XDB Chain Price
(XDB)
USD($)
XDB Chain (XDB) Live Price Chart
Overview
About
Analysis
FAQ
XDB Chain Live Price Data
The live price of XDB Chain is $0.0008548, with a total trading volume of $ 1.01M in the last 24 hours. The price of XDB Chain changed by +11.49% in the past day, and its USD value has decreased by -19.76% over the last week. With a circulating supply of 17.20B XDB, the market cap of XDB Chain is currently 14.6M USD, marking a --% increase today. XDB Chain currently ranks #-- in market cap.
How do you feel about XDB Chain today?
Note: This data is for reference only.
XDB Chain(XDB) Profile
Rank--
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Website
Documentation
Explorer
Contract
- --
Audited By
- https://digitalbits.io/wp-content/uploads/2020/09/digitalbitstoken-audit.pdf
Code & Community
Investors
- Faculty Capital
$0.0006407
$0.0008933
- ATH
- $1.03
- Price Change (1h)
- -4.09%
- Price Change (24h)
- +11.49%
- Price Change (7d)
- -19.76%
- Market Cap
- $14.6M
- 24h Volume
- $1.01M
- Circulating Supply
- 17.2B
- Max Supply
- 20B
About XDB
How can I buy XDB Chain (XDB)?
Buying XDB on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy XDB Chain (XDB) for more information. What Is XDB Chain (XDB) Crypto?
XDB is the native coin of XDB Chain and is a RWA (Real World Asset). XDB Chain is an open-source blockchain designed to support digital assets such as branded currencies, NFTs (non-fungible tokens), stablecoins, and more. With a focus on providing a platform for brands, XDB Chain aims to facilitate web3 payments and the creation of various digital assets.
The protocol places an emphasis on scalability and low transaction fees to ensure efficient and cost-effective operations. Additionally, the platform, often called the "blockchain for brands," seeks to promote transparency and decentralization within its core principles.
The XDB token serves as the native cryptocurrency of the XDB Chain blockchain. It plays a vital role in powering the network and enabling various activities within the ecosystem.
How Does XDB Chain Work?
XDB Chain protocol (v19) empowers faster payments with the potential for up to 1.19 million transactions per second. The protocol aims to bring the power of web3 to brands and consumers by introducing substantial improvements to the XDB Chain Core.
Its purpose-driven approach lays the groundwork for developing Layer 2 solutions to enhance the user experience (UX) and enable the tech framework for the mind-blowing payment processing speed. The platform supports fast and affordable transfers of consumer digital assets, such as branded currencies, NFTs, stablecoins, and more.
XDB Chain protocol (v19) focuses on making payment channels accessible to any use case, acting as high-speed express lanes for brands and consumers' frequent transactions. This allows users to carry out most activities away from the blockchain while securely recording starting balances and ultimate settlements on the blockchain.
In the realm of payment channels, transactions flow between parties off-chain, resembling a well-orchestrated dance where approvals and throughput are ensured. When a party decides to conclude transactions and settle, they can initiate the process to close the channel.
The XDB Chain platform, also known as the 'Blockchain for Brands', serves as a protocol layer for the creation of branded cryptos and tokenized assets. It enables brands to launch their own currency, including stablecoins, to engage with consumers in a more interactive manner.
History of XDB Chain and XDB Coin
XDB Chain was founded by Daniele Mensi and launched in October 2023. It utilizes the FBA (Federated Byzantine Agreement) consensus protocol.
It serves as a protocol layer blockchain, often referred to as the "blockchain for brands," and is designed to empower brands and consumers for web3 payments and the creation of digital assets. The platform aims to enable the creation of branded cryptocurrencies, NFTs, stablecoins, and more.
How to Use XDB Token
$XDB is the native token of the XDB Chain ecosystem and has the following use cases:
Pay Transaction Fees on XDB Chain
XDB tokens are used to pay for transaction fees on the XDB Chain blockchain. When users perform transactions, such as transferring digital assets or making payments, XDB tokens are utilized to cover the associated network fees.
Incentive Token in the XDB Chain Ecosystem
$XDB tokens are employed to incentivize and reward participants within the XDB Chain ecosystem. This can encompass activities such as staking, providing liquidity, and engaging in network governance.
Support Asset Tokenization
XDB tokens play a role in the creation and management of branded cryptocurrencies, stablecoins, NFTs, and other digital assets within the XDB Chain ecosystem.
Stake XDB on XDB Chain
XDB tokens can be staked to support network security and validate transactions, thereby earning rewards in the process.
Trade XDB Chain Token on KuCoin
Trade XDB coin against other crypto assets on the KuCoin Spot Market to profit from changing market conditions and volatility. Buy or sell $XDB or hold it long-term if you believe in the future potential of the XDB Chain project. Ensure you enter any new trades in the crypto market only after doing your own research.
XDB Chain (XDB) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0000992 | 13.12% |
| 7 Days | $-0.0002099 | -19.69% |
| 30 Days | $0.0005984 | 232.69% |
| 3 Months | $0.0005884 | 220.24% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
XDB Chain Conversion Rate
FAQ
How much is 1 XDB Chain (XDB) worth?
KuCoin provides real-time USD price updates for XDB Chain (XDB). XDB Chain price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time XDB to USD exchange rates. Is XDB Chain (XDB) a Good Investment?
XDB Chain (XDB) offers several potential advantages for investors, particularly as a result of its unique features and offerings:
1. Branded Coins Offering (BCO)
XDB Chain's introduction of Branded Coins Offering (BCO) allows businesses and entities to create branded cryptocurrencies on the XDB Chain. This innovative approach fosters real-world utility and the supply-demand value proposition of the XDB coin. Furthermore, a portion of each new Branded Cryptocurrency supply is allocated for regular buyback and burning of XDB coins, enhancing scarcity and potential value.
2. Buyback and Burn Mechanism (BBB)
The buyback and burn mechanism associated with BCO aims to improve the scarcity and value proposition of the XDB coin. By regularly buying back and burning XDB coins (up to 2.5% of the entire BCO supply), this mechanism helps manage the token supply and potentially increase its value over time.
3. Platform Utility and Innovation
XDB Chain's powerful blockchain platform supports the creation and management of branded cryptocurrencies, NFTs, and stablecoins. This utility can attract a diverse range of use cases and participants to the ecosystem, potentially driving demand and growth for the $XDB token.
4. Potential for Network Governance
As with many blockchain-based ecosystems, XDB Chain may grant governance rights to XDB token holders, enabling them to participate in decision-making processes related to the network's operation, upgrades, and other significant proposals.
5. Technological Advancements
XDB Chain's focus on technological innovation, scalability, and efficient payment solutions can position it as an attractive investment opportunity within the broader blockchain and cryptocurrency landscape.
What is XDB Chain Price Prediction?
While we cannot provide a reliable XDB crypto price prediction over any timeframe owing to the volatility in the crypto market, the following factors could help you understand the price trends in XDB Chain cryptocurrency:
Expansion of XDB Chain Ecosystem
The adoption of the XDB Chain blockchain technology by brands, businesses, and individuals can influence the demand for XDB tokens. Increased platform utilization for creating branded cryptocurrencies, NFTs, and stablecoins may positively impact the XDB Chain price.
Future Developments in XDB Chain Blockchain
Technological advancements, upgrades to the XDB Chain blockchain, and the introduction of new features or improvements can affect the price of XDB tokens. Increased efficiency, scalability, and security may bolster confidence in the platform, potentially impacting the XDB to USD price.
Crypto Market Conditions
Market sentiment plays a significant role in determining the price of XDB Chain token. Positive news, developments, or public perception about the XDB Chain platform and its ecosystem may drive demand for XDB tokens, potentially increasing the $XDB price.
How to Stake XDB on XDB Chain
To stake XDB on the XDB Chain, you can follow these steps:
1. Use AstraX Mobile Wallet: You simply need to hold the XDB tokens on the AstraX mobile wallet to start staking and earn rewards.
2. Other Staking Platforms: Explore staking platforms supporting XDB Chain (XDB). You can earn rewards by staking your XDB tokens on these platforms. Look for the platforms offering the highest yields and rewards for XDB staking.
What is the all-time high price of XDB Chain (XDB)?
The all-time high price of XDB Chain (XDB) is $1.0200000. The current price of XDB is down 99.92% from its all-time high.
What is the all-time low price of XDB Chain (XDB)?
The all-time low price of XDB Chain (XDB) is $0.0002136. The current price of XDB is up 300.23% from its all-time low.
How much XDB Chain (XDB) is there in circulation?
As of 12 21, 2024, there is currently 17.2B XDB in circulation. XDB has a maximum supply of 20B.
What is the market cap of XDB Chain (XDB)?
The current market cap of XDB is $14.6M. It is calculated by multiplying the current supply of XDB by its real-time market price of $14.6M.
How do I store XDB Chain (XDB)?
You can securely store your XDB Chain in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your XDB include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Xai (XAI) to cash?
You can instantly exchange your Xai (XAI) for cash using KuCoin's Fast Trade feature. This feature enables you to convert XAI to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.