The dynamic world of cryptocurrency is vast, with thousands of digital assets vying for attention. Among them is ED (ED), a token with a specific ecosystem focus. This guide provides a comprehensive overview of the ED token, detailing its market performance, key metrics, underlying technology, and future aspirations, all based on available public data.
What is ED (ED)?
ED is a global utility积分 (points) token issued by the Singapore-based Qutianxia Foundation. A core principle of the project is that it did not conduct an Initial Coin Offering (ICO) and did not raise funds publicly from investors.
Initially launched as an ERC-20 token on the Ethereum blockchain, the project's long-term roadmap includes migrating to its own dedicated public blockchain, also named ED. The foundation has established a strategic partnership with Rongbi Exchange, aiming to integrate ED as a fundamental component of the exchange's broader ecosystem.
Tokenomics and Distribution
A significant feature of ED's model is its platform sharing plan. Adhering to the core blockchain tenets of sharing and transparency, the project intends to distribute a substantial 90% of the total ED supply to users of the Rongbi Exchange platform. This distribution is planned to occur gradually over several years, encouraging user participation in the platform's growth and fostering a collaborative blockchain ecosystem.
- Total Supply: The maximum and total supply of ED is capped at 2,000,000,000 tokens.
- Circulating Supply: The current circulating supply is reported to be 10,000,000 ED, which represents approximately 0.5% of the total supply.
- Contract Address: The Ethereum contract address for the ED token is
0x23Ae28b66eB5224f010A5E3F01C3c96e268eA79A.
ED Market Performance and Key Metrics
As of the latest data, specific price information for ED may not be actively available on mainstream tracking platforms. This is often the case for tokens that are not yet listed on major exchanges or have very limited trading activity.
Key market metrics to monitor for ED include:
- Market Capitalization: A measure of the total market value of the circulating supply. This figure is calculated by multiplying the current price by the circulating supply.
- 24-Hour Trading Volume: The total value of all ED tokens traded across various platforms in the last 24 hours. This indicates the current market activity and liquidity for the token.
- Fully Diluted Valuation (FDV): The theoretical market cap if the entire maximum supply of 2 billion tokens were in circulation at the current price.
Historical data indicates that ED reached an all-time high price of $0.1485 per token. For the most accurate and up-to-date market data, it is essential to refer to live cryptocurrency tracking websites. 👉 Check real-time market data and charts for various digital assets
How to Track ED Price and Data
Tracking a cryptocurrency like ED requires reliable resources that aggregate data from multiple sources.
- Cryptocurrency Aggregator Websites: These platforms compile price, volume, and market cap data, providing a centralized view of a token's performance.
- Official Blockchain Explorers: For on-chain data like transaction history and wallet balances, explorers like Etherscan (for Ethereum-based tokens) are invaluable tools.
- Exchange Listings: Once a token is listed on an exchange, that platform becomes a primary source for its current trading price and order book depth.
Always ensure you are using reputable and well-known platforms for your market research to avoid misinformation.
The Future of the ED Project
The stated vision for ED involves a significant technological transition and deeper ecosystem integration.
- Migration to Native Blockchain: The planned shift from the Ethereum network to a proprietary ED blockchain is a major undertaking that aims to grant the project greater autonomy, scalability, and control over its features.
- Ecosystem Expansion: The success of ED is heavily tied to its adoption within the Rongbi Exchange ecosystem and any future projects the exchange invests in. Its utility as a global积分 depends on the number of use cases developed for it.
Frequently Asked Questions (FAQ)
What is the current price of ED?
As of the latest information, ED may not be actively traded on major cryptocurrency exchanges, leading to a lack of real-time price data. Prices for such tokens can often only be found through over-the-counter (OTC) deals or on very specific platforms, which carry higher risks. Always verify the current status on a live market data aggregator.
Where can I buy ED tokens?
Based on available tracking data, ED is not currently listed on mainstream cryptocurrency exchanges. Acquisition might potentially occur through peer-to-peer (P2P) or OTC markets, but these methods involve significant risks, including potential fraud and lack of liquidity. It is crucial to conduct thorough due diligence before attempting any transaction.
What was the all-time high price for ED?
Historical market data records indicate that ED reached its all-time high price of $0.1485 on or around May 22, 2019.
Can I mine ED tokens?
No, according to the available information, the ED token is not mineable. Its total supply was created upon its initial issuance on the Ethereum blockchain.
What is the main utility of the ED token?
The primary stated utility of ED is to function as a global积分 within the Rongbi Exchange ecosystem. The long-term goal is for it to be used across the exchange and its associated projects, though the specific functionalities and use cases are detailed in the project's official whitepaper.
Is ED a good investment?
This article and any data within it are for informational purposes only and should not be considered financial advice or an investment recommendation. All cryptocurrency investments carry a high level of risk. You should always conduct your own extensive research (DYOR), understand the project's fundamentals, and be aware of the volatility and potential for loss before making any investment decision.
Disclaimer: All content provided herein, including data, text, and analysis, is based on publicly available market information and is presented for informational and educational purposes only. It does not constitute an endorsement or financial advice of any kind.