HEX (HEX) Self Reported Market Capitalization Hits $776.96 Million

HEX (HEX) traded up 0.2% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on June 16th. One HEX token can now be bought for about $0.0014 or 0.00000002 BTC on cryptocurrency exchanges. During the last seven days, HEX has traded 7% lower against the U.S. dollar. HEX has a total market cap of $776.96 million and $59,861.87 worth of HEX was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.23 or 0.00000338 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.3% against the dollar and now trades at $0.0104 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About HEX

HEX was first traded on December 2nd, 2019. HEX’s total supply is 633,542,658,973 tokens and its circulating supply is 572,170,573,415 tokens. HEX’s official Twitter account is @hexcrypto and its Facebook page is accessible here. The Reddit community for HEX is https://reddit.com/r/hexcrypto and the currency’s Github account can be viewed here. HEX’s official website is hex.com.

According to CryptoCompare, “## What is HEX?

HEX is a cryptocurrency that was launched in December 2019. It is based on the Ethereum blockchain and uses a proof-of-stake consensus algorithm. HEX is designed to be a high-interest blockchain-based savings account, where users can earn interest by staking their HEX tokens for a set period of time. It has a fixed supply of 687,540,000 HEX tokens, which were distributed through a “free claim” process for Bitcoin holders and through direct purchase on cryptocurrency exchanges.

## Who created HEX?

HEX was created by Richard Heart, a well-known figure in the cryptocurrency community. Heart is a serial entrepreneur, author, and self-proclaimed “Bitcoin maximalist” who has been involved in the cryptocurrency industry since its early days.

## What is it used for?

HEX is primarily used as a high-yield savings account where users can earn interest on their holdings by staking their tokens for a set period of time. The longer a user stakes their tokens, the higher the interest rate they can earn. HEX is also traded on various cryptocurrency exchanges, where users can buy and sell the token for other cryptocurrencies or fiat currencies. However, it’s important to note that investing in HEX or any other cryptocurrency carries significant risks, and users should always conduct their own research and due diligence before investing.”

Buying and Selling HEX

It is usually not possible to purchase alternative cryptocurrencies such as HEX directly using US dollars. Investors seeking to trade HEX should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase HEX using one of the exchanges listed above.

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