Hacash Diamond

HACD Price

What is Hacash Diamond about?

Hacash Diamond (HACD) serves as the native currency and a Non-Fungible Token (NFT) on the Hacash layer 1 blockchain. Each HACD is uniquely identified by a six-letter inscription, randomly generated from the characters WTYUIAHXVMEKBSZN. This results in a total of 16,777,216 possible unique HACDs.

What makes Hacash Diamond unique?

HACD is distinguished as the first Proof of Work (PoW) NFT and daily on-chain auction NFT, often likened to a "visual Bitcoin." Its value is enhanced by unique generative art rules, known as PoW generative art, which allow each HACD to be transformed into various artistic forms, making it a sought-after art collectible.

What's the history of Hacash Diamond?

The inaugural HACD, featuring the letters "NHMYYM," was mined on May 16, 2019, through a bidding process. Similar to Bitcoin, HACD has a capped total supply, with a maximum of 58 HACDs mined daily. The mining difficulty increases over time, with projections suggesting it could take approximately 800 years to mine all available HACDs.

What's next for Hacash Diamond?

HACD's scarcity and value stability are maintained through its finite supply. The mining process involves bidding with HAC, which leads to the destruction of HAC, thereby regulating its supply and stabilizing purchasing power.

What can Hacash Diamond be used for?

HACD is primarily used for value storage. Additionally, its unique generative art features make it a valuable asset in the NFT art space.

Where can you buy Hacash Diamond?

HACD tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Hacash Diamond is Nonkyc.io, where the most active trading pair HACD/USDT has a trading volume of $2,763.08 in the last 24 hours.

What is the daily trading volume of Hacash Diamond (HACD)?

The trading volume of Hacash Diamond (HACD) is $2,764.69 in the last 24 hours, representing a 3.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Hacash Diamond (HACD)?

Hacash Diamond (HACD) reached an all-time high of $802.49 and an all-time low of $2.02. It’s now trading -99.60% below that peak and 66.40% above its lowest price.

What is the market cap of Hacash Diamond (HACD)?

Market capitalization of Hacash Diamond (HACD) is $432,494 and is ranked #3899 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HACD tokens (130 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Hacash Diamond (HACD)?

The fully diluted valuation (FDV) of Hacash Diamond (HACD) is $432,494. This is a statistical representation of the maximum market cap, assuming the maximum number of 17 Million HACD tokens are in circulation today. Depending on how the emission schedule of HACD tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Hacash Diamond compare against its peers?

With a price decline of -4.50% in the last 7 days, Hacash Diamond (HACD) is underperforming the global cryptocurrency market which is down -0.40%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 0.80%.