$0.014
-1.94%
$0.014
24h Range
$0.015
Market Cap
$86,645,213.1
Fully Diluted Valuation
$127,409,502.5
24 Hour Trading Vol
$3,296,925.4
Circulating Supply
6,120,476,909.0
Total Supply
8,410,961,431.6
Max Supply
8,999,999,999.0
Symbol Price
$0.014
24h Range
$0.014 - $0.015
Percent Change 1h
-2%
Percent Change 24h
-1.94%
Percent Change 7d
-15.53%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Symbol (XYM) is a blockchain platform developed by NEM Group, designed for businesses and developers to create applications and build their own blockchain solutions. Launched in March 2021, Symbol is a next-generation blockchain that offers high performance, scalability, and flexibility. It introduces unique features such as multi-signature accounts, mosaics (custom tokens), and a powerful API that enhances the development experience.
Symbol is built using a hybrid architecture that combines the advantages of public and private blockchains, allowing organizations to leverage a secure and decentralized environment while maintaining control over their data. The platform utilizes a consensus mechanism called Proof of Stake (PoS), which reduces energy consumption while maintaining network security and integrity. XYM is the native cryptocurrency of the Symbol blockchain, used for transaction fees, staking, and governance.
Symbol was developed by NEM Group, which emerged from the NEM blockchain community originally launched in 2015. The key figures behind NEM and Symbol include Lon Wong, co-founder and CEO, who has been instrumental in the evolution of the NEM ecosystem. Other notable contributors include Jeff McDonald, co-founder and former Vice President of NEM.io Foundation, and Alex Tinsman, the former president of the NEM Foundation. The team is composed of blockchain experts, developers, and business professionals focused on delivering innovative solutions through Symbol.
Symbol operates on a sophisticated architecture that facilitates fast and efficient transactions. The platform's core components include:
Symbol offers a versatile platform with numerous use cases across various industries:
Keeping your Symbol (XYM) safe involves several best practices:
Investing in Symbol (XYM) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Symbol: Once your account is funded, you can purchase Symbol directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Symbol using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Symbol (XYM) is currently trading at $0.014 and exhibits good potential for future growth. Check the latest Symbol (XYM) price prediction.
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