Neutrino USD (USDN) Achieves Self Reported Market Cap of $1.80 Million

Neutrino USD (USDN) traded 20% lower against the US dollar during the 24 hour period ending at 7:00 AM ET on August 4th. One Neutrino USD token can currently be bought for approximately $0.0226 or 0.00000035 BTC on major exchanges. Over the last seven days, Neutrino USD has traded 27.2% lower against the US dollar. Neutrino USD has a total market cap of $1.80 million and $3.54 thousand worth of Neutrino USD was traded on exchanges in the last 24 hours.

Here’s how related 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded up 0% against the dollar and now trades at $1.00 or 0.00001570 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.
• SolvBTC (SOLVBTC) traded up 1.8% against the dollar and now trades at $63,623.50 or 0.99602542 BTC.

Neutrino USD Token Profile

Neutrino USD’s genesis date was November 25th, 2019. Neutrino USD’s total supply is 408,891,338 tokens and its circulating supply is 79,624,026 tokens. The official website for Neutrino USD is neutrino.at. Neutrino USD’s official Twitter account is @neutrino_proto and its Facebook page is accessible here. The official message board for Neutrino USD is medium.com/neutrinoteam.

According to CryptoCompare, “Neutrino Index Token (XTN) is an algorithmic, crypto-collateralised asset within the Waves blockchain ecosystem, replacing the former USDN stablecoin. XTN is backed by a basket of tokens rather than a single asset, with its value influenced by the Backing Ratio (BR) rather than a fixed peg. It serves as a medium of exchange, staking asset, and collateral for DeFi applications. Developed under the Neutrino Protocol, XTN retains a decentralised governance model that allows the community to influence protocol decisions.”

Buying and Selling Neutrino USD

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

USDN/USD price chart by TradingView