CoinEx Information

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.

CoinEx

$0.09

  • Current Price $ : 0.091969 $
  • Price Change 24h : 0.00070956 $
  • Price Change % 24h : 0.77752 %
  • Market Cap : 251748350
  • Market Cap Change % 24h : 1.68247 %

Understanding CoinEx: An Overview

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.

The Journey So Far: A Historical Perspective

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.

The Value Proposition 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.

Pitfalls and Limitations

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.

Current Market Standing

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.

Future Outlook: What's Next for 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.

Conclusion: A Balanced Perspective

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.

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General Information

Title
CoinEx
Symbol
cet
Whitepaper
-
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
0.091969 $
High 24h
0.094499 $
Low 24h
0.090161 $
Price Change 24h
0.00070956 $
Price Change % 24h
0.77752 %

Market Data

Market Cap
251748350
Total Volume
363876
Market Cap Change 24h
4165499
Market Cap Change % 24h
1.68247 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
2734933391.27
Total Supply
2734934721.27
Max Supply
10000000000

Historical Data

All Time High (ATH)
0.150293
ATH Change %
-38.8717 %
ATH Date
2018-07-03 22:04
All Time Low (ATL)
0.00410696
ATL Change %
2136.96868 %
ATL Date
2018-12-15 00:00