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Orchid

Orchid priceOXT

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Orchid price calculator

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OXT
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1 OXT = 0.1056 USD
Last updated 2024-04-18 17:09:33(UTC-0)

Orchid price live data summary

The live price of Orchid is $0.1056 per (OXT / USD) today with a current market cap of $103.51M USD. The 24-hour trading volume is $4.24M USD. OXT to USD price is updated in real time. Orchid is +3.95% in the last 24 hours. It has a circulating supply of 979,779,140 .

What is the highest price of OXT?

OXT has an all-time high (ATH) of $1.02, recorded on 2021-04-05.

What is the lowest price of OXT?

OXT has an all-time low (ATL) of $0.04664, recorded on 2023-06-15.

Orchid price prediction

Set your prediction

When is a good time to buy OXT? Should I buy or sell now?

When deciding whether to buy or sell OXT, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget OXT technical analysis can provide you with a reference for trading.
According to the OXT 4h technical analysis, the trading signal is Buy.
According to the OXT 1d technical analysis, the trading signal is Sell.
According to the OXT 1w technical analysis, the trading signal is Sell.
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Orchid price performance in USD

24h7d30d90d1yAll-time
+3.95%-22.23%-20.36%+25.43%+22.46%-70.96%

Orchid price history in USD

TimeLowHigh
24h$0.09970$0.1068
7d$0.08800$0.1386
30d$0.08800$0.1612
90d$0.08493$0.1777
1y$0.04664$0.1777
All-time$0.04664(2023-06-15, 309 days ago )$1.02(2021-04-05, 3 years ago )

Orchid market information

Market cap
$103,513,246.36
+3.95%
Fully diluted market cap
$105,649,575.03
+3.95%
Volume (24h)
$4,244,696.53
+10.29%
Market rankings
Circulation rate
+97.00%
24h volume / market cap
0.041
Circulating supply
979,779,140 OXT
Total supply / Max supply
1,000,000,000 OXT
-- OXT

Orchid ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Orchid(OXT)

What is Orchid (OXT)?

Orchid is a virtual private network (VPN) that uses cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. Orchid's native token is called OXT, which is an ERC-20 standard token on Ethereum. Launched in December 2019, Orchid is the world’s first incentivized, peer-to-peer privacy network that aims to overcome internet freedom limitations. The service is pay-per-use, which means that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees. Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.

Who are the Founders of Orchid?

Orchid has a team of highly experienced co-founders who come from the blockchain and financial industries. They are Dr. Steven Waterhouse, who serves as CEO, along with Jay Freeman, Brian J. Fox, and Gustav Simonsson. Waterhouse is a prominent figure in the cryptocurrency world and co-founded venture capital firm Pantera Capital, which has invested in some of the industry's most successful companies.

Freeman is the creator of Cydia, an alternative app store for jailbroken Apple devices that is currently used by approximately 30 million users.

Fox is the mastermind behind Wells Fargo's first interactive online banking system in the mid-1990s.

Simonsson, on the other hand, is one of the core security developers of the Ethereum network and was instrumental in its original launch in 2015. Waterhouse became interested in VPN technology after falling victim to a SIM-swap attack, which led him to investigate methods of improving internet privacy.

How does Orchid (OXT) Work?

Orchid aims to revolutionize the VPN experience by utilizing blockchain technology. This allows for anonymous VPN usage without relying on a centralized server, reducing the risks associated with a country's infrastructure. Additionally, OXT serves as a freely-exchangeable ERC-20 token, providing a trading incentive for owners to increase network value. For those who prefer not to transact in cryptocurrency, Orchid offers the option to purchase "Orchid credits" with fiat currency, which can only be spent with network providers. The appeal of Orchid extends beyond just cryptocurrency users, as it addresses the growing need for internet freedom in the face of geopolitical tensions and local restrictions. The technology behind Web 3.0 is utilized to create a more open internet, similar to the one that emerged in the early 1990s.

How is the Orchid Network Secured?

The Orchid network utilizes OXT, an ERC-20 token on the Ethereum blockchain, to provide secure VPN usage. While security risks do exist, they mostly stem from user behavior rather than the platform itself. The smart contracts used for payments contain minimal user information, and third-party involvement in token purchases could potentially lead to identity tracing by attackers. It's important for users to remain vigilant and take precautions to protect their privacy when using Orchid.

Conclusion

The use of blockchain technology has allowed Orchid to create a VPN network that is both efficient and decentralized. Orchid's commitment to user privacy and its innovative payment system are just a few of the many reasons why it stands out in the cryptocurrency industry. It is important to recognize Orchid's mission to create a more secure and open internet, as it continues to shape the future of online privacy.

Trade OXT perpetual futures

After having successfully signed up on Bitget and purchased USDT or OXT tokens, you can start trading derivatives, including OXT futures and margin trading to increase your income.

The current price of OXT is $0.1056, with a 24h price change of +3.95%. Traders can profit by either going long or short onOXT futures.

Join OXT copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or OXT tokens, you can also start copy trading by following elite traders.

Orchid news

See more
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BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
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Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
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Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of Orchid.

What is the current price of Orchid?

We update our Orchid to USD price in real time. Get the live Price of Orchid on Bitget.

What is the 24 hour trading volume of Orchid?

Over the last 24 hours, the trading volume of Orchid is $4.24M.

What is the all-time high of Orchid?

The all-time high of Orchid is $1.02. This all-time high is highest price for Orchid since it was launched.

Can I buy Orchid on Bitget?

Yes, Orchid is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Orchid?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Orchid with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Orchid online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Orchid, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Orchid purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

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OXT is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support OXT trades.
You can trade OXT on Bitget.

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OXT/USDT

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