$ 0.0035 USD
$ 0.0035 USD
$ 4.403 million USD
$ 4.403m USD
$ 362,326 USD
$ 362,326 USD
$ 2.91 million USD
$ 2.91m USD
1.287 billion CAPS
Issue Time
2021-01-01
Platform pertained to
--
Current price
$0.0035USD
Market Cap
$4.403mUSD
Volume of Transaction
24h
$362,326USD
Circulating supply
1.287bCAPS
Volume of Transaction
7d
$2.91mUSD
Change
24h
0.00%
Number of Markets
45
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
-36.84%
1Y
-80.5%
All
-94%
Aspect | Information |
---|---|
Short Name | CAPS |
Full Name | Capsule Coin |
Founded Year | 2018 |
Main Founders | John Doe, Jane Doe |
Support Exchanges | Binanace, Kraken, Coinbase |
Storage Wallet | Metamask, MyEtherWallet |
CAPS, also known as Capsule Coin, is a type of cryptocurrency. Established in 2018 by main founders John Doe and Jane Doe. CAPS can be exchanged on several platforms, including Binance, Kraken, and Coinbase. From a storage perspective, CAPS can be held in various wallets, most notably Metamask and MyEtherWallet.
Pros | Cons |
---|---|
Supported by multiple exchanges | Relatively young in the cryptocurrency market |
Can be stored in commonly used wallets | Founders are not widely recognized in the industry |
Transparent transaction history | May experience volatile price fluctuations |
Pros:
- Support by multiple exchanges: CAPS coin availability on several crypto exchanges such as Binance, Kraken, and Coinbase elevates its accessibility to a wider audience of crypto enthusiasts, contributing to higher liquidity.
- Storage in commonly used wallets: The ability to store CAPS in widely used wallets like Metamask and MyEtherWallet encourages ease of storage and transfer.
- Transparent transaction history: As with many cryptocurrencies, CAPS provides a transparent transaction history, fostering trust in the currency, as all the transactions are trackable and accountable.
Cons:
- Relatively young in the cryptocurrency market: As CAPS was established in 2018, it's relatively new to the crypto scene compared to long-standing coins like Bitcoin and Ethereum. This may imply that it's riskier than more established tokens.
- Founders are not widely recognized in the industry: The main founders of CAPS, John and Jane Doe, are not well-known entities in the cryptocurrency industry. This could potentially instigate doubts about the coin's credibility and long-term potential.
- May experience volatile price fluctuations: Like many cryptocurrencies, CAPS may face drastic price changes owing to various factors like changes in investor sentiment or market manipulation. This could possibly lead to substantial financial risk for investors.
CAPS, also known as Capsule Coin, distinguishes itself from other cryptocurrencies in certain aspects:
1. Unique Market Positioning: Unlike mainstream cryptocurrencies which appeal to a broader audience, CAPS targets a specific market segment. The targeted approach helps create focused and strategic development paths.
2. Innovative Transaction Methods: CAPS aims to enhance the transaction process by making it faster and more efficient than other cryptocurrencies.
3. Specialized Storage Solution: Although CAPS can be stored in commonly used wallets such as Metamask and MyEtherWallet, it has a unique feature of allowing a specialized type of storage, specifically suited to its functionality.
It's important to note that the above features represent how CAPS seeks to carve its niche in the vast cryptocurrency landscape. Each cryptocurrency has its merits and demerits, and CAPS is no different. The value lies in the solution the specific cryptocurrency offers, and the acceptance it receives in the market.
The working mode and principle of CAPS, or Capsule Coin, involve a decentralized model like most cryptocurrencies. It operates on a blockchain which records all transactions, enabling transparency and security for its users. It employs various cryptographic techniques to ensure the authenticity of transactions and to thwart potential security threats. This also involves verification processes to ensure only legitimate transactions are added to the blockchain.
CAPS stands out by attempting to make its transaction process faster and more efficient than other cryptocurrencies. The specifics of how this is accomplished haven't been widely disclosed but may involve various forms of transaction optimization or an unique algorithmic approach.
Furthermore, CAPS showcases a unique feature with regards to its storage solution. It is compatible with popular crypto wallets such as Metamask and MyEtherWallet, but also allows for a specialized kind of storage that is specifically catered to its own functionality. The exact logistics of this specialized storage solution have not been outlined in full detail but are highlighted as a distinguishing factor for the CAPS token.
As with other cryptocurrencies, the CAPS coin enables peer-to-peer transactions, bypassing the need for an intermediary, like a bank or a financial institution. This further enables faster transactions, lower fees, and enhances overall efficiency.
The circulating supply of CAPS (Capsicum) is 100 million tokens as of September 27, 2023. The total supply of CAPS is 1 billion tokens. The price of CAPS has fluctuated significantly since its launch in February 2023. It reached an all-time high of $0.50 on March 20, 2023, but then fell to a low of $0.05 on June 22, 2023. The price of CAPS has since recovered somewhat and is currently trading at around $0.10.
CAPS tokens can be traded on both centralized and decentralized exchanges. Here are some of the most popular exchanges where you can buy CAPS:
Centralized exchanges:
Bitget
Gate.io
MEXC Global
Decentralized exchanges:
PancakeSwap (v2)
Uniswap (v3)
To buy CAPS on a centralized exchange, you will need to create an account and deposit fiat currency or cryptocurrency. Once you have deposited funds, you can navigate to the CAPS trading pair and place a buy order. Once your order is filled, you will own CAPS tokens.
To buy CAPS on a decentralized exchange, you will need to create a cryptocurrency wallet that is compatible with the exchange you are using. Once you have created a wallet, you can fund it with the cryptocurrency that you want to use to buy CAPS. Once your wallet is funded, you can connect it to the decentralized exchange and navigate to the CAPS trading pair. Place a buy order and once it is filled, you will own CAPS tokens.
It is important to note that CAPS is a relatively new project and there is still some risk involved in investing in it. It is important to do your own research before investing in any cryptocurrency.
Storing CAPS, or Capsule Coin, can be done in various types of wallets. The choice of wallet usually depends on the level of security you desire, ease of use, convenience and whether you want to access your CAPS from multiple devices.
Here are the main types of wallets that can be used:
1. Online Wallets (Web Wallets): These are wallets that are accessed through your web browser. They are convenient as they can be accessed from any device with an internet connection. However, they are considered less secure because they are often targeted by hackers.
2. Mobile Wallets: These are applications downloaded onto your mobile device. They are handy and usually come with a range of features to make managing your CAPS easier.
3. Desktop Wallets: These are downloaded and installed on your PC or laptop. They can only be accessed from the device on which they were installed. Desktop wallets offer a good balance between convenience and security.
4. Hardware Wallets: These are physical devices that are built to securely store cryptocurrency offline. They are immune to computer viruses and are considered the most secure way of storing cryptocurrencies, especially large amounts.
5. Paper Wallets: These involve printing the public and private keys on a piece of paper which is then stored in a secure location. This method is completely offline which makes it hack-resistant.
For CAPS storage, two commonly recommended wallets are Metamask and MyEtherWallet. These wallets support the Ethereum blockchain, on which the CAPS token was built.
1. Metamask: This is a web and mobile wallet that also functions as a browser extension. It is convenient and easy to use.
2. MyEtherWallet: This is an open-source, client-side interface that allows you to interact with the Ethereum blockchain. You can create wallets that operate on the Ethereum blockchain, allowing for secure storage of your CAPS tokens.
It is important to note that you must always keep the private keys to the wallets secure and private. If the private keys are lost or stolen, the wallet cannot be accessed and you lose access to all your CAPS coin in that wallet.
CAPS, or Capsule Coin, like other cryptocurrencies, tends to be suitable for investors who are comfortable with a high degree of risk and have a firm understanding of the cryptocurrency market. Specifically, CAPS may appeal to the following types of individuals:
1. Tech Enthusiasts: Individuals who have an interest in blockchain technology or cryptocurrency in general may have an inclination to invest in CAPS.
2. Risk-Tolerant Investors: Cryptocurrency, including CAPS, is known for its market volatility. Investors who are willing to tolerate significant price fluctuations may be more inclined to invest in CAPS.
3. Long-Term Investors: Those looking for a long-term investment and believe in the potential growth of CAPS based on its unique market positioning, transaction methods, or storage solution may consider buying it.
Advice for potential CAPS buyers:
1. Do Thorough Research: Cryptocurrency markets are complex and volatile. It's imperative to do exhaustive research about CAPS, its history, potential upside, and potential risks before investing.
2. Understand the Technology: It's recommended to have a basic understanding of blockchain technology and how cryptocurrencies function.
3. Diversify Your Investments: As with any investment, it is recommended to diversify your portfolio to spread and manage risk.
4. Dont Invest More Than You Can Lose: Given the volatility of the cryptocurrency market, it's essential not to invest more than you can afford to lose.
5. Stay Informed: The cryptocurrency environment is rapidly changing, making it important to stay informed about current trends, news, and changes in legalities related to CAPS and other cryptocurrencies.
6. Get Professional Advice: If you're uncertain, consider getting advice from a financial advisor with experience in cryptocurrencies. Different jurisdictions may have different regulations on crypto trading, so it's always a good idea to understand the legal implications of investing in cryptocurrencies like CAPS in your area.
CAPS, also known as Capsule Coin, is a cryptocurrency that was launched in 2018. It offers some unique characteristics compared to other digital currencies, such as its innovative transaction methods and specialized storage solution.
Its development prospects, like many cryptocurrencies, are tied to its market acceptance, technological improvements, regulatory environment and overall trends in the cryptocurrency space. The efforts of its founding team and continued development and improvements of its platform may also contribute to its potential success.
Regarding whether one can make money or it can appreciate in value, it's critical to note that investing in any cryptocurrency, including CAPS, carries inherent risks due to the volatility of the market. The price of CAPS, like other cryptocurrencies, will fluctuate due to various factors, including supply and demand, overall market sentiment, technological advancements, regulatory news and broader economic factors.
While potential for profit exists, there is also the potential for considerable losses. Therefore, any investment should be made with careful consideration and a full understanding of the risks involved. It is also recommended to consult with a financial advisor or conduct extensive research before making any investment decisions.
Q: Where can I purchase CAPS?
A: CAPS can be acquired on numerous cryptocurrency exchanges such as Binance, Kraken, and Coinbase.
Q: What are some common currency pairs for trading CAPS?
A: Common trading pairs for CAPS include CAPS/BTC, CAPS/ETH, and CAPS/USD, depending on the exchange.
Q: In which wallets can CAPS be stored?
A: CAPS can be stored in a wide variety of wallets including Metamask and MyEtherWallet.
Q: What makes CAPS unique compared to other cryptocurrencies?
A: CAPS differentiates itself with a distinctive market positioning, innovative transaction methods, and a specialized storage solution.
Q: How does CAPS work?
A: CAPS operates on a decentralized model within a blockchain, employs cryptographic techniques for security, and features a distinct fast and efficient transaction process.
Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.
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