GXChain Coin Price Soars More Than 600% on Indodax

Lovata Andrean

GXChain Coin Price Soars More Than 600 Percent on Indodax
GXChain Coin Price Soars More Than 600 Percent on Indodax

Rancakmedia.com – GXChain coin price has jumped more than 600 percent and GXChain (GXCvalue ) has increased in the last 24 hours on Indodax. As of Friday, December 3 2021 at 11.16 WIB, GXChain or GXC is priced at IDR 68.301 per coin.

Below we explain about GXChain coin whose price is currently soaring.

What is GXChain or GXC?

GXChain or GXC is the foundational Blockchain for the global data economy, aiming to build trusted data and value on the internet.

GXC was founded by a Chinese company and ranked 4th in the 3rd Global Blockchain evaluation by CCID. GXChain featuring services like G-ID, GVM, BaaS, and Blockcity that are easy for application development thanks to the Graphene architecture that underpins DPoS.

GXChain provides a leading solution for the data economy by building multiple trusted data modules. GXC itself is crypto digital coin which is currently classified as a newbie.

This crypto coin has been traded on the Indodax platform since November 5 2018. Based on data from coinmarketcap.com, GXChain or GXC at the time of writing was ranked 188th.

340.497.914.18 USD or IDR 4.906.064.196.759,67 is the current market capitalization of GXC. The following is information about the price of GXChain coin soaring rapidly by more than 600 percent on Indodax.

GXS Token Price Jumps 800% In Two Trading Days

 

GXS Token Price Soars 800 percent In Two Trading Days

GXS coin showed rapid price growth where it surged more than 800 percent in just two trading days. This price increase is due to the evolutionary ambition of GXChain which offers native token sharing along with the EVM ecosystem and ecosystem.

Why is the GXS Token Price So High Right Now?

GXChain is a basic blockchain for global economic data, at that time to build a trustworthy data value network. However, to keep up with the growth of Defi, GXC's own adjustments initiated revolutionary changes, including branding, economic model, token distribution, and ecosystem cooperation according to the evolving crypto generation.

Rebranding to the REI network; It has been reported that GXChain 2.0 will be renamed REI Network, where REI is taken from the first three letters of the REI Network's three important attributes: Fast, Economical, and Innovative.

Creating a Low Cost, High Speed, EVM Compatible Blockchain; Compared to GXChain 1.0, the REI Network has been completely redesigned from an architecture that has a much simpler blockchain structure.

The new blockchain is compatible with EVM and Ethereum RPC, enabling faster and more direct connections between more applications built on both platforms, including DeFi.

Through staking, users can earn free on-chain transfers and call contracts, as well as other resources such as trading fees. Therefore, REI's network can meet acceptable EVM standards for handling high rates and slow speeds.

If you are interested in investing in GXC coin, we have prepared an article regarding it how to buy GXC coin via Indodax, see below.

Conclusion :

GXChain or GXC is the foundation.chain for the global data economy, aiming to build trusted data and value on the internet. GXChain features services like G-ID, GVM, BaaS, and Blockcity that are easy for application development thanks to the Graphene architecture that underpins DPoS.

This crypto coin has been trading on the Indodax platform since November 5 2018 and its current market capitalization is 188.340.497.914.18 USD or IDR 4.906.064.196.759,67.

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Lovata Andrean

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