PRivaCY Coin price is $0.00597962
| Market Rank | #3790 |
|---|---|
| Market Cap | $ 90.1K |
| Volume 24h | $ 1.1K |
| Circ. Supply | 15.1M |
| Total Supply | 61.2M |
| Max Supply | 70.0M |
The current price of PRivaCY Coin (PRCY) is $ 0.00597962.
PRivaCY Coin (PRCY) is a type of digital asset known as a cryptocurrency. It operates on decentralized systems offering users control over their money and eliminating intermediaries. Transactions and issuance of PRCY are governed by cryptographic principles, hence the "crypto" in cryptocurrency.
Just like many other digital currencies, PRivaCY Coin is the product of an anonymous set of developers. Their motivation was to create a decentralized currency that provides users with a private, secure, and untraceable way to make transactions.
The uniqueness of PRivaCY Coin (PRCY) lies in its focus on privacy. It leverages advanced cryptographic techniques to keep transactions private and untraceable, making it one of the global front-runners in private digital currency.
PRivaCY Coin, like many cryptocurrencies, is acquired through a process called mining. Mining refers to the process of solving complex mathematical problems to validate transactions on the network and add them to the blockchain. Notably, mining affects the PRCY network by providing security, promoting decentralization, and creating new coins in the process.
When a PRivaCY Coin halving occurs, the rewards for mining the coin are cut in half. This effect tends to create a temporary scarcity of the coin in the market, which can drive up the price if demand remains steady or increases. However, as with all cryptocurrencies, other factors can also influence the price.
Given that PRivaCY Coin prioritizes privacy, it employs state-of-the-art cryptographic security measures to protect user data. It uses a blockchain which is a decentralized, transparent, yet immutable ledger to secure transactions.
The current circulating supply of PRivaCY Coin (PRCY) is 15.1M.
PRivaCY Coin can be considered a store of value due to its capped total supply of 61.2M. With a finite supply, it is less susceptible to inflation, making it a potential store of value over the long term.
Over the past 24 hours, the price of PRivaCY Coin (PRCY) has decreased by -0.89%.
The safest place to buy PRivaCY Coin (PRCY) is on reputable, well-established cryptocurrency exchanges. As of now, PRCY can be purchased on the following exchanges: Hotbit, TradeOgre, STEX.
Secure storage of your PRivaCY Coin can be achieved using a cryptocurrency wallet, which can range from hardware, software to paper wallets. Always look for a wallet that provides strong security features, including encryption and backup options.
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