One of the top performing cryptocurrencies of the day is Factom. Factom (FCT) is currently up 7.85% compared to USD over the last 24 hours, ending at 07:00 AM Eastern Standard Time on November 17, 2018. FCT has a current market cap of $50,884,134. Factom traded with a volume of$2,153,514. One Factom token can be bought for $5.82 or 0.001047024 BTC. The amount of Factom in circulation is 8,745,102 FCT.
Top Cryptocurrency Gainers From the Last 24 Hours:
Insight Chain (INB) traded 5.43% higher against the dollar. It now trades at $0.326501 or 0.000058738 BTC on $36,694,987 in volume today.
Holo (HOT) was up 3.76% against the dollar. It now trades at $0.000817 or 0.000000147 BTC on $2,960,240 in volume today.
Elastos (ELA) traded at a 3.68% increase against the dollar. It now trades at $5.79 or 0.001041627 BTC on $2,045,574 in volume today.
Huobi Token (HT) traded 3.27% higher against the dollar. It now trades at $1.33 or 0.000239268 BTC on $9,089,142 in volume today.
ODEM (ODE) was up 2.72% against the dollar. It now trades at $0.245238 or 0.000044119 BTC on $784,510 in volume today.
Dentacoin (DCN) traded at a 1.32% increase against the dollar. It now trades at $0.000176 or 0.000000032 BTC on $22,373 in volume today.
Revain (R) traded 1.29% higher against the dollar. It now trades at $0.170067 or 0.000030595 BTC on $2,632,732 in volume today.
Electroneum (ETN) was up 1.26% against the dollar. It now trades at $0.012697 or 0.000002284 BTC on $534,648 in volume today.
WAX (WAX) traded at a 1.14% increase against the dollar. It now trades at $0.096492 or 0.000017359 BTC on $526,173 in volume today.
TenX (PAY) traded 1.03% higher against the dollar. It now trades at $0.463116 or 0.000083315 BTC on $484,384 in volume today.
Additional Information About Factom
Factom (CRYPTO:FCT) started on 10/5/2015. The company website for Factom is factom.org. Check out Factom’s official Facebook page. Factom’s Twitter handle is @factom. The Reddit community chat for Factom is r/factom.
How To Trade Factom
Will Factoids have their own blockchain? Ultimately Factoids will be implemented on their own Chain in Factom. For the crowd sale, other options are possible. How are Factoids created? Two ways. Factoids will be created as a part of the crowd sale. Secondly, Factoids will be created at a fixed rate and paid to the Factom Servers and Audit Servers for their work running the system, and to pay other incentives. Is there a separate Proof of Work or other consensus mechanism for factoids, independent of factom? No. That said, the Factom chain and the Entry chain are managed by the Factom Servers (they are the application using these chains) so they validate them in real time. No invalid entries can be placed in these chains. How do factoids get sent back to the protocol? Is it a kind of burn? No. The Entry Credits are burned. Entry Credits are non transferable. They can only be used to buy entries. But when they DO buy entries, the Factoid in the protocol that was used to buy the Entry Credits is released. The amount of Factoids varies since the price of Entry Credits per Factoid varies. The Factoid paid out is calculated by dividing the total number of Factoid in the protocol by the number of outstanding Entry Credits. The number of Factoids in the protocol and the number of outstanding Entry Credits are all computable from the Entry Chain and the Factoid Chain. (Description provided by CryptoCompare) Factom can be purchased or sold on the following cryptocurrency exchanges: , , , , and .
This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.
Want the latest crypto news? Join our Telegram Channel