Unisocks Price SOCKS Price, Charts

The first recorded exchange rate in our database for Unisocks (SOCKS) is $4,984. Compared to today’s exchange rate, the price of TON has increased by 312.30%. This means an investment of $100 at that initial rate would now be worth $412.30. Unisocks cryptocurrencie coin is a new cryptocurrency that was created in February of this year.

What is Unisocks used for and how to use Unisocks?

Usually, Unisocks performs best in Q1 with an average of 573.31% gain and worst in Q2 with -48.45% loss. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. The lowest price for one SOCKS coin is $4,983.67, recorded in November 2020, approximately 4 years ago. Unisocks are valuable because they are a more secure way to connect to the internet. They use a different protocol than regular socks, which makes them more difficult for hackers to penetrate.

EU’s upcoming crypto rules could impact liquidity due to USDT delistings

Some of its known developers are Noah Zinsmeister, Uniswap’s engineering lead, and Callil Capuozzo, Uniswap’s designlLead. Leander Capuozzo, Callil’s brother who worked with Uniswap on the design of Unishirt for their V0 birthday, also helped out on the sock design.

What was Unisocks’ lowest price?

Back in 2019 Uniswap, launched an exchange, where the users can what is unisocks trade SOCKS ERC20 tokens and redeem them for the real pair of socks. Instead of keeping the price fixed, they are using exciting mathematical formulas and components like the bonding curve. Uniswap warns that Unisocks is one of the experimental projects on the protocol, which means that it’s very risky to invest in.

SOCKS reached an all time high (ATH) price of over $12,000 on Jan. 19, 2021. Furthermore, it is designed to increase in value every time a token is purchased. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Unisocks price chart. To see more analysis and outlook, please check the Unisocks price prediction page.

Currently, the token Unisocks is trading in the range of 20,517 dollars or 2,237,404.58 ruble for 1 SOCKS. The Unisocks price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. For example, imagine there is a pool of token A which has 100 tokens in a reserve, and token B which has 10 tokens in reserve. Imagine A seller A comes and buys the 10 Tokens A for 1 Token B, the supply at the Pool is now 90 Tokens A and 20 tokens B.

1. If the price drops, the first support level to watch is $16,714.
2. The highest price ever for one Unisocks (SOCKS) was $192,909.47 on 04 Sep 2021, 3 years ago.
3. Unisocks cryptocurrencie coin is a new cryptocurrency that was created in February of this year.
4. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
5. SOCKS is +0.00% in the last 24 hours.SOCKS has a circulating supply of 299 SOCKS and a max supply of 299 SOCKS.

Past performance is not necessarily indicative of future results. While Unisocks may have initially been released as an experimental project, they have inspired many others over the past few years. Marketplaces like Zora, Foundation, and Saint Fame DAO, have used bonding curves to price scarce physical goods and objects. When a SOCKS holder wants to redeem their token for a physical pair of Unisocks, the token is burned, reducing the number in circulation. The maximum trading volume is observed for the trading pair SOCKS/WETH and reaches 43 dollars (78% of the total volume across all exchanges). During the week, the minimum price for Unisocks (SOCKS) is fixed on Thursday at 3,076.04 dollars.

1. They are distributed by Unisocks, Inc., which is based in the United States.
2. In short, bonding curves allow for a token’s price to be a function of its supply.
3. So now the price is token A is 0.22 token B whereas earlier it was around 0.1 token B.
4. These partnerships allow Unisocks to provide socks that have special features, such as being waterproof or heat-resistant.

According to our analysis, SOCKS needs to stay above $16,714 to potentially move towards the first major resistance level at $21,128. Breaking above $21,128, could see SOCKS rise to the next resistance level at $27,439. There are many Unisocks (SOCKS) wallets, but the most popular ones are Unisocks Core, Unisocks Light, and Unisocks Wallet.

It will be interesting to watch how projects experiment with bonding curves and how high SOCKS’ price can go. Uniswap initially minted 500 SOCKS and deposited them into a liquidity pool with 35 ETH. Since its inception, 185 SOCKS have been burnt and taken out of circulation.

Unisocks is a company that specializes in creating partnerships with other companies in order to provide socks with unique features. The company has partnered with companies such as Airbnb, Lyft, and Postmates. These partnerships allow Unisocks to provide socks that have special features, such as being waterproof or heat-resistant. The partnerships have been successful, and Unisocks has been able to create a wide range of socks that are unique and useful.

SOCKS’ bonding curve is pretty extreme since the 499th pair will cost 8,750 ETH, and the final pair will cost more than all the ETH in existence. Unisocks (SOCKS) currently ranks 1070 among all known cryptocurrency assets. A high market capitalization implies that the asset is highly valued by the market.

Whether you’re looking to trade or just want to learn more about cryptocurrencies, Unisocks is the perfect place to start your journey into the world of digital assets. Unisocks’s price today is US$21,480.00, with a 24-hour trading volume of $N/A. SOCKS is +0.00% in the last 24 hours.SOCKS has a circulating supply of 299 SOCKS and a max supply of 299 SOCKS. As of Dec 31, Unisocks has a market capitalization of $6.1 Million and is ranked #5121 among all cryptocurrencies.

A coin is a digital asset that can be used as a medium of exchange. Coins are created and stored on distributed ledgers, such as blockchain networks, and are typically secured using cryptography. Cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple are some of the most popular coins available today. CoinCodex tracks 38,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page.