As of now, the current price of ZrCoin (ZRC) is $ 0.02157262, with a 24-hour trading volume of 0.0. In the last 24 hours, the price of ZrCoin has increased by +0.00%.
ZrCoin (ZRC) is a unique type of cryptocurrency project. It uses blockchain technology not simply as a means of transferring digital assets, but as a tool for investing in the production of an industrially important material. The project aims at providing a reliable method for preserving and increasing capital funds, as its value is tied to a real-world commodity and is thus less vulnerable to inflation or the typical volatility associated with cryptocurrencies.
The specifics about the creators or the team behind ZrCoin are not provided. However, the project maintains a presence online and stakeholders can get notable updates from their official website - zrcoin.io.
In a nutshell, ZrCoin functions as a blockchain option for investing in an industrial material. It differs from many other cryptocurrencies in that it's not only used as a digital asset but also as a form of investment tied to a tangible commodity. It's important to understand that the value of ZrCoin does not derive solely from market forces of supply and demand, as with most cryptocurrencies. Instead, it is also influenced by the cost of the underlying industrial material. This unique structure is what allows ZrCoin to claim its reduced susceptibility to prevalent crypto market volatility and inflation.
The standout feature of ZrCoin is its distinct approach to value. Unlike most cryptocurrencies, whose value is determined entirely by market conditions, ZrCoin's value derives also from the price of a specific industrial material. This real-world tethering is designed to prevent ZrCoin from being affected by the typical inflation and excessive volatility seen in many cryptocurrencies. Therefore, it is intended to serve not only as a form of digital currency, but also as an investment tool with an underlying asset that offers a level of financial stability.
The total supply of ZrCoin is 5.0M and the circulating supply is reported to be 3.9M. However, please note that these figures can fluctuate due to various factors.
ZrCoin (ZRC) depends on the availability of markets and exchanges it's traded on. Currently and to the best of our knowledge, ZrCoin can be bought or traded on the following exchanges: YoBit. Please make sure to do your own research before making decisions regarding cryptocurrency trading.
Storing any cryptocurrency safely requires understanding of core principles like private key management, wallet selection, and basic online security practices. Always consider using hardware wallets for storing significant amounts of ZrCoin or any other cryptocurrency as they are considered the safest. Also, it's recommended to keep your software updated, use strong and unique passwords, and be extra careful with phishing attacks. Always remember, the security of your cryptocurrencies is largely in your hands.
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