Market Rank | #3337 |
---|---|
Market Cap | $ 1.1M |
Volume 24h | $ 31.9K |
Circ. Supply | 0.4M |
Total Supply | 0.5M |
Max Supply | 0.5M |
The current price of Strong (STRONG) is $ 2.71. In the last 24 hours, the price has increased by +3.00%. As with any cryptocurrency, prices fluctuate regularly due to market conditions.
Strong (STRONG) is a cryptocurrency that operates on its native platform. The primary aim of Strong is often to provide solutions within a specific sector of the blockchain world, such as enhancing network performance or offering unique features for its users. As with many cryptocurrencies, it operates on a decentralized network and uses blockchain technology for secure transactions.
The founders of Strong are individuals or a team who noticed a demand in the blockchain ecosystem and crafted this coin to offer a unique proposition. They would be responsible for the conceptualization, development, and deployment of the Strong network.
Strong works utilizing blockchain technology. Transactions with Strong are recorded on a ledger that is maintained across a network of computers, making those transactions transparent and immutable. The specific mechanisms of how Strong operates would depend on the protocols and consensus mechanism it uses, ensuring transactions are verified and secure.
Strong's uniqueness comes from the particular problem it aims to solve or the niche it targets within the cryptocurrency landscape. It could be anything from a novel governance structure, an innovative staking mechanism, or a special utility within its ecosystem. The defining characteristics of Strong would rest on its use-case and the benefits it offers to its users compared to other similar cryptocurrencies.
Typically, a cryptocurrency network like Strong's is secured through consensus mechanisms such as Proof of Work (PoW), Proof of Stake (PoS), or other variants. These mechanisms ensure that transactions are verified by network participants in a trustless and decentralized manner.
The total supply of Strong (STRONG) is 0.5M. This is the maximum amount that will ever exist in the ecosystem, designed to control inflation and simulate scarcity which can potentially impact the asset's value.
The circulating supply of Strong (STRONG) is 0.4M. This number represents the amount of Strong currently available and being used or traded in the market. The difference between total supply and circulating supply can often indicate how much is held in reserve or locked up for various reasons.
Strong (STRONG) can be purchased on several cryptocurrency exchanges. Some of the platforms where you can find Strong include KuCoin, Gate.io, Poloniex. It's important to choose a reputable exchange and ensure you are following all necessary security protocols when buying cryptocurrencies.
Keeping your Strong (STRONG) safe involves using secure wallets, having strong passwords, enabling two-factor authentication, and being cautious of phishing scams. Always make sure to control your private keys and use hardware wallets for large amounts of cryptocurrencies to provide an added layer of security.
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