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About SEX

What is the project about? The decentralized reserve currency designed to serve the ever growing Web3 financial ecosystem on PulseChain.What makes your project unique? OlympulseX is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, OlympulseX is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between SEX and stablecoins like USDC is that SEX is backed but not pegged to a certain price. Technically, the price floor for SEX is 1 DAI, but practically a premium and the treasury value is added to the price. SEX differs from other algorithmic stablecoins because it issues SEX to buy DAI and other assets and maintain a treasury. This mechanism allows the SEX token to float.History of your project. N/AWhat’s next for your project? New bondsWhat can your token be used for? Staking

OlympulseX (SEX) is a cryptocurrency launched in 2023. SEX has a current supply of 61,048.03 with 0 in circulation. The last known price of SEX is 0.430533656126 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.olympulsex.com/.

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SEX Price Statistics
SEX’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5164
SEX Market Cap
Market Cap
$0
Fully Diluted Market Cap
$26,283.22
SEX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SEX Supply
Circulating Supply
0
Total Supply
61,048.03
Max Supply
61,048.00
Updated Jul 28, 2023 2:30 am
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SEX
OlympulseX
$0.430533656126
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
US Treasury Yields Surge, Bitcoin and Stock Markets Under Pressure
US Treasury Yields Surge, Bitcoin and Stock Markets Under Pressure
According to PANews, the financial markets experienced a downturn on Wednesday as the yield on 10-year US Treasury bonds surged to 4.64%, causing unease among investors already concerned about the prospects of interest rate cuts in 2024. Bitcoin's bullish trend stalled at $68,860 in early trading, and after the US stock market closed, it fell to a daily low of $67,100. At the time of writing, Bitcoin was trading at $67,501, a 24-hour drop of 1.52%. Analysts at Secure Digital Markets stated that Bitcoin continues to pull back to the 20-day moving average near $66,500 as expected. The support range of $65,000 - $66,000 remains strong. However, as long as the dollar index and 10-year yield continue to rise, they expect risk assets to remain under pressure. The overall market value of cryptocurrencies is currently $2.53 trillion, with Bitcoin's market share at 52.6%. In the US stock market, the rise in US Treasury yields continues to put pressure on the broader market. At the close on Wednesday, the S&P 500, Dow Jones, and Nasdaq indices all fell, down 0.74%, 1.06%, and 0.58% respectively. Data from Glassnode shows that long-term Bitcoin holders (LTH) have begun to accumulate coins again since December 2023, after several months of selling. Analysts pointed out that the spending pressure of long-term holders has significantly weakened in the past week, and investors have returned to the accumulation mode. This indicates that volatility is a necessary condition for triggering a new round of selling. It's worth noting that Glassnode observed that the price trend of Bitcoin in the past three months has been more moderate than in previous bull market cycles. In the past three months, Bitcoin's weekly, monthly, and quarterly gains have exceeded 3.3%, 7.4%, and 25.6% respectively, while in the past 90 days, only 5 days' gains have exceeded 3.3%, 7.4%, and 25.6%. Despite most analysts expecting Bitcoin's consolidation to continue in the short term, a survey on social media Twitter shows that calls for a bullish breakout rebound are becoming more frequent as the market begins to enter the golden period after Bitcoin halving (historically, Bitcoin prices have always been on an upward trend).
May 30, 2024 12:06 pm

Frequently Asked Questions

  • What is the all-time high price of OlympulseX (SEX)?

    The all-time high of SEX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of OlympulseX (SEX) is 0. The current price of SEX is down 0% from its all-time high.

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  • How much OlympulseX (SEX) is there in circulation?

    As of , there is currently 0 SEX in circulation. SEX has a maximum supply of 61,048.00.

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  • What is the market cap of OlympulseX (SEX)?

    The current market cap of SEX is 0. It is calculated by multiplying the current supply of SEX by its real-time market price of 0.430533656126.

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  • What is the all-time low price of OlympulseX (SEX)?

    The all-time low of SEX was 0 , from which the coin is now up 0%. The all-time low price of OlympulseX (SEX) is 0. The current price of SEX is up 0% from its all-time low.

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  • Is OlympulseX (SEX) a good investment?

    OlympulseX (SEX) has a market capitalization of $0 and is ranked #5164 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze OlympulseX (SEX) price trends and patterns to find the best time to purchase SEX.

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