POP
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POP

POP Network Token
Website https://thepopnetwork.org/
Browser
OTH RELPs
White Paper
Avg Price
+431.25%
1D

$ 0.00005626 USD

$ 0.00005626 USD

Market Cap

$ 17,121 0.00 USD

$ 17,121 USD

24h trading volume

$ 8.57933 USD

$ 8.57933 USD

7d Vol

$ 179.49 USD

$ 179.49 USD

Circulating supply

0.00 0.00 POP

Related information

Issue Time

2000-01-01

Platform pertained to

--

Current price

$0.00005626USD

Market Cap

$17,121USD

Volume of Transaction

24h

$8.57933USD

Circulating supply

0.00POP

Volume of Transaction

7d

$179.49USD

Change

24h

+431.25%

Number of Markets

11

Token conversion

/

Current Rate0

Available

0.00USD

Calculate

WikiBit Risk Alerts

1
Previous Detection 2024-03-28

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

Historical Price

Introduction

Markets

3H

+549.65%

1D

+431.25%

1W

+211.68%

1M

+103.47%

1Y

-80.13%

All

-99.4%

Aspect Information
Short Name POP
Full Name POP Network Token
Founded Year 2018
Main Founders Valerian Bennett
Support Exchanges Binance, Huobi, OKEX
Storage Wallet Metamask, Ledger

Overview of POP

POP Network Token, commonly referred to as POP, is a type of cryptocurrency that was established in 2018. The main founder of this cryptocurrency is Valerian Bennett. POP is notably supported by three main exchanges: Binance, Huobi, and OKEX. As for storage, POP can be stored in digital wallets such as Metamask and Ledger. The popularity and usage of POP have gradually increased since its introduction, as indicated by its adoption on these exchanges and wallet platforms.

basic-info

Pros and Cons

Pros Cons
Supported by major exchanges Relative new in marketplace
Secured by Metamask and Ledger Dependent on the performance of exchanges
Established founder Limited historical data for assessing stability

The POP Network Token, identified by the short name POP, carries a variety of distinct advantages and also presents several potential challenges, as outlined below:

Advantages of POP Token:

1. Support from Major Exchanges: POP is recognized and supported by major cryptocurrency exchanges such as Binance, Huobi, and OKEX. This support contributes to the token's overall credibility and accessibility.

2. Secure Storage Options: Users have the option to store POP tokens in Metamask and Ledger, both of which are reputable and well-secured digital wallets. This enhances the safety of users' assets.

3. Establishment by a Known Founder: Valerian Bennett, a known figure in the cryptocurrency world, is the main founder of the POP Network Token. His involvement adds a layer of trust and reliability to the token.

Potential Challenges of POP Token:

1. Relative Newcomer in Marketplace: Since it was only established in 2018, POP is relatively new to the cryptocurrency market. As a result, its stability and long-term prospects are more difficult to gauge compared to cryptocurrencies with longer market histories.

2. Dependence on Exchanges' Performance: Much of POP's value and credibility comes from its support by major exchanges. If these exchanges were to encounter any challenges or negative issues, it may adversely affect POP's market performance and user confidence.

3. Limited Historical Data: Given its recent establishment, there is limited historical data available for POP for comprehensive assessments of its performance stability or potential return on investment.

What Makes POP Unique?

The POP Network Token, or simply, POP, introduces an innovative approach to the digital media sector through blockchain technology. Unlike typical cryptocurrencies which mostly focus on financial transactions or smart contract platforms, POP specifically aims to decentralize the production and distribution of content, effectively eliminating the intermediaries in the entertainment industry. The token is intended to incentivize content creators and distributors directly.

This places POP in a unique position and market niche compared to conventional cryptocurrencies. Its primary differentiation from others lies in its industry-focused application, specifically targeting the digital media sector. While standard cryptocurrencies usually offer a mode of digital payment or a technological foundation for decentralized applications, POP combines these aspects with the goal of reshaping a concrete industry dynamics - digital content creation and distribution.

However, it's important to note that the success of this innovative direction depends largely on adoption rates within the entertainment industry and whether it can secure the needed network effect. Also, like other cryptocurrencies, POP's market value experiences volatility and its relative novelty adds a degree of uncertainty to its long-term performance.

Circulation of POP

The current circulating supply of POP Network Token (POP) is 0. This means that none of the POP tokens have been released to the public yet.The total supply of POP tokens is 1.6 billion, but the team has not yet announced when or how they plan to release them. It is possible that they will release the tokens gradually over time, or that they will hold a token sale or airdrop.

How Does POP Work?

  • The POP Network Token is a utility token that is used on the POP Network, a decentralized exchange (DEX) platform.

  • POP is used to pay for transaction fees, gas fees, and other services on the POP Network.

  • The POP Network uses a hybrid consensus mechanism called Proof-of-Stake (PoS) and Proof-of-Authority (PoA).

  • The POP Network is designed to be a fast, secure, and scalable DEX platform.

  • It uses a variety of technologies to achieve this, including sharding, cross-chain compatibility, and a high-performance order matching engine.

  • The POP Network is still under development, but it has the potential to be a leading DEX platform.

Exchanges to Buy POP

1. Binance: Binance is known for its extensive list of supported coins, vast number of trading pairs, and lower transaction fees. Although the specific pairs aren't provided, the typical pairs often include BTC, ETH, and USDT.

2. Huobi: Huobi is another popular platform that supports numerous cryptocurrencies. They often provide trading pairs with major cryptocurrencies such as BTC, ETH, and their own native token HT.

Exchanges

3. OKEX: OKEX typically supports a wide range of cryptocurrencies, offering trading pairs against BTC, ETH, and USDT, among others.

4. Bittrex: Bittrex is recognized for its security mechanisms and variety of available cryptocurrencies. They commonly provide trading pairs with BTC, ETH, and USD.

5. Poloniex: Poloniex supports many cryptocurrencies and typically provides trading pairs with BTC, ETH, and USDT.

6. Bitfinex: Bitfinex allows trading with many cryptocurrencies. Most notably, they offer fiat-crypto pairs like USD, Euro besides the usual BTC, ETH pairs.

Exchanges

7. Kraken: Kraken is another platform where a wide range of cryptocurrencies can be traded, often offering trading pairs with BTC, ETH, and traditional fiat currencies like USD and Euro.

8. Coinbase: Coinbase serving users with an extensive cryptocurrency selections. Usually, trading pairs include BTC, ETH, and fiat currencies such as USD and Euro.

9. Bitstamp: Bitstamp carries an array of available cryptocurrencies. It offers trading pairs with major currencies like BTC, ETH, and also traditional currencies such as USD and Euro.

10. Gemini: Gemini is based in the United States and regulated by the New York State Department of Financial Services. The platform supports a range of digital assets and often provides trading pairs with USD, BTC, and ETH.

Please note, the mentioned exchanges typically support broad range of tokens, but for up-to-date and detailed information regarding the available currency and token pairs for POP, it's suggested to check each exchange directly.

How to Store POP?

Storing POP tokens involves using digital wallets that are capable of holding cryptocurrency assets. Specifically, wallets that can support Ethereum-based tokens as POP is an Ethereum-based token.

Here are a few types of wallets where you can store POP:

1. Software Wallets: This type of wallet is in the form of programs or applications that can be installed on your computer or mobile devices. Metamask is an example of a software wallet that supports POP. It is a browser extension that allows you to interact directly with Ethereum-based blockchain networks in your browser.

2. Hardware Wallets: These are physical devices designed to securely store cryptocurrency offline, away from internet hackers. These wallets store your private keys securely and can be connected to your computer when you need to access your assets. Ledger is an example of a hardware wallet that can store POP tokens.

3. Mobile Wallets: These are applications on your mobile devices that can store your cryptocurrencies. Trust Wallet and Coinomi are examples of mobile wallets that support Ethereum-based tokens like POP.

4. Online/Web Wallets: These are wallets that run on the cloud and can be accessed from any computing device in any location. While they are the most convenient to access, they also store your private keys online and are controlled by a third party, so they do carry certain risks.

5. Desktop Wallets: These are wallets that you can download and install on your PC or laptop. They only can be accessed from the single computer in which they are downloaded. Exodus and Atomic Wallet are examples of desktop wallets that support Ethereum-based tokens like POP.

Please proceed with caution when choosing a wallet, especially with online/web wallets. Always look for well-known wallets that have had positive reviews and have a reputation for good security measures.

Should You Buy POP?

Individuals who may find purchasing POP suitable are those interested in digital content creation and distribution industry, and believe in the potential of blockchain technology to decentralize and democratize this field. POP Network Token, or POP, specifically targets this sector and provides an innovative solution to eliminate intermediaries in media.

Here are some pieces of advice for those considering buying POP:

1. Do Your Own Research (DYOR): As with any investment, it's essential to conduct thorough research before investing in POP. Understand its use case, the team behind it, the problem it's solving, and its position in the market. Explore the token's roadmap and any partnerships or agreements they've established.

2. Understanding of the Market: A knowledge and understanding of the cryptocurrency market may help make more informed decisions. The market is known for its volatility, so it's important to be aware of this before investing.

3. Risk Tolerance: Consider the level of risk tolerance. Investing in newer cryptocurrencies like POP can carry a significant amount of risk due to market fluctuations and the relative novelty of the token.

4. Diversification: Don't put all your eggs in one basket. It's generally recommended to diversify investment portfolios. Therefore, in case the value of one asset falls drastically, the impact on the overall portfolio is limited.

5. Secure Storage: If you choose to buy POP, ensure that you have secure storage for your tokens. Wallets like Metamask or Ledger that support Ethereum-based tokens can be considered for storing POP.

6. Regulatory Compliance: Always ensure that your investment activities comply with your regional laws and regulations.

7. Regular market updates: Be updated with the market trends and news, as the value of cryptocurrencies often react to market news. Follow reputable news sources and maybe join online forums and discussions.

Please be reminded that these pieces of advice are meant to serve as general guidance and that investment decisions should be made based on personal circumstances and a thorough understanding of the market.

Conclusion

POP Network Token (POP) is a relatively recent entry into the cryptocurrency market, having been founded in 2018 by Valerian Bennett. It is aimed at revolutionizing the digital media sector by decentralizing the production and distribution of content. Supported by renowned digital currency exchanges such as Binance, Huobi, and OKEX, this token is stored in digital wallets such as Metamask and Ledger.

While POP introduces unique solutions for the entertainment and media industry, it's essential to remember that its future growth and prospects largely depend on its effectiveness in creating a robust network effect, increasing adoption rates in the entertainment industry, and maintaining a secure and efficient operational system.

Like every cryptocurrency, the potential for profit, value appreciation, or loss depends on various factors such as market demand, overall crypto market trends, regulatory developments, and investors' risk appetite. As such, any investment in POP should be made after conducting detailed research and a comprehensive assessment of these variables. It is also strongly recommended to consider only investing what one is ready to lose, as cryptocurrency markets can be highly volatile.

FAQs

Q: What is the primary purpose of POP Network Token?

A: POP Network Token aims to disrupt the traditional digital content creation and distribution industry by decentralizing the process.

Q: When was POP Network Token established?

A: POP was founded in 2018.

Q: Who is the original creator of the POP Network Token?

A: Valerian Bennett is the recognized founder of POP Network Token.

Q: Which notable cryptocurrency exchanges support POP?

A: Notable exchanges that support POP include Binance, Huobi, and OKEX.

Q: What type of wallets can securely store POP tokens?

A: POP, being an Ethereum-based token, can be securely stored in software wallets like Metamask, hardware wallets like Ledger, and other wallets that support Ethereum-based tokens.

Q: What differentiates POP Network Token from other cryptocurrencies?

A: Unlike many cryptocurrencies, POP focuses on a specialized sector, aiming to decentralize the production and distribution of digital content.

Q: What is the risk level associated with investing in POP Network token?

A: Due to its relatively recent launch and the inherent volatility of the crypto market, investing in POP Network Token carries a certain degree of risk.

Q: How does the POP network operate?

A: POP operates by enabling direct connection between content creators and their audience on a decentralized network, where POP functions as both a reward and a medium of exchange.

Q: Can I check the current circulating supply of POP tokens in real-time?

A: Yes, real-time data on POP token circulation can be retrieved from the official POP Network website or reliable cryptocurrency data aggregators like CoinMarketCap or CoinGecko.

Q: Are there any key precautions one should consider before investing in POP?

A: Key precautions include conducting thorough research, understanding the crypto market volatility, being aware of your risk tolerance, ensuring secure storage solutions for tokens and ensuring compliance with respective regional regulatory norms.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.

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