As of today, the price of SongCoin (SONG) is $ 0.00002834. Moreover, in the last 24 hours, the price of SongCoin has increased by +0.00%.
SongCoin(SONG) is an application-specific altcoin that has been designed primarily for the music industry. By leveraging blockchain technology, SongCoin aims to bring innovative investment products to the music sector. It carries the potential to redefine how artists, fans, and industry professionals interact and transact. You can also download the SongCoin wallet and mine your own SongCoins.
As with many cryptocurrencies, the exact identities of the creators of SongCoin may not be openly available. Nevertheless, a team of dedicated professionals in the field of technology, music, and finance is likely behind the development and maintenance of SongCoin.
Just like any other cryptocurrency, SongCoin functions on the principles of blockchain technology. It allows transactions to be conducted on a decentralized, peer-to-peer network. This implies that SongCoin transactions can be done without the need for an intermediary, such as a bank. Furthermore, SongCoin can be mined, meaning users can generate new SongCoins through the computational solving of complex algorithms.
The uniqueness of SongCoin lies in its application specificity. Unlike most cryptocurrencies which are general purpose, SongCoin is explicitly designed for one industry - the music industry. This focus on a specific sector enables it to cater more effectively to the particular needs of musicians, record labels, and fans, potentially revolutionizing the way the music industry operates.
SongCoin's market cap is at $ , making it the #1 in the global cryptocurrency market. Furthermore, the trading volume of SongCoin in the past 24 hours has been 0.0.
Currently, the circulating supply of SongCoin stands at . The total supply, on the other hand, is . These numbers provide insight into the availability and potential scarcity of SongCoin.
If you're interested in acquiring SongCoin (SONG), it is currently traded on these exchanges: YoBit. Make sure to do your own research and due diligence before proceeding with any transactions. Also, remember that investing in cryptocurrencies carries certain risks and should be done responsibly.
When it comes to storing your SongCoins safely, you can use a digital wallet. Make sure to choose a secure wallet and always guard your private keys. Be cautious of suspicious links and always double-check addresses before sending any transaction.
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