QURAS (XQC) to USD Conversion and Market Overview

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Understanding QURAS (XQC)

QURAS is a privacy-focused cryptocurrency that was launched in 2017 and operates on the Ethereum blockchain. It aims to provide secure and anonymous transactions through advanced cryptographic techniques. The project features a unique dual-layer consensus mechanism combining Proof-of-Work and Proof-of-Stake elements.

The total supply of QURAS is fixed at 888,888,888 XQC tokens. However, the circulating supply currently stands at zero according to available market data. This unusual situation affects both price discovery and market capitalization calculations.

Current Market Performance

As of the latest data, QURAS is trading at approximately $0.00062314 per XQC token. The market capitalization remains at $0.00 due to the non-circulating supply status. Trading volume over the past 24 hours also registers at $0.00, representing a 0.00% change from previous periods.

The token's value has remained relatively stable recently, with no percentage changes recorded over the past 24 hours, 7 days, or 30 days. This price stability might indicate limited market activity or trading restrictions affecting the asset.

For those interested in tracking real-time cryptocurrency valuations, you can check current market data and conversion tools for the most up-to-date information.

Historical Price Context

Looking at longer-term performance, QURAS has maintained consistent pricing over the past year with no significant appreciation or depreciation. The token's value has changed by $0.00 USD year-over-year, representing a 0% growth rate.

The highest exchange rate recorded in the last 24 hours was $0.00 USD per XQC, while the lowest was effectively infinite XQC per USD, indicating extremely minimal trading activity or potential data reporting issues.

Trading and Conversion Information

QURAS currently trades on three active markets, though specific exchange information isn't provided in available data. The conversion rates between XQC and USD remain constant across various timeframes according to current metrics.

Here's a breakdown of conversion values at recent pricing:

The inverse conversion shows that $1.00 USD would theoretically purchase an infinite amount of XQC at current rates, while $50.00 USD would similarly convert to an infinite amount, excluding platform or transaction fees.

Market Analysis and Outlook

The unusual market metrics surrounding QURAS suggest several possible scenarios: the token might be in a transitional phase, experiencing limited liquidity, or undergoing structural changes within its ecosystem. The zero circulating supply indicates that tokens may be locked, reserved for future distribution, or subject to specific release schedules.

Privacy-focused cryptocurrencies like QURAS face both technical challenges and regulatory considerations that can impact their market performance and adoption rates. Investors should carefully research the project's fundamentals, development activity, and community engagement before considering any investment.

For those looking to diversify their cryptocurrency portfolio, you can explore various digital asset options across different market segments.

Frequently Asked Questions

What determines the price of QURAS (XQC)?

Like most cryptocurrencies, QURAS's price is determined by market supply and demand dynamics. However, the current zero circulating supply situation creates unusual market conditions where traditional price discovery mechanisms may not function normally.

How can I safely store QURAS tokens?

QURAS operates on the Ethereum blockchain, meaning it can be stored in any ERC-20 compatible wallet. Hardware wallets provide the highest security for long-term storage, while mobile and web wallets offer convenience for frequent transactions.

Why is the circulating supply of QURAS currently zero?

A zero circulating supply typically indicates that tokens are locked, reserved for future distribution, or not yet released to the public. This could be part of the project's tokenomics strategy or due to specific regulatory considerations.

What makes QURAS different from other privacy coins?

QURAS implements a unique dual-layer consensus mechanism and aims to provide customizable privacy features. The platform allows users to choose between transparent, semi-private, and fully private transactions according to their needs.

Can I mine QURAS tokens?

QURAS originally utilized a Proof-of-Work consensus mechanism but has transitioned to incorporate Proof-of-Stake elements. Specific details about current mining or staking opportunities should be verified through the project's official channels.

Where can I find reliable information about QURAS development?

The official QURAS website, whitepaper, and verified social media channels provide the most accurate information about project development. Always cross-reference information from multiple sources before making investment decisions.

Investment Considerations

When evaluating QURAS or any cryptocurrency, consider factors such as the project's technological innovation, development team expertise, community support, market competition, and regulatory environment. The unusual market metrics currently associated with QURAS warrant particularly careful analysis and risk assessment.

Remember that cryptocurrency investments carry inherent risks, including price volatility, regulatory changes, and technological challenges. Only invest what you can afford to lose and consider seeking advice from financial professionals before making investment decisions.