Symbol XYM
$0.02243 2.18%
Latest Updates
Updated at 08:04$132,043,222.95
#364
$337,964.12 7.96%
-$0.00049 2.18%
-$0.00085 3.79%
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.
Buy Symbol Without Any Hassle
Trending
+$0.01178 63.15%
+$0.00428 41.38%
+$0.1992 37.75%
+$0.0029 18.77%
+$0.01309 13.67%
+$0.05896 13.10%
+$0.01471 12.08%
+$11.073 11.02%
+$0.03169 9.75%
+$0.00433 9.54%
FAQ
What determines the price of Symbol?
What was the starting price of Symbol?
What was the highest price of Symbol?
What was the lowest price of Symbol?
Related articles about Symbol
Subscribe to our newsletter to get the latest crypto insights and price updates.