StakeNet (XSN)

Market Cap

$9,542,286 USD

Volume (24h)

$76,295 USD

3.1
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Stakenet Markets Rank: 1/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Stakenet Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Stakenet Market Cap Rank: 89/100

  • 24h Change

    Is the price moving up or down?

    Stakenet 24h Change Rank: 51/100

  • Social Following

    How many users are following this coin?

    Stakenet Social Following Rank: 69/100

  • Google Trends

    How many users are searching for the coin?

    Stakenet Google Trends Rank: 10/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Stakenet Twitter Citation Rank: 24/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Stakenet User Voting Rank: 42/100

Stakenet investment analysis

Stakenet is a service intended to facilitate the storage and staking of various cryptocurrency assets. They will offer investors a multi-currency wallet which can even function without them being online. This adds a huge amount of safety to staking, which is normally done in a hot wallet. Those who utilize the service will also be able to participate in pooled masternodes, so if you can't quite afford one on your own then you can share the burden with other investors and still earn rewards.

In addition to this, they will also be enabling cross chain atomic swaps and even cross chain dapps. Applications on other chains will actually be able to tap into the system to use their solutions for their own purposes. This makes a stakenet investment very interesting in many ways. In addition, they've created an interesting protocol called trustless proof of stake which adds the ability for holders to delegate funds rather than just send them.

It's an interesting idea, and the XSN roadmap has a lot more great ideas where that came from. Instead of trying to compete with every other currency, they're going to bring virtually every blockchain together so they can exist harmoniously, and they're going to make it easier for investors to manage their funds as well.

How to buy?
current price
$0.11479
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.

+87%
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.

$0.214662
Rankings

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

524/2035
by Safety
1322/2035
by Profit
historical data

How to buy Stakenet?

It's possible to buy Stakenet on a handful of exchanges, and there's adequate trading volume here to execute a fast trade. Bitcoin is by far the highest volume trading pair, but there is surprisingly a US Dollar pair in second place if you'd like to use that option. Some other options include Ethereum, Litecoin, and even Doge. Some of these may have less than ideal trading volume than the top choices though so investors should be sure that they are getting a fair price for these assets as lower volume can often skew the price in one direction or the other.

In order to store your coins, you'll need to use the official wallet options. The online wallet which is the important part of this currency has not yet been released. Until then though they have some desktop client style wallets for Windows, Mac, and Linux operating systems. Always be sure to backup your wallet file for safe keeping, and choose a password that you will remember. If you forget your password or you lose your wallet file these funds cannot be returned to you by anyone.