CoinEx is a cryptocurrency exchange that provides a user-friendly platform for trading a wide variety of digital assets. It aims to offer a secure and efficient trading environment with advanced features like perpetual contracts and spot trading. Additionally, CoinEx supports a global market by offering services in multiple languages and a robust customer support system.
more informationEthena USDe is emerging as a noteworthy stablecoin in the cryptocurrency market, offering a unique approach to maintaining value stability. Built on a reliable blockchain infrastructure, it seeks to address common volatility issues associated with digital currencies. With its focus on transparency and security, Ethena USDe aims to gain the trust of both individual users and institutional investors.
more informationGeneral Information |
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---|---|
Title
CoinEx
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Title
Ethena USDe
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Symbol
cet
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Symbol
usde
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Whitepaper
-
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Whitepaper
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Website
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Website
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Community
-
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Community
-
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Last Updated
2025-03-08 23:59
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Last Updated
2025-03-08 23:59
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Price Data |
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Current Price $
0.057967
$
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Current Price $
0.99916
$
|
High 24h
0.059535
$
|
High 24h
0.999842
$
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Low 24h
0.057973
$
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Low 24h
0.994707
$
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Price Change 24h
-0.0014854434247636
$
|
Price Change 24h
0.00024192
$
|
Price Change % 24h
-2.49853
%
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Price Change % 24h
0.02422
%
|
Market Data |
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Market Cap
156991500
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Market Cap
5450601342
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Total Volume
114209
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Total Volume
99134949
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Market Cap Change 24h
-3940765.7887007
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Market Cap Change 24h
39263430
|
Market Cap Change % 24h
-2.44871
%
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Market Cap Change % 24h
0.72558
%
|
Return on Investment (ROI)
-
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
2708176074.87
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Circulating Supply
5454464705.0316
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Total Supply
2708176074.87
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Total Supply
5454464705.0316
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Max Supply
10000000000
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Max Supply
-
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Historical Data |
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All Time High (ATH)
0.150293
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All Time High (ATH)
1.032
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ATH Change %
-61.32262
%
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ATH Change %
-3.16099
%
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ATH Date
2018-07-03 22:04
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ATH Date
2023-12-20 15:38
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All Time Low (ATL)
0.00410696
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All Time Low (ATL)
0.929486
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ATL Change %
1315.38517
%
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ATL Change %
7.52804
%
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ATL Date
2018-12-15 00:00
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ATL Date
2024-10-04 07:57
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CoinEx (CET) is a cryptocurrency associated with the CoinEx exchange, one of the notable platforms in the digital currency landscape. Launched to provide users with trading options backed by the exchange, CET is not just another digital token; it embodies the core functions and benefits provided by its parent platform. CoinEx has built its use case around reducing transaction fees and offering exclusive benefits to its holders within the exchange ecosystem.
CoinEx made its debut in 2018, with its all-time high (ATH) reaching $0.150293 on July 3, 2018. Despite seeing an ATH decline of about 35.93%, CET managed to weather the storms typical in the crypto domain. Interestingly, the coin's all-time low (ATL) was recorded at $0.00410696 in December 2018, from which it has since soared with an impressive 2244.77% increase. This significant bounce-back showcases the potential resilience and growth trajectory of CoinEx.
CoinEx offers several appealing advantages. The primary benefit lies in the reduced trading fees for holders, making it an attractive option for frequent traders on the CoinEx exchange. Beyond this, CET holders enjoy additional perks like promotional events, voting rights in community proposals, and more. The fixed supply of 10 billion CET further adds to the scarcity appeal that many crypto investors seek.
Despite its advantages, CoinEx is not without drawbacks. One significant concern is the strong dependency on the CoinEx exchange itself. Should the exchange face regulatory or operational hurdles, CET's value and utility could be adversely affected. Additionally, the coin's relatively low market cap and trading volume in comparison to industry giants may limit its liquidity and stability.
As of the last update, CET was trading at approximately $0.096426 with a market cap of $267,671,167. Recent market activity shows a 24-hour price change of -3.49%, reflecting the volatile nature of the crypto market. While these numbers fluctuate, they provide insights into the current investor sentiment and market conditions surrounding CoinEx.
Looking ahead, CoinEx has the potential to expand its footprint if the exchange continues to grow and diversify its offerings. By enhancing its ecosystem, such as introducing new financial products or expanding globally, CET could see increased adoption and utility. However, the success of CoinEx will largely depend on the broader cryptocurrency market trends and the regulatory landscape.
CoinEx has established itself as a noteworthy player within a competitive landscape. While it holds potential, especially for those actively using the exchange, risks related to market volatility and dependency on the platform remain. Investors interested in CET should weigh these aspects carefully, considering both current benefits and future possibilities.
Ethena USDe is an intriguing stablecoin in the ever-evolving world of cryptocurrency. With a current price close to the US dollar at $0.999835, it aims to offer stability compared to more volatile crypto assets such as Bitcoin or Ethereum. As a stablecoin, Ethena USDe is designed to maintain a stable value, usually pegged to a fiat currency, in this case, the US dollar. This article will delve into its unique characteristics, potential advantages and disadvantages, as well as its historical performance and future prospects.
Stablecoins like Ethena USDe are developed to minimize price fluctuations and serve as a bridge between fiat currencies and the fast-paced crypto market. Ethena USDe is not an exception. Its current price closely mirrors the US dollar, with a 24-hour high of $1.003 and a low of $0.996778. Its aim is to provide the security of fiat currency while leveraging the benefits of blockchain technology.
The stability of Ethena USDe is one of its most prominent benefits. It is less prone to the dramatic price swings common in the cryptocurrency market, making it a reliable store of value and medium for daily transactions. This stability attracts traders who wish to avoid volatility while maintaining access to crypto markets. Additionally, Ethena USDe facilitates seamless transactions across platforms, enabling easy conversion with other cryptocurrencies or fiat currencies.
Despite its many advantages, using Ethena USDe is not without drawbacks. A primary concern is the inherent reliance on the stability of the fiat currency it represents. If the US dollar experiences inflation or a decline in value, Ethena USDe may also be affected. Moreover, while it offers less volatility, it may not present the same opportunities for significant gains as more volatile cryptocurrencies like Bitcoin.
Ethena USDe's performance indicates a relatively stable presence in the market. Since its all-time high (ATH) of $1.032 on December 20, 2023, Ethena USDe has seen a modest decline of approximately 3.14%. Meanwhile, it reached an all-time low (ATL) of $0.929486 on October 4, 2024, showing a recovery with a 7.55% increase to its current value. Over time, the fluctuations have been minor compared to non-stablecoin cryptocurrencies, reflecting its role as a stable value-holder.
The future outlook for Ethena USDe appears optimistic if you are looking at consistency and stability. The stablecoin market is anticipated to keep growing, especially as traditional financial systems increasingly interact with blockchain technology. As a reliable digital asset, Ethena USDe might continue to attract users needing stability and seamless transactions. However, its success largely depends on the broader acceptance of stablecoins and the continuous demand for digital fiat representations.
Ethena USDe stands out as a stablecoin offering reliability in the rapidly changing crypto environment. While it might not offer high returns like more volatile cryptocurrencies, its stability provides a valuable service for users seeking a less risky entry into the digital currency market. As the crypto landscape evolves, Ethena USDe might continue to carve out a significant role, particularly as the bridge between traditional finance and new blockchain-based solutions.