- #5757
Ocean Protocol OCEAN
During the accumulation phase, trading volumes are significantly higher than usual. The price fluctuates within a range for extended periods, delivering failed breaks in both directions, which makes it harder to analyse future price move. Find out more at dropstab.com/insights/accumulation-phase
OCEAN Price
Market Cap
--Rank #5757FDV
$782.13 MRank #2868Investors
X Followers
Detailed Performance
OCEAN shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
OCEAN to USD Converter
Price History
- All-Time High
- $1.943.50x to ATH
- All-Time Low
- $0.0135640.91x to ATL
- Trade Launch Date
- 6 May, 2019
2021 days ago
Fundraising
See more- ICO Price
- $0.12
- Funds Raised
- $39.19 M
- Tokens Sold
- 211.82 M OCEAN
Exchanges
Exchanges type
About OCEAN
Ocean Protocol is a decentralized data exchange protocol that was launched in 2017. It aims to unlock data for AI by connecting data providers and consumers through blockchain technology and the OCEAN token. This allows data to be shared while guaranteeing traceability, transparency, and trust for all parties involved. Ocean Protocol enables data owners to have control over their data assets and give them value without being tied to any single marketplace.
What makes Ocean Protocol unique?
Ocean Protocol is unique compared to other cryptocurrencies because it focuses specifically on the data economy. While many cryptocurrencies aim to be a medium of exchange or a store of value, Ocean Protocol is designed to facilitate the sharing and trading of data. It provides a decentralized data exchange protocol that allows data providers and consumers to connect and transact securely.
One key feature that sets Ocean Protocol apart is its use of datatokens. These tokens are fungible ERC20 tokens that represent access to specific data services. Through datatokens, Ocean Protocol enables data providers to easily publish and monetize their data, while data consumers can use datatokens to access and pay for the data they need. This decentralized access control ensures that data owners have control over their assets and can give them value without being locked into any single marketplace.
Additionally, Ocean Protocol leverages blockchain technology, specifically the Ethereum blockchain, to ensure the security, traceability, transparency, and trust of data transactions. Smart contracts are used to enforce the terms of data exchange, providing a reliable and verifiable framework for all stakeholders involved.
Overall, Ocean Protocol's focus on the data economy, its use of datatokens, and its integration of blockchain technology make it unique compared to other cryptocurrencies that may have different objectives or use cases.
Live Ocean Protocol Price Data
The current price of Ocean Protocol (OCEAN) is approximately $0.5547, reflecting a decrease of -2.62% in the last 24 hours. The OCEAN trading volume in the last 24 hours stands at $1.50 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Ocean Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on OCEAN, check out our crypto insights page.
Official Links
OCEAN to USD Converter
Price History
- All-Time High
- $1.943.50x to ATH
- All-Time Low
- $0.0135640.91x to ATL
- Trade Launch Date
- 6 May, 2019
2021 days ago
Fundraising
See more- ICO Price
- $0.12
- Funds Raised
- $39.19 M
- Tokens Sold
- 211.82 M OCEAN