Neutrino USD Hits 24 Hour Trading Volume of $150,266.65 (USDN)

Neutrino USD (USDN) traded 15.9% lower against the US dollar during the 1-day period ending at 11:00 AM Eastern on March 19th. One Neutrino USD token can currently be bought for $0.0456 or 0.00000167 BTC on exchanges. Over the last seven days, Neutrino USD has traded 44.6% lower against the US dollar. Neutrino USD has a market cap of $28.47 million and approximately $150,266.65 worth of Neutrino USD was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 10.1% lower against the dollar and now trades at $0.39 or 0.00001438 BTC.
• Aidi Finance (BSC) (AIDI) traded down 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 1.5% against the dollar and now trades at $0.0679 or 0.00000248 BTC.
• CareCoin (CARES) traded 1.5% lower against the dollar and now trades at $0.0843 or 0.00000308 BTC.
• OmniaVerse (OMNIA) traded up 41.2% against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded 1.5% lower against the dollar and now trades at $100.82 or 0.00368257 BTC.
• FEG Token (FEG) traded down 1.5% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 2.9% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 1.5% against the dollar and now trades at $7,327.63 or 0.26766229 BTC.
• Lego Coin (LEGO) traded 8.5% lower against the dollar and now trades at $0.0164 or 0.00000060 BTC.

Neutrino USD Profile

Neutrino USD’s launch date was November 25th, 2019. Neutrino USD’s total supply is 623,814,463 tokens and its circulating supply is 623,814,462 tokens. Neutrino USD’s official Twitter account is @neutrino_proto and its Facebook page is accessible here. The official website for Neutrino USD is neutrino.at. Neutrino USD’s official message board is medium.com/neutrinoteam.

According to CryptoCompare, “Neutrino is an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities.Neutrino USD (USDN) is an algorithmic stablecoin pegged to the US dollar and backed by WAVES. Leveraging the staking model of the Waves protocol’s underlying consensus algorithm, USDN staking yields a sustainable reward of up to ~ 15% APY. All operations involving USDN, such as issuance, collateralization, staking and reward payouts, are fully transparent and governed by a smart contract. Decentralized Forex (DeFo) is an extension on top of the Neutrino protocol that facilitates instant swaps of stable-price assets tied to popular national currencies, indices or commodities.Neutrino Token (NSBT) enables its holders to influence decisions concerning the Neutrino protocol, product and feature roadmap, as well as changes to governance parameters. It is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the so-called mechanism of reserve recapitalization. The token is also used for protocol’s governance and supporting liquidity pools of Decentralized Forex.”

Neutrino USD Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Neutrino USD directly using U.S. dollars. Investors seeking to trade Neutrino USD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Neutrino USD using one of the aforementioned exchanges.

USDN/USD price chart by TradingView