$ 0.0607 USD
$ 0.0607 USD
$ 35.112 million USD
$ 35.112m USD
$ 1.266 million USD
$ 1.266m USD
$ 13.277 million USD
$ 13.277m USD
557.512 million APX
Issue Time
2021-12-21
Platform pertained to
--
Current coin price
$0.0607USD
Market Cap
$35.112mUSD
Volume of Transaction
24h
$1.266mUSD
Circulating supply
557.512mAPX
Volume of Transaction
7d
$13.277mUSD
Change
24h
0.00%
Number of Markets
62
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-38.88%
1Y
-7.46%
All
-3%
Aspect | Information |
Short Name | APX |
Full Name | ApolloX |
Founded Year | 2022 |
Support Exchanges | Gate.io,KuCoin,MEXC Global,BitMart,Uniswap V3 |
Storage Wallet | Hardware Wallets,Desktop Wallets, Mobile Wallets,Web Wallets |
Customer Support | https://t.me/apolloxchange |
ApolloX (APX) is a decentralized e-commerce platform that is built on the blockchain. It aims to simplify e-commerce and reduce the costs associated with it by connecting buyers and sellers directly. The ApolloX platform uses the ApolloX Protocol, a set of built-in functionalities for all essential e-commerce transactions. Buyers and sellers can transact with the APX token, which is the native cryptocurrency of the ApolloX platform. The purpose of the APX token is to facilitate transactions within the ApolloX ecosystem, reward user engagement, and promote the healthy growth of the platform.
Pros | Cons |
Decentralized e-commerce platform | Dependence on blockchain technology |
Direct connection between buyers and sellers | Limited adoption in e-commerce sector |
ApolloX Protocol for essential e-commerce transactions | Complexity of maintaining a decentralized marketplace |
APX tokens to facilitate transactions | Potential volatility of APX token value |
Rewards for user engagement | Need for user understanding of cryptocurrency |
Over the coming decades, APX's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.02734 and $0.1966. In 2040, our forecast suggests APX could reach a peak price of $0.1331,with a potential minimum around $0.02875.Looking ahead to 2050, technical analysis indicates that APX's price could range from $0.01664 to $0.1899,with an estimated average trading price of about $0.05896.
ApolloX (APX) stands out in the world of decentralized crypto exchanges due to several unique features and characteristics:
ApolloX (APX) is a decentralized e-commerce platform operating on blockchain technology, specifically focusing on the e-commerce sector. The core principle of its operation is to enable direct interaction between buyers and sellers without the need for intermediaries, thereby potentially reducing costs and improving the efficiency of transactions.
The platform uses the ApolloX Protocol, which is a set of built-in functionalities designed for all essential e-commerce transactions. This includes different modules that handle various tasks such as attributing trust to various actors in the network, managing disputes, and processing payments.
Transactions within the ApolloX ecosystem are conducted using APX, the native token of the platform. This token is not only used as a medium of exchange but also plays a crucial role in incentivizing user activity and engagement. Exchange of goods and services for APX tokens takes place directly between the buyer and seller, further enhancing transparency.
Transparent data access rules and smart contracts ensure security and simplicity of transactions. Meanwhile, a community arbitration process facilitated by the ApolloX Protocol handles disputes and establishes trust in the system.
The price of APX has fluctuated significantly since its launch in July 2023. It reached an all-time high of over $0.30 in August 2023, but fell to below $0.10 in September 2023. The price has since recovered somewhat, but is still trading well below its all-time high.
The price fluctuation of APX is due to the same factors that affect the price of all cryptocurrencies, such as supply and demand, investor sentiment, and media hype. However, the small circulating supply of APX could make it more volatile than other cryptocurrencies.
Over the coming decades, APX's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.02734 and $0.1966. In 2040, our forecast suggests APX could reach a peak price of $0.1331,with a potential minimum around $0.02875.Looking ahead to 2050, technical analysis indicates that APX's price could range from $0.01664 to $0.1899,with an estimated average trading price of about $0.05896.
On Gate.io, you can trade APX against USDT, BTC, ETH, BNB, and TRX, with trading pairs like USDT/APX, BTC/APX, ETH/APX, BNB/APX, and TRX/APX.
Similarly, KuCoin provides trading pairs for APX with USDT, BTC, ETH, BNB, and TRX. MEXC Global offers trading options with USDT, BTC, ETH, and BNB, featuring pairs like USDT/APX, BTC/APX, ETH/APX, and BNB/APX.
BitMart also supports APX trading with USDT, BTC, ETH, and BNB pairs.
For those who prefer decentralized exchanges, Uniswap V3 allows you to trade APX against ETH.
It's worth noting that exchange offerings may evolve, so staying informed about the latest listings and trading pairs is advisable for making informed investment decisions.
1. Hardware Wallets: These types of wallets are considered some of the most secure since they store your private keys offline on a physical device. Due to their security feature, they are ideal for storing large amounts of cryptocurrencies. Examples include products like Ledger or Trezor.
2. Desktop Wallets: These are programs that you can download and install on your PC or laptop. They only can be accessed from the computer in which they were downloaded. While they offer a good level of security, they can still be compromised if your computer gets infected with malware.
3. Mobile Wallets: These wallets run on apps on your smartphone. Their advantage is that they can be used anywhere including retail stores. Mobile wallets are usually much smaller and simpler than desktop wallets because of the limited space available on a mobile.
4. Web Wallets: These wallets allow you to manage your cryptocurrencies from a web browser. While they can be accessed from anywhere easily, they also present a higher risk as they can be targets for hacking attempts. Examples include wallets provided by online exchange platforms.
5. Paper Wallets: These are an offline way of storing cryptocurrencies. It includes printing out your public and private keys on a piece of paper which can then be stored securely. This kind of wallet then can be used to send assets by entering the private key into a software wallet.
Before storing any cryptocurrencies, it's advised to do your own research regarding the compatibility of the wallet with the APX token, the security measures that the wallet provider has put in place, and user reviews to mitigate the risk of potential threats and scams.
Investing in ApolloX (APX) or any other cryptographic currency is suitable for individuals who:
1. Understand and Believe in Blockchain Technology: Cryptocurrency is based on detailed, complex technology. Before investing, the individual should have a good understanding of blockchain technology and its potential for disruption, particularly in sectors like e-commerce in the case of ApolloX.
2. Are Willing to Take Risks: The value of cryptocurrencies fluctuates rapidly, with high volatility. It could offer significant returns, but also the potential for substantial losses.
3. Are Technically Inclined: Using, storing, and transacting with cryptocurrencies requires some technical savvy. ApolloX, in particular, involves interactions with a decentralized marketplace, which might require a good level of understanding of how blockchain and cryptocurrencies work.
4. Have Diversified Investments: Crypto should ideally be a part of a diversified portfolio. By having a diversified portfolio, you spread the risk across diverse assets and investment types.
Before investing in ApolloX (APX) or any cryptocurrency, it's essential to:
1. Do Your Research: Understand the ApolloX platform: its aims, its utility, and how the APX token functions within it.
2. Understand the Market: The crypto market is significantly influenced by market sentiment. It's crucial to be aware of current trends and to understand that cryptocurrencies can potentially make large swings in value.
3. Consult Financial Advisors: It's recommended to consult with a financial advisor or perform your due diligence before making significant investments in cryptocurrency or any other asset class.
4. Be Aware of Legal Regulations: Different countries have different legal stances on cryptocurrencies. It's essential to be aware of the legal regulations about cryptocurrency in your own location.
Remember that investments in cryptocurrencies should only be undertaken with money that one can afford to lose due to their volatile nature.
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