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    CENNZnet

    CENNZ

    Rank #1158

    $0.01952

    -0.34%
    24H Low$0.01832
    $0.0225124H High
    24H Volume
    $75713
    All-Time High(ATH)
    $0.5402
    All-Time Low(ATL)
    $0.001009
    Market Cap
    $23.42 M
    Fully Diluted Valuation
    $23.42 M
    Market Cap/FDV
    100%
    Circulating Supply
    1.2 B CENNZ
    Total Supply
    1.2 B CENNZ
    Max Supply
    1.2 B CENNZ
    Market Sentiment
    Neutral
    * Data from 3rd parties

    CENNZnet (CENNZ) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -1.16%
    24H
    $--
    -0.34%
    7D
    $--
    -19.5%
    30D
    $-0.03000
    -59.65%
    1Y
    $--
    +30.59%

    Credibility Indicators

    69.08

    Reliability Score

    Rank #1

    # 2277

    Percentile

    TOP 15%

    Live CENNZnet (CENNZ) Price Update

    CENNZnet price today is $0.01952 with a 24-hour trading volume of $75713, and as such CENNZnet has a market cap of $23.42 M, giving it a market dominance of 0.00063%. The CENNZnet price moved -0.3400% in the last 24 hours.

    CENNZnet reached its highest price on 2018-04-24 when it was trading at its all-time high of $0.5402, while its lowest price was recorded on 2023-06-27 when it was trading at its all-time low of $0.001009. The current lowest price since the last cycle high was $0.001009, and the highest price since the last cycle low was $0.5402. The social sentiment of CENNZnet is currently Positive.

    The current circulating supply of CENNZnet is $1.2 B CENNZ. In terms of market cap, CENNZnet is currently ranked 1158.

    About CENNZnet (CENNZ)

    What is CENNZnet? CENNZnet is a New Zealand built public blockchain network which powers decentralised applications (DApps) and the crypto currency CENNZ and CPAY. It's a user-first dapp platform which makes blockchain based services accessible for first time builders and end users so that everyone can enjoy the increased network transparency, data privacy and reliability that decentralisation offers. How does CENNZnet work? The dual token economy CENNZnet uses a unique dual token system in order to help developers, users and token holders get the best from the network. CENNZnet has 2 tokens: CENNZ - the staking token which works separately to block rewards. This means it can increase in value without impacting the cost of using the network. This is important so the price of CENNZ can continue to increase without impacting the amount developers and users pay to use DApps. CPAY is the gas in the network and is used to pay transaction fees. It is also a block reward payment in staking. It’s designed to be algorithmically stable, so it will retain a steady value. This means developers creating DApps on the network can easily predict the cost of their application, and stakers can easily predict the value of their stake. Consensus mechanism: Proof of Stake CENNZnet uses a Proof of Stake consensus mechanism. This is where node operators hold, or stake, their tokens in a particular wallet as collateral against their promise to perform their duties correctly. If they do perform their duties correctly they receive a reward in our CPAY token. If they do not then the staked tokens are slashed, or fined. Other token holders can also stake their tokens against node operators (validators) of their choosing in order to receive a portion of the CPAY reward. This system helps to secure the network by incentivising the community to follow protocol and prevent attacks. Governance CENNZnet functions 100% on-chain using blockchain’s built in voting mechanisms. In CENNZ

    FAQs

    1. What determines the price movement of CENNZnet?

    There are two schools of thought in determining the price of CENNZnet.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of CENNZnet, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of CENNZnet from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of CENNZnet on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for CENNZnet as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for CENNZnet and the cryptocurrency market as a whole.

    CENNZnet Tokenomics

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    CENNZnet Analysis

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