Dusk Information

Dusk Network is carving out a niche in the cryptocurrency landscape by focusing on privacy and confidentiality for decentralized finance applications. Its innovative architecture allows users to engage in secure transactions without compromising their personal information. As demand for privacy-centric solutions grows, Dusk Network is positioned to attract developers and users looking for a more secure DeFi experience.

Dusk

$0.33

Title : Dusk
Symbol : dusk
Current Price $ : 0.32661 $
High 24h : 0.326986 $
Low 24h : 0.306009 $
Price Change 24h : 0.0133389 $
Price Change % 24h : 4.25795 %
Market Cap : 152643377
Whitepaper : https://dusk-cms.ams3.digitaloceanspaces.com/The_Dusk_Network_Whitepaper_v3_0_0_42ac204d48.pdf
Website : https://dusk.network/
Total Volume : 17972085
Market Cap Change 24h : 6264705
Market Cap Change % 24h : 4.27979 %
Return on Investment (ROI) : 708.43947203455 %
Circulating Supply : 466999999.31633
Total Supply : 500000000
Max Supply : 1000000000
Last Updated : 2024-12-08 23:59
All Time High (ATH) : 1.09
ATH Change % : -70.17562 %
ATH Date : 2021-12-29 21:34
All Time Low (ATL) : 0.01113274
ATL Change % : 2819.84983 %
ATL Date : 2020-03-13 02:24

more information

Dusk Network is a privacy-oriented blockchain project that aims to provide businesses and developers with the tools to build privacy-preserving decentralized applications (dApps). With the increasing demand for data privacy and compliance with regulations such as GDPR, Dusk seeks to position itself as a leader in the privacy blockchain space. This article explores the coin's past performance, its advantages and disadvantages, and its future prospects.

Historical Performance

Dusk launched its ICO in 2018, and since then, it has seen considerable fluctuations in its price. The coin reached its all-time high (ATH) of $1.09 on December 29, 2021, which reflects a significant interest from investors at that time. However, this high was followed by a rapid decline, and as of October 2024, Dusk is trading at approximately $0.176. The current market dynamics have led to a price change of -3.49% in the last 24 hours, with a market cap of around $82 million.

Advantages of Dusk

One of the primary strengths of Dusk Network is its focus on privacy. It implements advanced cryptography and features such as zero-knowledge proofs, which allow for transaction validation without exposing sensitive information. This can benefit industries like finance and healthcare, where data integrity and confidentiality are crucial.

Additionally, Dusk Network is built on a highly scalable architecture, which promises better transaction speed and lower fees compared to traditional blockchain networks. The project also enjoys a robust community of developers and proponents who are committed to advancing its vision, enhancing its credibility within the digital asset landscape.

Disadvantages of Dusk

Despite its advantages, Dusk faces several challenges. One major concern is competition; numerous privacy coins and projects are entering the market, each vying for a share of the same target audience. For instance, well-established coins like Monero and Zcash are direct competitors, offering similar privacy features.

Moreover, the current regulatory environment poses a potential threat to privacy-oriented projects. Governments worldwide are beginning to crack down on cryptocurrencies, especially those that emphasize anonymity, which could restrict Dusk's growth and adoption.

Future Outlook

The future of Dusk Network appears promising, provided it successfully navigates the challenges it faces. The growing need for privacy solutions in the digital world could create a favorable environment for Dusk. If the project can effectively capture partnerships with businesses that prioritize user privacy, it stands to gain market traction.

Furthermore, as blockchain technology continues to evolve, innovations in governance and usability will likely attract more users to privacy-focused solutions. Upgrades and developments to the Dusk Network platform could further bolster its use case and dependability in the decentralized ecosystem.

Conclusion

In summary, while Dusk is a promising project with distinctive features aimed at solving real-world privacy issues, its success will depend on its ability to compete in a crowded market and adapt to regulatory challenges. Time will tell how well it can execute its mission, but the potential for growth in the privacy sector suggests that it may have a bright future ahead.

General Information
from price $0
Title Dusk
Symbol dusk
Whitepaper https://dusk-cms.ams3.digitaloceanspaces.com/The_Dusk_Network_Whitepaper_v3_0_0_42ac204d48.pdf
Website https://dusk.network/
Community -
Last Updated 2024-12-08 23:59

Price Data
Current Price $ 0.32661 $
High 24h 0.326986 $
Low 24h 0.306009 $
Price Change 24h 0.0133389 $
Price Change % 24h 4.25795 %

Market Data
Market Cap 152643377
Total Volume 17972085
Market Cap Change 24h 6264705
Market Cap Change % 24h 4.27979 %
Return on Investment (ROI) 708.43947203455 %

Supply and Availability
Circulating Supply 466999999.31633
Total Supply 500000000
Max Supply 1000000000

Historical Data
All Time High (ATH) 1.09
ATH Change % -70.17562 %
ATH Date 2021-12-29 21:34
All Time Low (ATL) 0.01113274
ATL Change % 2819.84983 %
ATL Date 2020-03-13 02:24