SRCX

Source TokenSRCX

Rank #3369
Token
On 69,940 watchlists

Source Token Price (SRCX)

$0.008946
1.68%

0.0000004728 BTC1.83%

0.000006856 ETH2.77%

Low:$0.008794
High:$0.009006
24h
SRCX  Source Token SRCX
Price:
$0.008946
 1.68%
Market Cap
$2,637,791
0.00%
Fully Diluted Market Cap
$4,472,805
1.68%
Volume
24h
$188,634
0.97%
Volume / Market Cap
0.07151
Self Reported Circulating Supply
294,869,873.90 SRCX
Max Supply
500,000,000
Total Supply
294,869,874
Sponsored

Source Token to USD Chart

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SRCX to USD Converter

SRCX

Source Token

USD

United States Dollar

SRCX Price Statistics

Source Token Price Today
Source Token Price$0.008946
Price Change24h$0.000148
1.68%
24h Low / 24h High
$0.008794 /
$0.009006
Trading Volume24h$188,633.87
0.97%
Volume / Market Cap0.07151
Market Dominance0.00%
Market Rank#3369
Source Token Market Cap
Market Cap$2,637,790.72
Fully Diluted Market Cap$4,472,804.71
1.68%
Source Token Price Yesterday
Yesterday's Low / High
$0.00879 /
$0.009006
Yesterday's Open / Close
$0.008836 /
$0.008945
Yesterday's Change

1.23%

Yesterday's Volume$189,209.65
Source Token Price History
7d Low / 7d High
$0.008802 /
$0.009117
30d Low / 30d High
$0.008135 /
$0.01051
90d Low / 90d High
$0.007115 /
$0.01218
52 Week Low / 52 Week High
$0.007115 /
$0.01218
All Time High
Aug 06, 2022 (2 months ago)
$0.01218
26.56%
All Time Low
Jul 22, 2022 (2 months ago)
$0.007115
25.72%
Source Token ROI
No Data
Source Token Supply
Circulating Supply294,869,874 SRCX
Total Supply294,869,874 SRCX
Max Supply500,000,000 SRCX

SRCX to USD Converter

SRCX

Source Token

USD

United States Dollar

SRCX Price Live Data

The live Source Token price today is $0.008946 USD with a 24-hour trading volume of $188,634 USD. We update our SRCX to USD price in real-time. Source Token is up 1.68% in the last 24 hours. The current CoinMarketCap ranking is #3369, with a live market cap of not available. The circulating supply is not available and a max. supply of 500,000,000 SRCX coins.

If you would like to know where to buy Source Token at the current rate, the top cryptocurrency exchanges for trading in Source Token stock are currently CoinTiger, IndoEx, LBank, BitMart, and PancakeSwap (V2). You can find others listed on our crypto exchanges page.

What Is Source Token (SRCX)? Source Token (SRCX) is Source Protocol’s first automated liquidity acquisition and DeFi market participation token built on Binance Smart Chain. Engineered to drive solvency and self-sustainability, SRCX rewards participants by-the-block with automated Loyalty and Yield Echoes. SRCX's liquidity acquisition and reward distribution functions are automatically executed by the SRCX smart contract. As transaction volume increases, network fees will be automatically reduced at various milestones to incentivize even greater volume.

Dual-reward incentives for SRCX users, solvent growth mechanisms, and a deflationary function that burns tokens with every transaction, are all built into the independently-audited smart contract behind SRCX’s brilliant architecture. These functions provide SRCX with a progressive system that supports itself and its users with perpetually increasing liquidity, a decreasing token supply and block-by-block network rewards populated automatically into user’s wallets. Combined, these features create a tremendously attractive value proposition for SRCX that outperforms its predecessors by every standard.

Who Are the Founders of Source? Source’s founding team is comprised of 6 people, including Ben Gunn (CEO), Paul Regalado (EDRD), Walter Mello (CFO), Cory Clinton (CTO), Jack Karger (CSO), and Jesse Darnell (CBDO). The Source Protocol team has former employees of Black Rock, Fidelity, Armis Security and Core Network Technologies, with over 30 years combined experience in crypto and blockchain tech, as well as over 20 years in traditional finance.

What Makes Source Token (SRCX) unique? Developed by the Source Protocol Ltd team, SRCX is a rewards-based global transaction network supported by automated liquidity capture mechanisms to ensure solvent growth with every transaction. In addition to its sustainable design, SRCX users benefit from earning automated DeFi rewards called “Echoes,” without having to participate in any complex DeFi processes themselves.

Fair-launched to the Binance Smart Chain early June of this year, SRCX has already garnered over 2000 users and listed on 8 exchanges as the community continues to grow. Dual-reward incentives for SRCX users, solvent growth mechanisms, and a deflationary function that burns tokens with every transaction, are all built into the independently-audited smart contract behind SRCX’s brilliant architecture. These functions provide SRCX with a progressive system that supports itself and its users with perpetually increasing liquidity, a decreasing token supply and block-by-block network rewards populated automatically into user’s wallets. Combined, these features create a tremendously attractive value proposition for SRCX that outperforms its predecessors by every standard.

The Source Protocol team also has plans to integrate SRCX into Source Protocol’s peer-to-peer, non-custodial DeFi marketplace (Source One Marketplace), where it can be supplied, borrowed and collateralized against. Not only does this increase utility for users, it also allows for more tokens to be removed from circulation as users supply it for collateral. This creates an additional deflationary economic factor. The Source Marketplace is currently in full beta testing and will be deployed to the Binance Smart Chain in the coming months.

In addition to the above, SRCX’s deflationary mechanism can also be disabled at times of promotion. This temporarily re-routes tokens from being sent to the burn wallet (where they are removed from circulating supply) and sends them to all SRCX users instead, increasing reward distribution to the community. Disabling the burn function is done randomly so it cannot be gamed, and is designed to incentivise more rewards and attract more users.

As part of the developers' vision and commitment to SRCX’s success, their focus will remain on adoption and acceptance of SRCX by the crypto community and enterprises alike, while retaining its role as the top sustainable DeFi reward token. In addition, the Source Protocol community will have access to a Source Members Rewards program that includes further incentives and benefits like exclusive access to Source NFT mints, Source partner discount programs, events, and more. The Source team will continue to list SRCX on an increasing number of high volume exchanges in the coming months. This will bring more awareness to the project globally.

How Many Source Token (SRCX) Coins Are There in Circulation? Source Protocol’s white paper describes the following: a total supply of 500,000,000, with 200,000,000 burned at genesis, and a fair launch supply of 300,000,000.

Source Token (SRCX)’s protocol, according to the white paper, incurs a fee on every transaction to provide an automated DeFi participation service to its users. At genesis, the levy will start at 10% of all transactions, and is broken down into 3 parts within the SRCX smart contract. 6% is contributed to Source’s Dynamic Liquidity Pool Acquisition (DCLP), 3% is immediately redistributed to all SRCX wallet holders via Loyalty Echo rewards, and 1% is used for BNB Liquidity Pool Acquisition. As the network grows and hits various milestones of trading volumes that are sustainable, the automation fee will be adjusted downward by the protocol’s algorithm.

How Is the Source Token Network Secured? Source Protocol’s white paper outlines the following plan for the safety of its protocol: Source Protocol Ltd burned all tokens in the Dev Wallet before launch, there was a fair launch on DxSale, the LP is locked on DxLocker, and an LP is generated with every trade and locked on PancakeSwap.

Where Can You Buy Source Token (SRCX)? SRCX tokens can be purchased on many exchanges. One choice to trade SRCX is on LBANK, as it has the highest SRCX/USDT trading volume, $115,213 as of June 2022.

Other options for the SRCX/USDT trade pair include COINSBITS, P2PB2B, AZBIT, INDOEX, and TOKPIE. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity. To check SRCX price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Solana currency page, or the dedicated exchange rate converter page.

Our most recent articles about SRCX https://www.nasdaq.com/press-release/lbank-exchange-will-list-source-token-srcx-on-june-10-2022-2022-06-10

https://www.bloomberg.com/press-releases/2022-06-10/lbank-exchange-will-list-source-token-srcx-on-june-10-2022

https://cointelegraph.com/press-releases/lbank-exchange-to-list-source-token-srcx-tomorrow

https://ambcrypto.com/source-protocol-gears-up-to-fuel-the-next-generation-of-defi/

https://techbullion.com/lbank-exchange-will-list-source-token-srcx-on-june-10-2022/

https://thenewscrypto.com/lbank-exchange-will-list-source-token-srcx-on-june-10-2022/

https://ambcrypto.com/lbank-exchange-to-list-source-token-srcx-on-10-june-2022/

https://sourceprotocol.medium.com/source-protocol-gears-up-to-power-the-web-3-0-economy-fb0e5fac5c4f

https://ambcrypto.com/source-protocol-gears-up-to-fuel-the-next-generation-of-defi/

https://www.newsbtc.com/news/company/source-token-srcx-all-of-defis-benefits-in-one-token/

SRCX to USD Converter

SRCX

Source Token

USD

United States Dollar

SRCX Price Statistics

Source Token Price Today
Source Token Price$0.008946
Price Change24h$0.000148
1.68%
24h Low / 24h High
$0.008794 /
$0.009006
Trading Volume24h$188,633.87
0.97%
Volume / Market Cap0.07151
Market Dominance0.00%
Market Rank#3369
Source Token Market Cap
Market Cap$2,637,790.72
Fully Diluted Market Cap$4,472,804.71
1.68%
Source Token Price Yesterday
Yesterday's Low / High
$0.00879 /
$0.009006
Yesterday's Open / Close
$0.008836 /
$0.008945
Yesterday's Change

1.23%

Yesterday's Volume$189,209.65
Source Token Price History
7d Low / 7d High
$0.008802 /
$0.009117
30d Low / 30d High
$0.008135 /
$0.01051
90d Low / 90d High
$0.007115 /
$0.01218
52 Week Low / 52 Week High
$0.007115 /
$0.01218
All Time High
Aug 06, 2022 (2 months ago)
$0.01218
26.56%
All Time Low
Jul 22, 2022 (2 months ago)
$0.007115
25.72%
Source Token ROI
No Data
Source Token Supply
Circulating Supply294,869,874 SRCX
Total Supply294,869,874 SRCX
Max Supply500,000,000 SRCX