Agricoin AGN

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$ 0.00989146 -0.35%

Agricoin Price (AGN)

Agricoin to USD Price Chart

What is the current price of Agricoin (AGN)?

As of now, the price of Agricoin (AGN) stands at $ 0.00989146, which represents a -0.35% change over the past 24 hours. The decreased in its value suggests fluctuations that are typical in the cryptocurrency market.

What Is Agricoin (AGN)?

Agricoin (AGN) is a digital currency that aims to enhance the agricultural industry through blockchain technology. It is designed to provide a secure and efficient way for transactions and operations within the agricultural sector. By utilizing blockchain, Agricoin claims to offer improved security, compatibility, and flexibility, particularly in integrating with other blockchain innovations like the Internet of Things (IoT).

How Does Agricoin Work?

Agricoin works by leveraging blockchain technology to create a decentralized platform where various stakeholders in the agriculture industry can interact. Transactions made with Agricoin are recorded on a distributed ledger, ensuring transparency and security. The use of smart contracts enables automatic execution of agreements based on predefined conditions, which further simplifies and secures transactions. The integration with IoT devices allows for real-time tracking and management of agricultural assets, which can optimize farming practices and resource management.

What Makes Agricoin Unique?

Agricoin is unique in its focus on the agricultural sector. By addressing the specific needs of this industry, such as supply chain tracking, quality assurance, and finance, Agricoin aims to streamline operations for farmers, suppliers, and consumers alike. The coin's compatibility with IoT devices makes it stand out, as it can potentially offer real-time insights and control over agricultural processes, leading to increased efficiency and productivity.

How Does Agricoin Integrate with IoT?

The integration of Agricoin with IoT technology means that various devices used in farming—from sensors monitoring crop health to automated feeding systems—can securely transmit data and execute transactions on the blockchain. This could enable a more data-driven approach to agriculture, with all the information being securely stored and readily accessible on the Agricoin network.

What Is the Market Capitalization of Agricoin?

Agricoin currently has a market capitalization of $ , and it ranks at #1 in terms of its market cap in the cryptocurrency market. This gives you an idea of its size relative to other cryptocurrencies.

How Is the Supply of Agricoin Distributed?

As with many cryptocurrencies, there is a limited total supply of Agricoin; 50.0M is the maximum number of coins that will ever exist. The circulating supply, which is the number of coins currently in circulation and being traded in the market, stands at .

What Are the Benefits of Using Agricoin in Agriculture?

Using Agricoin in the agricultural sector can bring benefits such as improved transparency in food supply chains, reduced transaction costs, and more direct connections between producers and consumers. Its blockchain base can also prevent fraud and ensure the integrity of the data across the supply chain.

Where Can You Buy Agricoin (AGN)?

Agricoin (AGN) can be purchased on various cryptocurrency exchanges. Some of the platforms where you can find Agricoin include . Always ensure to use reputable exchanges and conduct due diligence before any transaction.

How to Keep Your Agricoin Safe?

To keep your Agricoin safe, it is vital to store it in a secure wallet. Options include hardware wallets, which are physical devices that store your cryptocurrency offline, and software wallets, which are programs that can be installed on your computer or mobile device. Always remember to keep your private keys confidential and to use strong, unique passwords for your wallets and exchanges.

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