- #4460
Sora XOR
XOR Price
Market Cap
$499,251.88Rank #4460FDV
$499,251.88Rank #7499Investors
X Followers
Detailed Performance
XOR shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
XOR to USD Converter
Price History
- All-Time High
- $982.332728694444x to ATH
- All-Time Low
- $0.0₅351.03x to ATL
- Trade Launch Date
- 29 Apr, 2020
1697 days ago
Exchanges
Exchanges type
About XOR
Sora is a decentralized economic system that aims to enable economic growth by allocating resources and creating new purchasing power. It is backed by Soramitsu, a reputable company in Japan, and has a large development team working on it. Sora allows users to store assets from different networks in one app, send assets between networks, and swap assets using Polkaswap. It also has governance and staking features. Additionally, SORA has its own unique typeface called SORA typeface, which is open-sourced.
What makes Sora unique?
SORA is unique compared to other cryptocurrencies in several ways:
1. Decentralized and democratic: SORA aims to establish a new economic world order that is truly decentralized and democratic. It envisions financial inclusion for all without discrimination, providing equal opportunities to manage day-to-day finances.
2. Resolving challenges: SORA sets out to address many of the challenges faced by current cryptocurrencies through math and innovation. It aims to offer solutions to issues such as slow transaction times, high fees, and excessive energy consumption.
3. Technically efficient: SORA is designed to be a technically efficient cryptocurrency. Transactions on the SORA network have an average completion time of 3 seconds and cost only a few cents. In comparison, Bitcoin transactions can take up to 15 minutes and cost several dollars. SORA also consumes minimal electricity, making it more environmentally friendly.
4. Super-national banking system: SORA serves as a decentralized super-national banking system for the metaverse. It offers features like Polkaswap, the first decentralized exchange (DEX) built on SORA, which includes a stable coin through Moonpay. This provides users with greater flexibility and accessibility in managing their assets.
5. Utility token and staking: XOR is the utility token used on the Polkaswap DEX to provide liquidity and pay for services. Additionally, XOR can be staked in validators, earning users rewards in the form of VAL tokens. This staking system promotes decentralization with a network of validators.
Overall, SORA's combination of decentralization, technical efficiency, and innovative features sets it apart from other cryptocurrencies in the market.
Live Sora Price Data
The current price of Sora (XOR) is approximately $0.0₅36, reflecting a decrease of -27.23% in the last 24 hours. The XOR trading volume in the last 24 hours stands at $71,949.98. Sora's market cap is currently $499,251.88, accounting for about < 0.01% of the total crypto market cap. The circulating supply of XOR is 1.39 trillion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Sora's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on XOR, check out our crypto insights page.
Official Links
XOR to USD Converter
Price History
- All-Time High
- $982.332728694444x to ATH
- All-Time Low
- $0.0₅351.03x to ATL
- Trade Launch Date
- 29 Apr, 2020
1697 days ago