Neutrino USD Self Reported Market Capitalization Tops $22.85 Million (USDN)

Neutrino USD (USDN) traded 3.4% lower against the U.S. dollar during the 1-day period ending at 23:00 PM E.T. on May 26th. Neutrino USD has a total market capitalization of $22.85 million and $55,995.48 worth of Neutrino USD was traded on exchanges in the last 24 hours. During the last seven days, Neutrino USD has traded 8.9% higher against the U.S. dollar. One Neutrino USD token can currently be bought for about $0.0366 or 0.00000137 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.1% higher against the dollar and now trades at $0.34 or 0.00001287 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 0% higher against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.9% against the dollar and now trades at $0.0088 or 0.00000033 BTC.

Neutrino USD Profile

Neutrino USD’s launch date was November 25th, 2019. Neutrino USD’s total supply is 623,814,463 tokens and its circulating supply is 623,814,462 tokens. The official message board for Neutrino USD is medium.com/neutrinoteam. Neutrino USD’s official Twitter account is @neutrino_proto and its Facebook page is accessible here. The official website for Neutrino USD is neutrino.at.

According to CryptoCompare, “Neutrino is an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities.Neutrino USD (USDN) is an algorithmic stablecoin pegged to the US dollar and backed by WAVES. Leveraging the staking model of the Waves protocol’s underlying consensus algorithm, USDN staking yields a sustainable reward of up to ~ 15% APY. All operations involving USDN, such as issuance, collateralization, staking and reward payouts, are fully transparent and governed by a smart contract. Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that facilitates instant swaps of stable-price assets tied to popular national currencies, indices or commodities.Neutrino Token (NSBT) enables its holders to influence decisions concerning the Neutrino protocol, product and feature roadmap, as well as changes to governance parameters. It is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the so-called mechanism of reserve recapitalization. The token is also used for protocol’s governance and supporting liquidity pools of Decentralized Forex.”

Buying and Selling Neutrino USD

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

USDN/USD price chart by TradingView