Cyclone Protocol Achieves Market Cap of $894,109.82 (CYC)

Cyclone Protocol (CYC) traded 2.1% higher against the US dollar during the twenty-four hour period ending at 22:00 PM E.T. on September 22nd. One Cyclone Protocol coin can now be bought for about $34.02 or 0.00176154 BTC on popular exchanges. Cyclone Protocol has a total market capitalization of $894,109.82 and $7,909.00 worth of Cyclone Protocol was traded on exchanges in the last day. During the last week, Cyclone Protocol has traded up 2.4% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 4.8% against the dollar and now trades at $0.56 or 0.00002924 BTC.
  • Euro Coin (EUROC) traded 0% lower against the dollar and now trades at $0.83 or 0.00004304 BTC.
  • Jeff in Space (JEFF) traded flat against the dollar and now trades at $2.12 or 0.00010973 BTC.
  • AXIA Coin (AXC) traded 0% higher against the dollar and now trades at $13.43 or 0.00069573 BTC.
  • MVP Coin (MVP) traded 28.6% lower against the dollar and now trades at $2,053.00 or 0.10636024 BTC.
  • Tarality (TARAL) traded down 11.3% against the dollar and now trades at $0.0008 or 0.00000004 BTC.
  • The Web3 Project (WEB3) traded 213.7% higher against the dollar and now trades at $517.71 or 0.02213862 BTC.
  • P2P Solutions foundation (P2PS) traded up 9.7% against the dollar and now trades at $25.88 or 0.00134022 BTC.
  • Waifu Token (WAIF) traded flat against the dollar and now trades at $350.37 or 0.01816698 BTC.
  • Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00005178 BTC.

Cyclone Protocol Coin Profile

Cyclone Protocol’s total supply is 26,282 coins. Cyclone Protocol’s official Twitter account is @cycloneprotocol.

According to CryptoCompare, “Cyclone is built to address the privacy problems in the blockchain and aims to provide enhanced economic incentives. Cyclone is a cross-chain, non-custodial, universal privacy-preserving protocol with the decentralized governance. Cyclone applies zkSNARKs to enable transactional privacy for all DeFi components by breaking the on-chain link between depositor and recipient addresses. It uses a smart contract that accepts coins/tokens deposits, which can be withdrawn by a different address. Whenever an asset is withdrawn from Cyclone, there is no way to link the withdrawal to the deposit for absolute privacy.While Cyclone's zkSNARKs part is based on the attested implementation of tornado.cash, it offers unique values in supporting cross-chain and being the universal privacy-preserving layer for almost all DeFi components with the decentralized governance by CYC holders.Cyclone Protocol is governed in a decentralized way. The governance DAO lives on IoTeX blockchain while each anonymity pools live on different blockchains connected to IoTeX blockchain via bridges.”

Buying and Selling Cyclone Protocol

It is usually not possible to purchase alternative cryptocurrencies such as Cyclone Protocol directly using US dollars. Investors seeking to trade Cyclone Protocol should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Cyclone Protocol using one of the exchanges listed above.

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