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TürkçeQubic Information
Qubic aims to bridge the gap between blockchain technology and smart contracting by introducing a unique system that enhances the functionality of decentralized applications. Its innovative approach leverages oracles and distributed computing to enable complex computations and off-chain data integration, providing greater versatility for developers. As the ecosystem evolves, Qubic has the potential to significantly impact how decentralized solutions are implemented across various industries.
Introduction to Qubic
Qubic is an innovative cryptocurrency project that aims to integrate smart contracts, oracles, and data storage into a unified blockchain system. Developed as part of the IOTA ecosystem, Qubic focuses on enhancing the capabilities of distributed ledger technology by introducing features like decentralized oracle networks and smart contract functionality. This article will explore the unique attributes of Qubic, its historical performance, and potential future outlook.
Historical Performance
Since its inception, Qubic has undergone significant fluctuations in value. The coin reached its All-Time High (ATH) of approximately $0.00001256 on March 2, 2024, showcasing the potential rally heights that can be achieved within the cryptocurrency market. However, it has experienced a notable decline since then, currently trading at around $0.0000016, which represents an 87.25% drop from its ATH. The All-Time Low (ATL) was recorded at $0.00000137 on August 5, 2024, indicating a volatile trading environment for investors.
Advantages of Qubic
One of the standout features of Qubic is its integration with the IOTA network, which is known for its feeless transactions and scalability. This allows Qubic to potentially handle a large volume of transactions without the fees commonly associated with traditional blockchain networks. Additionally, the implementation of smart contracts means that users can automate transactions and agreements, increasing efficiency. The project’s focus on oracles also enhances its utility by allowing real-world data to interact with blockchain applications seamlessly.
Challenges and Disadvantages
Despite its promising technology, Qubic faces several challenges. The cryptocurrency market's inherent volatility poses a risk to long-term investments, as evidenced by Qubic’s price history. Moreover, being in an ecosystem dominated by well-established competitors can make it challenging for Qubic to gain significant market share. The project's dependence on the broader IOTA network's performance and adoption can also be seen as a double-edged sword, offering synergy but creating vulnerability to external factors.
Market Dynamics and Future Outlook
As of now, Qubic boasts a market capitalization of approximately $187 million, with a circulating supply of around 116.88 trillion tokens. The total supply cap of 200 trillion tokens offers potential for growth but could also lead to inflationary pressures. Over the last 24 hours, Qubic experienced an increase in price by about 6.59%, alongside a market cap rise of approximately 6.49%. If the trend of increasing market activity continues, Qubic may have the chance to recover from its depreciation.
Conclusion
In conclusion, Qubic represents an intriguing opportunity within the cryptocurrency landscape, especially for those interested in the synergies of smart contracts and oracle networks built on the IOTA foundation. While challenges remain, particularly concerning market volatility and competition, the technological advancements and unique positioning of Qubic may lead to renewed interest and potential growth in the future. For those looking to explore innovative blockchain solutions, Qubic could be a coin worth keeping an eye on.
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General Information |
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Title
Qubic
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Symbol
qubic
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
2.44E-6
$
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High 24h
2.59E-6
$
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Low 24h
2.25E-6
$
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Price Change 24h
1.2257E-7
$
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Price Change % 24h
5.28567
%
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Market Data |
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Market Cap
275080022
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Total Volume
8527694
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Market Cap Change 24h
8241928
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Market Cap Change % 24h
3.08874
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
1.1322655971456E+14
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Total Supply
1.2925400749234E+14
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Max Supply
2.0E+14
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Historical Data |
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All Time High (ATH)
1.256E-5
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ATH Change %
-80.62022
%
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ATH Date
2024-03-02 12:28
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All Time Low (ATL)
1.31E-6
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ATL Change %
85.42738
%
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ATL Date
2024-11-10 06:50
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