Beam
About Beam
Beam, founded in 2018, is a confidential decentralized finance platform. It operates on two distinctive blockchain protocols, LelantusMW and Mimblewimble, to foster transaction anonymity. The early cryptocurrency industry believed that transactions within public-blockchain cryptocurrencies like Bitcoin were untraceable. However, with the evolution of blockchain analysis, it is now clear that these transactions can be traced back to the sender, compromising their privacy. Beam counters this issue by innovating methods to enhance the anonymity of transactions, balances of addresses, and user identities.
In the last hour, Beam's price has seen a change of -0.36%, and over the past 24 hours, its price has moved by -5.24%. Over the previous week, Beam's price has moved by +18.37%. The current price of Beam is AED 0.009112, accompanied by a trading volume of 56.62M in the last day. Beam's price is currently 94.40% below its all-time high of AED 0.1628, which remains the highest price Beam has achieved since its launch. The circulating supply of Beam stands at 51.30B, translating to a total market capitalization of 467.5M.
Market stats
Frequently asked questions
What is the market cap of Beam?
With a market capitalization of 467.5M, Beam is ranked 158 among other crypto assets.
What is the all-time high of Beam?
The highest valuation of Beam since its launch was at AED 0.1628, marking its all-time high.
What is the 24-hour trading volume of Beam?
The trading activity of Beam over the last 24 hours was at 56.62M, highlighting its liquidity in the market.
How many Beam are there in circulation?
There are approximately 51.30B units of Beam currently in circulation, affecting its market dynamics.
What is the relative popularity of Beam?
Beam market cap is around 467.5M.
When was Beam created?
Beam was introduced on 26 Oct 2023.
Website
White paper
Source Code