XSGD (XSGD) Achieves Market Capitalization of $24.54 Million

by · The Markets Daily

XSGD (XSGD) traded 0.3% lower against the dollar during the one day period ending at 8:00 AM ET on October 26th. XSGD has a total market cap of $24.54 million and approximately $283,886.78 worth of XSGD was traded on exchanges in the last 24 hours. Over the last seven days, XSGD has traded down 1% against the dollar. One XSGD token can currently be bought for $0.76 or 0.00001129 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
  • P2P Solutions foundation (P2PS) traded 2.6% lower against the dollar and now trades at $159.83 or 0.00238473 BTC.

XSGD Token Profile

XSGD’s genesis date was October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 32,424,079 tokens. XSGD’s official message board is www.straitsx.com/sg/blog. XSGD’s official Twitter account is @straitsx and its Facebook page is accessible here. XSGD’s official website is www.straitsx.com.

According to CryptoCompare, “XSGD is a stablecoin pegged to the Singapore Dollar (SGD) and operates on several blockchains, including Ethereum, Polygon, and Zilliqa. Each XSGD token is fully collateralized one-for-one by the Singapore Dollar, providing a stable and reliable digital currency option for users. XSGD is issued by StraitsX, a trademark of Xfers Pte Ltd, and is a licensed Major Payment Institution by the Monetary Authority of Singapore. It facilitates near-instantaneous cross-border transactions and allows for the swapping of other stablecoins at competitive rates. XSGD supports micropayments due to its ability to be counted out to six decimal places, addressing a key limitation of traditional fiat-based digital payment systems. XSGD’s versatility also extends to its usability across various blockchain ecosystems, including Zilliqa and Ethereum, thereby enhancing its utility in the evolving landscape of digital finance.”

XSGD Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to acquire XSGD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView