CUDOS (CURRENCY:CUDOS) traded up 3.7% against the dollar during the twenty-four hour period ending at 12:00 PM ET on April 12th.CUDOS has a total market cap of $40.80 million and $2.19 million worth of CUDOS was traded on exchanges in the last 24 hours.One CUDOS coin can now be bought for $0.0636 or 0.106 BTC on major cryptocurrency exchanges.During the last week, CUDOS has traded down 10.7% against the dollar.
Here’s how related cryptocurrencies have performed during the last 24 hours:
Get CUDOS alerts: Chainlink (LINK) traded 1.8% lower against the dollar and now trades at $32.52 or 0.00054127 BTC.THETA (THETA) traded down 2.6% against the dollar and now trades at $11.95 or 0.00019894 BTC.
DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
Crypto.com Coin (CRO) traded 3% lower against the dollar and now trades at $0.20 or 0.341 BTC.Binance USD (BUSD) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001667 BTC.Aave (AAVE) traded 6.3% higher against the dollar and now trades at $392.54 or 0.00653259 BTC.
FTX Token (FTT) traded 3.6% higher against the dollar and now trades at $51.85 or 0.00086294 BTC.Huobi Token (HT) traded 9.2% higher against the dollar and now trades at $21.10 or 0.00035121 BTC.PancakeSwap (CAKE) traded up 1.7% against the dollar and now trades at $25.12 or 0.00041811 BTC.
CUDOS Coin Profile
CUDOS is a coin.
Its genesis date was January 8th, 2021.CUDOS’s total supply is 10,000,000,000 coins and its circulating supply is 641,925,438 coins.CUDOS’s official Twitter account is @CUDOS_ .
According to CryptoCompare, “ CUDOS is a decentralised compute network that cn provide multiple blockchain ecosystems with the following benefits: – Trusted layer 2 validator network built on the Tendermint protocol- EVM and Wasm compatibility, in order for smart contracts to be deployed on CUDOS using Solidity or next-generation languages so long as they compile to WebAssembly.I.e.
Golang, Rust, Java etc.- Cross-chain or Horizontal interoperability thanks to the network’s Inter Blockchain Communication (IBC) integration, which allows for Cudos Network smart contracts to run on multiple networks.- 10x lower transaction and gas costs compared to those on PoW networks- A massively scalable network to facilitate more sophisticated smart contract operations- Higher performance with anywhere between 200 to 500 Peak TPS on the network- Access to a globally distributed layer 3 network of secure cloud, and compute, resources- Turing complete solutions for non-turing complete Layer 1 blockchain networksCUDOS aims to tackle the Blockchain scalability issue by providing a highly scalable layer 2 and 3 solution, connecting both onchain and offchain consumers to the network via smart contracts and APIs.The CUDOS token serves the following clear purposes: Network governance and operations, a staking mechanism for receiving blockchain and cloud workloads and as a medium of exchange (MoE).There is a maximum supply of 10 billion CUDOS tokens released over a 10 year period (starting from the 11th January 2021).”
Buying and Selling CUDOS
It is usually not presently possible to buy alternative cryptocurrencies such as CUDOS directly using US dollars.Investors seeking to trade CUDOS should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase , Changelly or GDAX.Investors can then use their newly-acquired Ethereum or Bitcoin to buy CUDOS using one of the aforementioned exchanges.
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