13222 16.73%
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