The price of Add.xyz (OLD), with ticker symbol PLT, has increased in the last 24 hours. Its current value is $ 0.00124598. Economic factors, market trends, and trader sentiment can all influence price changes, so it's always important to keep an eye on the market for the latest updates.
Add.xyz (OLD) is a cryptocurrency that is part of the ecosystem commonly known as Add.xyz. It is designed to offer a range of DeFi (Decentralized Finance) services integrated into a single platform. The purpose of this cryptocurrency is to provide enhanced privacy and consolidation of different DeFi services which typically include lending, borrowing, and privacy-focused features for transactions.
The team behind Add.xyz is responsible for developing the PLT token (or Add.xyz (OLD)). As with many decentralized projects, the creators may opt for partial or complete anonymity. The project may have been started by a group of blockchain enthusiasts who saw the need for more privacy in the decentralized finance space and created PLT to address this need.
Add.xyz (OLD) works by utilizing blockchain technology to provide a decentralized platform where users can perform various financial services with privacy. Operations such as lending and borrowing can be executed on this platform without revealing more personal information than necessary. The specifics of how transactions are made private can vary but the platform likely uses smart contracts to automate and secure these transactions.
What makes Add.xyz (OLD) unique is its focus on privacy within the DeFi ecosystem. Many blockchain platforms record transaction details on a public ledger, which can be viewed by anyone. Add.xyz (OLD) aims to offer the DeFi benefits while enhancing user privacy—a key concern for many users interacting with financial applications.
The security of Add.xyz (OLD), like most cryptocurrencies, is likely underpinned by cryptographic principles and consensus mechanisms that validate and record transactions on the blockchain. The team behind Add.xyz would have implemented security measures to ensure the integrity of transactions and to protect user funds on the platform.
As of the current update, there is a circulating supply of approximately PLT tokens. The total supply of the tokens might also be defined, which is set at 120.0M. The distribution and circulation can affect the value and price of the token.
The market capitalization of Add.xyz (OLD) stands at $ , ranking it at #1 in the market. Market capitalization is calculated by multiplying the total number of coins in circulation by the current price of an individual unit.
Add.xyz (OLD) can be purchased on various cryptocurrency exchanges. The Hotbit, Bibox, KuCoin are some of the places where PLT is currently being traded. To buy PLT, you would typically need to register an account on one of these exchanges, complete any necessary KYC processes, and then trade another cryptocurrency or fiat currency for PLT tokens.
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