Blocknet (BLOCK)

Market Cap

$28,210,296 USD

Volume (24h)

$45,207 USD

4.1
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Blocknet Markets Rank: 5/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Blocknet Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Blocknet Market Cap Rank: 93/100

  • 24h Change

    Is the price moving up or down?

    Blocknet 24h Change Rank: 48/100

  • Social Following

    How many users are following this coin?

    Blocknet Social Following Rank: 74/100

  • Google Trends

    How many users are searching for the coin?

    Blocknet Google Trends Rank: 13/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Blocknet Twitter Citation Rank: 67/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Blocknet User Voting Rank: 93/100

Blocknet investment analysis

The Blocknet connects different blockchains together into one network. This lets them communicate, transfer data and their asset's values between each other, you may be familiar with the atomic swap technology, this operates similarly but on a grander scale. This is a decentralized, distributed network that protects the privacy and assets of users as no centralized entity has access to any sensitive information or currency.

The first application built upon this protocol is their own exchange, Block DX, interestingly enough this exchange is totally free, and no permission is needed. Any coin is allowed to list themselves there, and this very interesting feature could be the key to this platform's success believe it or not.

The supply of this coin is very low, and that could make it particularly attractive to investors, as the limited supply could drive the price up easily. This is also a proof of stake coin, which not only makes mining more energy efficient, but it also gives investors the ability to mint additional coins by holding their money in the project. Read on to see why I think a Blocknet investment is promising.

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current price
$5.34
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+497.1%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$31.86
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

98/877
by Safety
314/877
by Profit
historical data

How to buy Blocknet?

It's possible for you to buy Blocknet on a few different exchanges. There's at least one top 5 option, and a few smaller ones, including an option that does not require verification if you'd prefer to make a private purchase. Bitcoin is the only viable trading pair here, while there is a pair available for Litecoin, the volume is too low for it to be useful.

The best place to store your BLOCK is by downloading the official wallet from the coin's website. They have installation packages available for Windows, Linux and Mac operating systems. Make sure that you always backup your wallet files to a safe place, preferably to an external drive for safe keeping to protect your investments.