WHALE price is $0.73087900
The price of WHALE has increased recently, reflecting its dynamic nature like many digital assets. Precisely, WHALE's price is currently $ 0.73087900, representing a +5.69% change in the past 24 hours.
WHALE is a unique cryptocurrency that often attracts attention within the digital asset space. Unlike traditional cryptocurrencies, WHALE positions itself as a social currency that underpins a community focused on the intersection of blockchain, digital art, and gaming.
The identity of the individuals or organization behind WHALE is not disclosed in the information provided. Typically, the creation of a cryptocurrency can be the result of efforts from a single individual, a collaborative team, or an organization. For WHALE, those interested would need to do further research or visit the official website for more information on its founders.
WHALE operates on blockchain technology, which is a decentralized and distributed ledger system. It is commonly utilized to create a secure and transparent environment for transactions. WHALE would typically involve a set of rules or smart contracts that govern the token's distribution, governance, and any other feature unique to its ecosystem.
The uniqueness of WHALE stems from its purpose as a social currency. It's designed to be more than just a medium for financial transactions. It aims to create value for a community, often around niche areas such as digital art collections, gaming achievements, or membership in a particular group. This can add a layer of social status and value to the currency that's different from traditional cryptocurrencies.
As with most cryptocurrencies, WHALE would also utilize cryptographic methods to secure its network. Depending on the underlying blockchain technology it employs, it might use proof-of-work (PoW), proof-of-stake (PoS), or another consensus mechanism to validate transactions and protect the network from double-spending and other fraudulent activities.
The current circulating supply of WHALE tokens is 9.1M, and it has a total supply that might be capped or uncapped, depending on the token's design. Typically, the distribution of tokens is predetermined by the team behind the project and outlined in their white paper or official documentation.
WHALE typically has a functional role within its dedicated community, often used as a means to transact, participate, or invest in community-centered projects. The social value attributed to WHALE can be of paramount importance for the community it serves, potentially granting access to events, voting rights, or other community-specific benefits.
For any upgrades in WHALE's technology, the process would likely involve community governance or decisions made by the development team. If WHALE allows for decentralized governance, token holders might have the opportunity to propose or vote on upgrades and changes to the protocol.
WHALE can be purchased on various cryptocurrency exchanges, depending on its availability and the decisions of those platforms. The specifics of where it can be traded may vary, and interested buyers should look at the current list of exchanges that support WHALE transactions.
Keeping your WHALE tokens safe is similar to the security measures taken for other cryptocurrencies. Users are advised to store tokens in a reputable wallet, enable two-factor authentication, use strong, unique passwords, and be cautious of phishing attempts and scams. Hardware wallets are often recommended for added security, especially for larger amounts of tokens.
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