Ozone Chain Information

Ozone Chain is rapidly gaining traction in the blockchain ecosystem by focusing on sustainability and eco-friendly solutions. Its innovative approach aims to reduce the environmental impact of traditional cryptocurrencies while promoting efficient transactions. As more users and developers recognize the value of green technology, Ozone Chain is positioning itself as a leader in the sustainable crypto movement.

Ozone Chain

$0.21

Title : Ozone Chain
Symbol : ozo
Current Price $ : 0.214797 $
High 24h : 0.245175 $
Low 24h : 0.200879 $
Price Change 24h : -0.014536219370545 $
Price Change % 24h : -6.33847 %
Market Cap : 136299693
Whitepaper : https://whitepaper.ozonechain.io/
Website : https://ozonechain.io/
Community : https://t.me/ozonechain_announcement
Total Volume : 217663
Market Cap Change 24h : -9574189.5912408
Market Cap Change % 24h : -6.56333 %
Circulating Supply : 634274964
Total Supply : 1000000000
Max Supply : 1000000000
Last Updated : 2024-12-17 23:51
All Time High (ATH) : 0.485077
ATH Change % : -55.84616 %
ATH Date : 2024-04-29 09:02
All Time Low (ATL) : 0.060046
ATL Change % : 256.69122 %
ATL Date : 2023-10-07 21:15

more information

Understanding Ozone Chain: An Overview

Ozone Chain, represented by the symbol OZO, is an emerging cryptocurrency that aims to create a decentralized and scalable platform for various applications. With a current price of $0.22813, Ozone Chain has seen some fluctuations in its market performance and is closely watched by investors for potential opportunities.

Historical Performance of Ozone Chain

Since its inception, Ozone Chain has witnessed notable changes in its pricing dynamics. It reached an all-time high (ATH) of $0.485077 on April 29, 2024, but has since experienced a decline of approximately 52.95%. The coin's recovery trajectory shows promise, especially considering it reached an all-time low (ATL) of $0.060046 on October 7, 2023, a significant recovery of over 280% since that point.

Advantages of Ozone Chain

One of the key strengths of Ozone Chain is its commitment to building a scalable blockchain infrastructure. The total supply of OZO is capped at 1 billion, with a circulating supply of approximately 603 million, providing a controlled inflation mechanism. The project aims to foster a strong community, which is crucial for any cryptocurrency to gain traction. With an active community channel available through Telegram, Ozone Chain ensures that investors and users can stay updated about developments and participate in discussions.

Challenges Faced by Ozone Chain

Despite its potential, Ozone Chain faces its share of challenges. The market cap currently stands at around $137 million, and while this is substantial, it reflects the competitive nature of the cryptocurrency market. Additionally, the significant price drop from its ATH raises questions about investor confidence and overall market sentiment. Investors should also consider the inherent volatility in cryptocurrencies, which can lead to price fluctuations that may not be reflective of the project's long-term viability.

The Road Ahead: Future Outlook for Ozone Chain

Looking ahead, the future prospects of Ozone Chain will heavily depend on its technological advancements and the ability to foster real-world use cases. Continued development and enhancements as outlined in their whitepaper are essential to increase its utility and adoption rate. Investors will be keen on evaluating how effectively the team executes its roadmap and addresses the competitive landscape.

Conclusion

Ozone Chain has the potential for significant growth within the cryptocurrency space, driven by its dedicated community and scalable design. While there are undeniable risks associated with investing in lesser-known altcoins like OZO, individuals recognizing the coin’s potential and its current market position may find opportunities for profitable investments. As always, investors should conduct thorough research and consider the volatile nature of cryptocurrencies before making investment decisions.

General Information
from price $0
Title Ozone Chain
Symbol ozo
Whitepaper https://whitepaper.ozonechain.io/
Website https://ozonechain.io/
Community https://t.me/ozonechain_announcement
Last Updated 2024-12-17 23:51

Price Data
Current Price $ 0.214797 $
High 24h 0.245175 $
Low 24h 0.200879 $
Price Change 24h -0.014536219370545 $
Price Change % 24h -6.33847 %

Market Data
Market Cap 136299693
Total Volume 217663
Market Cap Change 24h -9574189.5912408
Market Cap Change % 24h -6.56333 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 634274964
Total Supply 1000000000
Max Supply 1000000000

Historical Data
All Time High (ATH) 0.485077
ATH Change % -55.84616 %
ATH Date 2024-04-29 09:02
All Time Low (ATL) 0.060046
ATL Change % 256.69122 %
ATL Date 2023-10-07 21:15