Ocean Protocol (OCEAN) Reaches Self Reported Market Cap of $389.31 Million

by · The Markets Daily

Ocean Protocol (OCEAN) traded up 9.2% against the U.S. dollar during the 24-hour period ending at 22:00 PM ET on November 6th. One Ocean Protocol token can currently be bought for about $0.62 or 0.00000823 BTC on popular exchanges. Ocean Protocol has a market capitalization of $389.31 million and approximately $1.25 million worth of Ocean Protocol was traded on exchanges in the last day. During the last seven days, Ocean Protocol has traded up 11.2% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher 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.BBN (SOLVBTC.BB) traded up 4.2% against the dollar and now trades at $75,478.18 or 1.00433530 BTC.
  • SolvBTC (SOLVBTC) traded 3.1% higher against the dollar and now trades at $75,306.75 or 1.00205426 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ocean Protocol Token Profile

Ocean Protocol’s launch date was April 23rd, 2019. Ocean Protocol’s total supply is 1,410,000,000 tokens and its circulating supply is 629,189,183 tokens. The Reddit community for Ocean Protocol is https://reddit.com/r/oceanprotocol and the currency’s Github account can be viewed here. Ocean Protocol’s official website is oceanprotocol.com. Ocean Protocol’s official Twitter account is @oceanprotocol and its Facebook page is accessible here. The official message board for Ocean Protocol is blog.oceanprotocol.com.

According to CryptoCompare, “Ocean Protocol is a blockchain-based platform that aims to create a decentralized data economy by enabling secure and transparent sharing of data between providers and consumers. The platform allows data providers to maintain control over how their data is used and who can access it, while incentivizing data consumers to purchase and use the data.

The Ocean Protocol network is powered by a native utility token called OCEAN, which is used as a means of value transfer within the ecosystem. Data providers use OCEAN to sell their data, while data consumers use it to purchase and access data from the network.”

Ocean Protocol Token Trading

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

OCEAN/USD price chart by TradingView