XELS Price Today
XELS price today is $1.97 with a 24-hour trading volume of $604,667. XELS price is down -5.3% in the last 24 hours. It has a circulating supply of 6.6 Million XELS coins and a total supply of 21 Million. If you are looking to buy or sell XELS, Bittrex is currently the most active exchange.
What was the highest price for XELS?
XELS hit an all time high of $13.95 on Dec 14, 2021 (5 months).
What was the lowest price for XELS?
XELS had an all time low of $1.94 on May 17, 2022 (3 hours).
What was the 24 hour trading volume of XELS?
The 24 hour trading volume of XELS is $604,667.
Where can XELS be traded?
You can trade XELS on Bittrex, MEXC Global, and Bittrex.
XELS is an eco-conscious blockchain platform enabling corporations and individuals alike the ability to easily and transparently offset their carbon footprint by purchasing tokenized carbon offset credits.
Since the birth of carbon offset markets in the wake of the Kyoto and Paris agreements, fraud has been a serious problem. Bad actors have been known to sell fake or expired carbon credits, and credit “recycling” fraud can lead to double spending of unretired carbon credits (see here for an example of one of the biggest fraud cases to hit carbon credits, which even ensnared Deutsche Bank. Blockchain’s distributed ledger technology is the perfect use case for carbon credits, as it cannot be changed, reversed, or double spent. Digital assets can also be “burned,” along with a transaction hash that proves the associated credit has been retired forever. We’re initially launching the eponymous XELS token as a “platform token” to access a future suite of stable tokens pegged 1:1 to various industry-standard voluntary carbon offset credits – think of those as being the “USDT” of carbon credits.