XDN Profile

XDN
 Crypto
  

USD 0.000072  0.000011  13.25%   

Market Performance
6 of 100
Odds Of Distress
Less than 1
XDN is trading at 7.2E-5 as of the 26th of November 2022, a -13.25 percent decrease since the beginning of the trading day. XDN has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Cryptocurrency ratings for XDN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of September 2022 and ending today, the 26th of November 2022. Click here to learn more.
XDN is peer-to-peer digital currency powered by the Blockchain technology. More on XDN

Moving together with XDN

+0.63THCTHCPairCorr
XDN is an internet market maker for p-to-p digital money denominated as Cryptocurrency. XDN has been active in the last 3 months, and it is now trading with a bearish sentiment. Cryptocurrencies such as XDN are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as XDN are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

XDN Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. XDN's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding XDN or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
XDN is way too risky over 90 days horizon
XDN has some characteristics of a very speculative cryptocurrency
XDN appears to be risky and price may revert if volatility continues
XDN is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. DigitalNote is a decentralized Proof-of-Work (bmw512)/Proof-of-Stake(echo512) hybrid blockchain with near-instant untraceable transactions and encrypted messaging features at its core. The network is resistant to 51% attacks via its VRX v3.0 technology and it is mobile-ready with lightweight wallet functionality. A masternode network enhances untraceability and provides an incentive for users to secure the network, whilst enabling instant private transactions and P2P messaging that are impossible to trace or censor. Miners and stakers are encouraged to participate via network fee payouts, resulting in consistent block generation and ensuring a lightning-fast network overall.DigitalNote was originally released as "duckNote" by an anonymous individual or group of individuals under the pseudonym "dNote" in 2014. Over the years more advancements were added to the protocol, with each major upgrade rebranding the name of the protocol (first "DarkNote" and then ultimately "DigitalNote"). Much like Bitcoin's "Satoshi Nakamoto", the original founder(s) vanished in 2017 leaving the open-source code to be progressed by a community team who have since continued development.
IndustryInformation and Communication
FINMAUtility
FCAUtility
AccessPermissionless
Collateralized AssetNo
SymbolXDN
Difficulty530.97 Million
RatingE-
Technology Adoption RatingE-
Market Performance RatingE+
NameXDN
Proof TypePoW/PoS
Sponsoredfalse
AlgorithmBMW512 / Echo512
Is Tradingtrue
Asset Launch Date2018-06-25
Full NameDigitalNote (XDN)
Asset Website Urlhttps://digitalnote.biz/
Block Number610,651
Platform Typetoken
Coin NameDigitalNote
Total Coins Mined8.11 Billion
XDN (XDN) is traded on CRYPTO Exchanges. XDN is peer-to-peer digital currency powered by the Blockchain technology.

XDN's Exchanges and Markets

Poloniex HitBTC

XDN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. XDN market risk premium is the additional return an investor will receive from holding XDN long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in XDN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although XDN's alpha and beta are two of the key measurements used to evaluate XDN's performance over the market, the standard measures of volatility play an important role as well.

XDN Technical Analysis

When it comes to investing in cryptocurrency, such as XDN, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of XDN, which is currently traded at 7.2E-5, shows everything you need to know about XDN market value. You don't have to consider the fundamental factors that affect a crypto asset, such as XDN, to determine its price movements. However, the XDN's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so XDN's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project XDN's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosine Of XDN Price Series is a trigonometric function that describes price patterns.
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XDN Against Markets

Picking the right benchmark for XDN crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in XDN crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for XDN is critical whether you are bullish or bearish towards XDN at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in XDN without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in XDN

You need to understand the risk of getting into digital currencies such as XDN before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in XDN in four ways:

Buy XDN through an exchange

Get yourself a crypto wallet before embarking on your XDN journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase XDN. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of XDN through an exchange

You don't have to buy a full token when starting out since XDN is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade XDN through a broker

If you don't want to store your XDN Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in XDN through an exchange-traded fund (ETF)

You can also invest in XDN through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having XDN in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Check out Your Current Watchlist. Note that the XDN information on this page should be used as a complementary analysis to other XDN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for XDN Crypto Coin

When running XDN price analysis, check to measure XDN's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy XDN is operating at the current time. Most of XDN's value examination focuses on studying past and present price actions to predict the probability of XDN's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move XDN's coin price. Additionally, you may evaluate how adding XDN to your portfolios can decrease your overall portfolio volatility.
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Volatility Analysis
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Watchlist Optimization
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Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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