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M. Cap: $2.42 T 0.99%24h Vol: $108.72 B -1.95%BTC: $64,928.09 1.15%ETH: $3,177.00 1.35%S&P 500: $5,049.28 -0.46%Gold: $2,332.07 0.68%BTC Dominance: 52.80%
  • #1302

ScPrime SCP

SCP Price

$0.1695-1.14%
Price Range--
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Market Cap 

$8.15 MRank #1302

FDV 

$9.29 MRank #1492

Investors

Twitter Followers

Twitter Performance

137Rank by Twitter #9001
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Detailed Performance

SentimentNeutral

SCP shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
SCP/USD
0.06%-1.15%3.52%-0.84%8.80%47.38%
SCP/BTC
-0.14%-2.26%1.35%8.44%-33.20%-35.89%
SCP/ETH
-0.30%-2.46%0.03%13.28%-23.85%-13.52%
SCP/DeFi
-0.39%-1.07%-0.52%40.40%-10.34%-18.04%
SCP/Big Data
-0.45%-1.45%-4.00%32.98%-19.69%-34.75%

SCP to USD Converter

SCP

Price History

All-Time High
$3.47
20.47x to ATH
All-Time Low
$0.00000792
21402x to ATL
Trade Launch Date
15 Dec, 2019
1593 days ago

About SCP

ScPrime is a blockchain network that operates on a dual-token system. The network uses SCP coins as a utility coin for smart contracts on the renter-host protocol. Additionally, there is a passive yield token called SPF that functions as equity in the network and earns a percentage of every transaction between clients and providers. The purpose of SPF is to provide a long-term revenue stream for development and potentially serve as another pool for incentives.

What makes ScPrime unique?

ScPrime has several unique features that set it apart from other cryptocurrencies.
Firstly, ScPrime is a dual-token network. The SCP token is a utility coin that facilitates smart contracts on the renter-host protocol. On the other hand, the SPF token is a passive yield token that acts as equity in the network, earning a percentage of every transaction between clients and providers. This dual-token system provides a long-term revenue stream for development and incentives.
Secondly, ScPrime differentiates itself through its renter architecture. Unlike other cryptocurrencies like Sia, where individual users have to manage their own storage contracts, ScPrime allows Xa Net Services (XNS) customers to store and access data using their favorite applications directly. This compatibility with common storage-related applications makes it more convenient for users.
Furthermore, ScPrime has an uncapped supply of coins, but the emission rate beyond a certain point remains low. This ensures that new coins are introduced gradually, preventing inflation. Additionally, a significant portion of coins has been allocated for network build-out and incentives, specifically for storage providers. This helps to incentivize participation in the network and supports its growth.
Lastly, the ScPrime project is considering a minor change to its consensus algorithm to improve transparency and provide a more fair and permissionless process for creating SCP coins through Proof of Work mining. This change demonstrates the project's commitment to continuously improving and refining its technology.

Live ScPrime Price Data

The current price of ScPrime (SCP) is approximately $0.1695, reflecting a decrease of -1.14% in the last 24 hours. The SCP trading volume in the last 24 hours stands at $2,189.49. ScPrime's market cap is currently $8.15 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of SCP is 48.10 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand ScPrime's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on SCP, check out our crypto insights page.

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