Koinos (KOIN) Price

#1579

$0.1188

2.73%24h
- 0.003340$
$0.1172 $0.1238
24h Change Range

Market Cap

$9.7M+
2.68%

Volume (24h)

$6.4K+

F.D Valuation

9.7M+

Circulating Supply

81.6M+

Total Supply (Est.)

81.6M+

Max. Supply

Koinos Information

Official Website

koinos.io
Koinos Website

Koinos (KOIN) Wallet

Whitepaper

Official Forum

Social Links

Block Explorers

Platforms

Source Code

Koinos (KOIN) Historical Market

24 Price Range

-

All-Time High

$2.280 94.78%
11/22/2023 12:39 PM

All-Time Low

$0.0007408 15970.75%
Nov 28 2022

Koinos Chart

Koinos (KOIN) Live Market Details and Information

What is Koinos (KOIN)? Koinos is a developer centric open source project that leverages blockchain technology to provide a robust smart contract platform where holders have ownership over the network. Originally conceived in 2020, Koinos was officially launched November 5th, 2022 by Koinos Group, a US company. To learn more about this project, check out . Unlike other blockchains, on Koinos holding $KOIN gives you the right to utilize a portion of the network without sacrificing your cryptocurrency to transaction fees. Rather than paying a transaction fee, your $KOIN is temporarily locked and gradually unlocked over time. This mechanism is referred to as mana because it mimics the user experience of a video game. You can learn more about mana on the official documentation. The Koinos protocol is designed to facilitate decentralized app (DApp) creation and it aims to improve decentralization by introducing a Proof-of-Burn (PoB) consensus algorithm. Learn more about Proof-of-Burn on the official documentation. Because of its innovative resource management, Koinos enjoys interest from Web3 enthusiasts seeking the next generation of blockchain user experience (UX). A significant focus for the Koinos network is to bring a Web 2.0 experience to Web3. What makes Koinos unique? The Koinos blockchain has several features that differentiate it from other smart contract platforms. These include forkless upgrades, the mana system, smart wallet support and the Proof-of-Burn consensus algorithm. Because the core business logic of Koinos is implemented via smart contracts, core functionality can be upgraded without the use of hard forks. While hard forks may be necessary to fix critical bugs or improve performance, many enhancements can be achieved simply through replacing smart contracts and a vote in governance. This allows Koinos to evolve at a more rapid rate than other blockchains. You can learn more about forkless upgrades and the governance system on the official documentation overview. Koinos handles resources differently than other blockchains. Holding $KOIN grants access to a portion of the network. While most other blockchains have transaction fees, Koinos allows the user to pay in time. The more $KOIN the user holds, the more network the user has access to and the faster their mana pool regenerates. Learn more about mana on the official documentation overview. On Koinos there is no difference between an account and a smart contract. Every account can also have a smart contract associated with it. Because an account is no different than a smart contract, account abstraction is baked into the protocol. It is no longer necessary to work solely with a private/public key pairing. Instead, Koinos features a turing complete authority system which allows for unlimited possibilities of smart contract upgrades, transaction payment handling, and contract calls. Learn more about authorities on the official documentation for developers. The Proof-of-Burn (PoB) consensus is not well known but offers a variety of advantages of the traditional Proof-of-Stake (PoS) and Proof-of-Work (PoW) algorithms. Miners are virtualized on-chain leveling the playing field no matter the electricity costs of your local jurisdiction. This promotes decentralization as mining operations do not need to consolidate around locales with economic electricity costs. In addition, Proof-of-Burn solves the issue of consolidating stake on Centralized Exchanges (CEX) because the cryptocurrency must be burned in order to produce blocks or affect governance. Learn more about the novel Proof-of-Burn implementation on the official documentation overview. How many $KOIN are in circulation? Koinos was completely fair-launched, just like Bitcoin. It was originally Proof-of-Work mined into existence on the Ethereum blockchain in order to bootstrap the initial supply. Over the course of a year, approximately 100 million $KOIN were mined and used to establish the initial balances of the blockchain upon launch. After the mainnet launch on November 5th, 2022 the chain was in-band upgraded from federated to Proof-of-Burn and $KOIN was burnt in exchange for virtual hashpower to secure the network. Because $KOIN is constantly being burned in order to secure the network, the supply is dynamic so you should check popular block explorers like Koiner for precise numbers. The supply can be most simply described as 100 million with 2% inflation annually and target burn of 50%. This is an oversimplification but you can learn more about the tokenomics on the official documentation overview. How is the Koinos network secured? The Koinos network is secured through the innovative Proof-of-Burn (PoB) consensus algorithm. Block producers burn their $KOIN and receive Virtual Hash Power (VHP) in return. This can be thought of exactly like hash power on Proof-of-Work (PoW) chains. The more hash power you have, the more likely you are to produce a valid block. It’s as simple as that. The details of the implementation can be found by reading the Proof-of-Burn on the official documentation architecture section.

FAQs About Koinos (KOIN)

The current price of 1 Koinos (KOIN) in USD is $0.1188. This price is currently -94.78% than its all-time high (ATH) of $2.280, and 15970.75% than its all-time low (ATL) of $0.0007408.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions, investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Koinos’s price.

The market capitalization of Koinos (KOIN) is $9,702,259.00 as of today.
Koinos (KOIN) is currently ranked #1579 in the market, and this market cap is calculated by multiplying the current price of Koinos with the circulating supply.
The circulating supply of Koinos (KOIN) is 81,629,086, meaning there are 81,629,086 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Koinos (KOIN) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Koinos (KOIN)’s official platforms.

The trading volume of Koinos (KOIN) today is $6,428.00. This represents the total value of Koinos (KOIN) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token. As of now, Koinos (KOIN) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.

The trading volume metric, which plays a vital role in market assessment, reveals the extent of Koinos's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.

Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Koinos (KOIN) to make well-informed trading decisions.

The all-time high (ATH) price of Koinos (KOIN) is $2.280. This ATH was reached on 22 Nov 2023, marking the highest value ever for Koinos (KOIN) in the market. Currently, Koinos is lower than its ATH by -94.78%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Koinos, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.

The all-time low (ATL) price of Koinos (KOIN) is $0.0007408. This ATL was reached on 28 Nov 2022, marking the lowest value ever for Koinos (KOIN). Currently, Koinos is higher than its ATL by 15970.75%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Koinos (KOIN), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Koinos (KOIN), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Koinos (KOIN) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Koinos against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Koinos.
4. Place an Order: After funding your account, navigate to the Koinos (KOIN) trading pair (e.g., Koinos/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Koinos in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Koinos (KOIN).

Similar Trending Cryptocurrencies to Koinos (KOIN)

Current Price

$0.007089
7 Days

Market Cap

$9.7M -1.71%

24h Volume

$8.2

Supplies

1.0B / 1.0B

Current Price

$0.01296
7 Days

Market Cap

$9.7M -12.43%

24h Volume

$3.7M

Supplies

997.5M / 997.8M

Current Price

$167,765.00
7 Days

Market Cap

$9.7M -4.15%

24h Volume

$792.3

Supplies

42.0 /

Current Price

$0.06843
7 Days

Market Cap

$9.7M -9.67%

24h Volume

$19.5K

Supplies

88.9M / 88.9M

Current Price

$0.05993
7 Days

Market Cap

$9.7M -2.69%

24h Volume

$47.6K

Supplies

225.2M / 225.2M

Current Price

$1.089
7 Days

Market Cap

$9.7M -5.23%

24h Volume

$8.2M

Supplies

19.9M / 19.9M

Current Price

$0.01257
7 Days

Market Cap

$9.7M -6.86%

24h Volume

$379.5K

Supplies

996.3M /

Current Price

$0.003364
7 Days

Market Cap

$9.7M 77.26%

24h Volume

$54.2M

Supplies

10.0B /