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About BXC

BitcoinX, named after the cornerstone currency of the crypto market, Bitcoin (BTC), merges the familiarity of BTC with the ambitious spirit of the crypto community. The 'X' in its name signifies the exponential impact sought by crypto enthusiasts, often referred to as 'degens,' in the dynamic digital currency landscape.Incorporating the essence of memecoin culture, BitcoinX goes beyond being a conventional coin, evolving into a cultural movement. It introduces humor and fosters a spirited sense of community within the crypto space.BitcoinX has seamlessly integrated with dynamic platforms like DestinyX, demonstrating its commitment to adaptability and connectivity within the evolving crypto ecosystem. This integration serves as a tangible step towards establishing a meaningful presence in the broader digital currency landscape.The coin's association with DestinyX is not an isolated instance. BitcoinX is actively pursuing strategic partnerships, with additional collaborations in the pipeline. These partnerships align with the project's broader vision and underscore its positioning as a substantial contributor to the ongoing evolution of cryptocurrency.The coin's cultural movement is not confined to a niche audience; it resonates with a diverse spectrum of individuals interested in digital currency. By fostering a sense of community and injecting humor into its ethos, BitcoinX distinguishes itself as a project with a human-centric approach, acknowledging the importance of inclusivity within the crypto space.While humor and cultural elements are integral to BitcoinX, the project maintains a focus on real-world utility. The coin is not just a symbol; it is a means of facilitating transactions within the digital landscape. This dual nature, combining cultural engagement with practical functionality, positions BitcoinX as a project that recognizes and balances the multifaceted aspects of the crypto industry.The ongoing evolution of cryptocurrency necessitates adaptability, and BitcoinX is keenly attuned to this requirement. By actively seeking and forming partnerships, the project positions itself as a participant in the broader ecosystem, contributing to the collaborative efforts shaping the future of digital finance.In conclusion, BitcoinX is more than a coin; it's a manifestation of the evolving cultural dynamics within the crypto community. Its integration with platforms like DestinyX and pursuit of strategic partnerships reflect a pragmatic approach to navigating the complexities of the digital currency landscape. Balancing cultural engagement with real-world utility, BitcoinX emerges as a noteworthy player in the ongoing narrative of cryptocurrency evolution.

BitcoinX (BXC) is a cryptocurrency launched in 2023. BXC has a current supply of 4.00Bn with 0 in circulation. The last known price of BXC is 0.000069498911 USD and is 0.000000113778 over the last 24 hours. It is currently trading on active market(s) with $88,242.00 traded over the last 24 hours. More information can be found at https://www.bloxies.xyz/.

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BXC Price Statistics
BXC’s Price Today
24h Price Change
+$0.0000001137780.16%
24h Volume
$88,242.005.63%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6192
BXC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$277,995.65
BXC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BXC Supply
Circulating Supply
0
Total Supply
4.00Bn
Max Supply
0
Updated Sep 01, 2024 12:51 pm
image
BXC
BitcoinX
$0.000069498911
$0.000000113778(+0.16%)
Mkt Cap $0
There's nothing here for now
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm

Frequently Asked Questions

  • What is the all-time high price of BitcoinX (BXC)?

    The all-time high of BXC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of BitcoinX (BXC) is 0. The current price of BXC is down 0% from its all-time high.

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  • How much BitcoinX (BXC) is there in circulation?

    As of , there is currently 0 BXC in circulation. BXC has a maximum supply of 0.

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  • What is the market cap of BitcoinX (BXC)?

    The current market cap of BXC is 0. It is calculated by multiplying the current supply of BXC by its real-time market price of 0.000069498911.

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  • What is the all-time low price of BitcoinX (BXC)?

    The all-time low of BXC was 0 , from which the coin is now up 0%. The all-time low price of BitcoinX (BXC) is 0. The current price of BXC is up 0% from its all-time low.

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  • Is BitcoinX (BXC) a good investment?

    BitcoinX (BXC) has a market capitalization of $0 and is ranked #6192 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BitcoinX (BXC) price trends and patterns to find the best time to purchase BXC.

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