DXS is a USD-pegged stablecoin on the Ethereum blockchain designed to maintain a 1:1 value ratio. It is regulated by Prime Trust based on U.S. dollar reserves and is primarily used for crypto asset trading, payments, and exchanges.
Introduction to the DXS currency
DXS is a utility token based on the Ethereum blockchain and belongs to the stable currency.
Issuance
The initial issuance of DXS is 10 billion, but the current circulation is unknown.
Issue Price
DXS coin does not have an official issuance price because it is not issued through an ICO or IEO. Its value is determined by market supply and demand.
Stablecoin Features
DXS is pegged to the US dollar and aims to maintain a 1:1 value ratio. To achieve this, the supply of DXS is regulated by its affiliate Prime Trust based on U.S. dollar reserves.
Uses
DXS is mainly used for the following purposes:
Current situation
DXS coin is currently listed on some cryptocurrency exchanges, but its trading volume and market share are relatively small. Its value is currently around $0.99.
Dx Spot Price Changes
Currently, the price of Dx Spot is $7.4713937235811E-6. In the last 24 hours, trading volume was $16.44.
Price Change Factors
The main factors leading to the price increase of Dx Spot have not yet been identified.
Future Price Trend
Due to the lack of clear driving factors, the future price trend of Dx Spot is difficult to predict.
Advice
It is recommended to exercise caution and monitor the situation before making an investment decision.
Short-Term Forecast
In the short term, the price of Dx Spot is likely to remain volatile around current levels.
Indicator
The above is the detailed content of What currency does DXS belong to? List of DXS currency issuance volumes and issuance prices. For more information, please follow other related articles on the PHP Chinese website!