DBX Cryptocurrency: Price Analysis and Market Overview

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DBX is a digital asset designed to bridge the gap between blockchain ecosystems like BSC and Ethereum and traditional finance. This article offers a comprehensive look at DBX's market performance, core features, and practical usage.

Real-Time DBX Price Overview

As of the latest data, DBX is trading at approximately $0.0000489**. Over the past 24 hours, it reached a low of **$0.0000481 and a high of $0.0000492**. Trading volume stands at **$7,127, reflecting a 23.22% increase.

Market capitalization is currently $559,194**, with a fully diluted valuation of **$860,299. DBX’s circulating and maximum supply are both set at 17,600,001,071 tokens.

What Is DBX (DBX)?

DBX serves as the native cryptocurrency for the DBX ecosystem. It aims to merge the benefits of major blockchain networks with conventional financial systems. The token facilitates fast transactions, staking, and reduced fees. Additionally, users can employ DBX for everyday purchases or as a medium of exchange within supported platforms.

The project emphasizes accessibility for traders and investors dealing with both digital and traditional assets.

DBX Market Performance Insights

DBX has experienced a 1.06% decrease in price over the last day but gained 5.22% over the past week. Its all-time high of $0.0879** was recorded on October 13, 2021, while its lowest price of **$0.0000175 occurred on September 19, 2024.

Currently, DBX trades 99.94% below its peak and 179.75% above its historic low.

Trading and Storage Recommendations

For those interested in trading DBX, it is essential to use reputable platforms that support this token. Security is paramount; consider using a hardware wallet for long-term storage. 👉 Explore secure storage solutions

Frequently Asked Questions

What was DBX’s highest recorded price?
DBX reached its all-time high of $0.0879 in October 2021. This peak occurred during a bullish phase in the cryptocurrency market.

What is the 24-hour trading volume of DBX?
Over the past 24 hours, DBX recorded a trading volume of $7,127. This indicates moderate market activity.

How does DBX integrate blockchain with traditional finance?
DBX leverages smart contracts and cross-chain functionality to enable seamless transactions between digital and conventional assets. Its ecosystem supports staking, payments, and fee discounts.

What is DBX’s total supply?
The total and maximum supply of DBX is fixed at 17,600,001,071 tokens. There is no inflationary mechanism in place.

Where can I track DBX’s real-time price?
Multiple cryptocurrency tracking websites offer live price updates, market cap data, and trading volume for DBX. Always use reliable sources for the most accurate information.

Conclusion

DBX offers a unique approach to combining blockchain efficiency with traditional financial systems. While its current market position is relatively modest, its utility-focused model may attract users seeking practical applications for digital assets. For further details, 👉 view real-time market tools. Always conduct thorough research before investing in any cryptocurrency.