$ 0.0220 USD
$ 0.0220 USD
$ 13.2512 billion USD
$ 13.2512b USD
$ 6.491 million USD
$ 6.491m USD
$ 47.689 million USD
$ 47.689m USD
0.00 0.00 HEX
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
+67.73%
1Y
+149.58%
All
+149.58%
HEX is an Ethereum-based token designed to function similarly to a blockchain certificate of deposit (CD), offering rewards to participants who stake the token for a predetermined period . HEX's staking mechanism is intended to incentivize long-term holding, with longer staking periods resulting in higher rewards. The token has been a subject of controversy due to its aggressive marketing tactics and the founder's past legal issues .
HEX's value is intended to increase at a capped rate of 3.69% annually, aligning with the staking rewards system. The project differentiates itself by marketing itself as more energy-efficient than Bitcoin's Proof-of-Work (PoW), utilizing a “Proof-of-Wait” mechanism . Additionally, HEX has been associated with PulseChain, a claimed fork of Ethereum that is said to be compatible with HEX, allowing token migration to PulseChain . However, the legitimacy of PulseChain has been a topic of debate.
The U.S. Securities and Exchange Commission (SEC) has charged HEX's founder with defrauding investors and selling unregistered securities in connection with the HEX ecosystem . This has raised concerns about the project's legitimacy and regulatory compliance.
Issue Time
2024-01-03
Platform pertained to
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Current price
$0.0220USD
Market Cap
$13.2512bUSD
Volume of Transaction
24h
$6.491mUSD
Circulating supply
0.00HEX
Volume of Transaction
7d
$47.689mUSD
Change
24h
0.00%
Number of Markets
153
0 ratings