Masternodes tokens are cryptocurrencies used to incentivize Masternodes as rewards. Masternodes provide information to anyone in a network. They also have a special right to make votes in the system. They are simply part of the system that upholds cryptocurrencies.
General Masternodes Tokens have a total market capitalization of $1,471,378,780 and a total trading volume of $105,654,477.
Note: The tokens are ordered by their market capitalization from lowest to highest
Peony (PNY)
- Unit Price: $0.01579
- Market Cap: $5,522,576
- Distinct Features: Peony masternodes owners receive 65% of each block reward.
Customers can purchase farm products directly from farmers using the Peony Coin. Illustrate it as P2P agriculture (Pasture-2-Plate). They can access farmland, specific livestock, specialized agricultural services, and assets.
They consequently receive a portion of the goods created (fruits, vegetables, cheese, meat, wool, etc.).
Environmentally responsible and sustainable behavior results in products being purchased at fair prices and the ability to view the production process transparently when combined with affiliated coins like UltraClear.
Exchange: PNY is trading live on Birake Network, Graviex, and StakeCube with a 24-hour trading volume of $5,327.10.
Birake (BIR)
- Unit Price: $0.07164
- Market Cap: $7,588,954
- Distinct Features: The goal of Birake is to simultaneously achieve high trade volumes while providing exchange owners and users of the Birake network with the largest database of orders and users.
The Birake Network is a central database of orders publicly shared by all network exchanges.
Similarly, traders can use the Birake exchanges network to access several exchange platforms simultaneously. Since Birake uses DEX technology, it is safer than any other centralized platform.
Exchanges on Birake’s network will be connected, and they will share orders and resources. Additionally, it will give future owners of trading platforms the freedom to customize their exchange platforms with their domain name, brand, and logo.
Exchange: BIR is trading live on Birake Network with a 24-hour trading volume of $1,201.86.
Energi (NRG)
- Unit Price: $0.1598
- Market Cap: $9,465,590
- Distinct Features: Delivering safe, decentralized financial solutions is Energi’s primary mission.
A new generation Proof of Stake (PoS) cryptocurrency is called Energi (NRG). NRG, which runs on the Energi blockchain, combines a self-funding treasury, decentralized masternode governance, and a Layer 1 and Layer 2 protocol with Ethereum smart contract compatibility. NRG also functions as the Energiswap decentralized exchange’s substitute for a governance token.
The Energi organization, a provider of blockchain-based financial technology, is financed by the NRG Treasury. Over 60 employees from across five continents work for Energi at the moment.
According to the NRG Economic Model, one million NRG are distributed monthly among the Energi Treasury, Masternodes, Stakers, and Backbone. The allocations are as follows: 10% to Energi Stakers, 10% to the Energi Backbone 40% to the Energi Treasury 40% to Energi Masternodes.
Exchange: NRG is trading live on KuCoin, HitBTC, CoinEx, Mercatox, and Indodax with a 24-hour trading volume of $111,398.
Oxen (OXEN)
- Unit Price: $0.2027
- Market Cap: $12,193,199
- Distinct Features: Oxen’s Session is a fully anonymous, decentralized encrypted messaging platform.
Oxen (previously LOKI) is an ambitious privacy tech project. Instant transactions are available on this private cryptocurrency—a vast and potent PoS network.
It’s a platform for secure messaging. A layer of network anonymity. All the tools needed to create a more private Internet are based on blockchain.
The goal is to offer a variety of tools and services that are supported by the OXEN coin, empowering users and developers everywhere to take advantage of the decentralized nature of their blockchain network to achieve unmatched privacy and security as they work, play, and go about their daily lives online.
They have worked arduously and spent years developing these technologies to make their vision a reality, so this isn’t just a lofty ideal.
Exchange : OXEN is trading live on KuCoin, CoinEx, Bittrex, and TradeOgre with a 24-hour trading volume of $514,942.
Diamond (DMD)
- Price Unit : $3.41
- Market Cap : $12,661,719
- Distinct Features : The DMDv4 blockchain is the first cooperative consensus blockchain with a delegated PoS-powered validator election, which enables high speed and performance, complete censorship resistance and fork resistance, instant finality of transactions, and other benefits that a competitive consensus cannot provide.
As one of the first blockchains to implement a cooperative consensus with a delegated PoS-powered validator election, DMD Diamond was founded in 2013 as one of the most established projects on the cryptocurrency market.
True decentralization, on-chain governance, quick transaction times, low fees, low carbon footprint, security, interoperability, and the deployment of smart contracts are all features of its 2021 upgrade, known as DMD v4.
DMD v4 uses the first blockchain in history that combines a cooperative HBBFT consensus with a dPOS-based validator election.
Additionally, DMD v4 is the first blockchain to use an endless reward mechanism that is sustainable and has a low maximum finite supply of only 4.38 million coins.
Exchange : DMD is trading live on P2PB2B, and ExMarkets with a 24-hour trading volume of $24,840.91.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-masternodes-tokens-below-15m-market-cap-to-keep-under-your-radar-in-q4-2022/