Sumcoin is a cryptographic blockchain and the worlds first cryptographic Index which uses a proof-of-work algorithm to unlock coins. Its maximum targeted processing time is only 3 mins with a maximum supply of only 100 M coins. Sumcoin is also Segwit enabled.
• Sumcoin is implemented in all General Bytes ATM's worldwide. You need only ask the machines operator for support.
• The Index
• Sumcoin, or the ""SUM"" of coins means that it tracks all coins in near real time from over 600 different data points. Sumcoin is continuously aggregating and finds what the current top 100 coins are by global market cap. The ""SUM"" price is generated using an algorithm based on the market fluctuations of the top 100 coins.
• Given the speed, security and simplicity being able to hold the ""SUM"" of the market in only one coin, Sumcoin is for those who want to gain maximum exposure to the crypto space but may only want to hold one coin for simplicity, which can reduce risk factors. As the value is spread across 100 coins, there is a great reduction of volatility to Sumcoin vs any other coin.
What is the highest value Sumcoin (SUM) has ever reached?
Sumcoin (SUM) reached its peak price at 1,743.9 $ on 26 April 2024, approximately 2 years ago ago. Presently, the current price is -2.68% lower than this all-time high.
What is the historical minimum price for Sumcoin (SUM)?
The minimum price reached for Sumcoin (SUM) was 0.0004702 $, documented on 18 October 2020, more than 5 years ago. In comparison, the current price is 360,91 MLN.%, it above this historical low.
What is the fully diluted valuation of Sumcoin (SUM)?
The fully diluted valuation (FDV) of Sumcoin (SUM) stands at $ 169,71 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SUM tokens. The realization of this FDV might take several years depending on the emission schedule of SUM tokens.