Arion price is $0.00012415
At this precise moment, the price of Arion (ARION) is $ 0.00012415. It has increased by +0.02% over the last 24 hours. Always remember, cryptocurrency prices are highly volatile and can change rapidly.
Arion Coin, denoted by the symbol ARION, is an open-source cryptocurrency that operates on a peer-to-peer model. This coin is unique as it was not created by one single developer or team, but by an active community of crypto enthusiasts. Built on the foundation of decentralization and privacy, Arion supports key features like InstantSend transactions and PrivateSend, which respectively offer speedy remittances and anonymous transfers. It also incorporates Masternodes, which actively contribute to the network's security and efficiency.
Unlike standard cryptocurrencies, Arion doesn't have specific founders or developers. The coin was developed and is maintained by an active community that formerly supported Mutual Coin. These community members took the initiative to create Arion after Mutual Coin's lead developer and Main Staking Pool Manager left without any announcement or explanation. Added to that, Mutual Coin also faced a critical situation when it was left inaccessible on the only exchange it was listed on.
Arion operates using the principles of decentralization and privacy. The blockchain's InstantSend feature ensures that users can transact almost instantly, while PrivateSend offers the ability to conduct transactions anonymously for greater privacy.
Masternodes play an important role in Arion network. They are essentially network nodes that, in addition to validating and relaying transactions, perform critical tasks and make decisions such as voting on development matters, thereby making them vital to network health and security.
Arion's unique feature is its community-drive structure. This coin wasn't developed by a single person or a dedicated team; rather, it's backed by an entire community that came together following a crisis in their former cryptocurrency project, Mutual Coin.
The coin provides a solid mix of privacy, speed, and decentralization, which aligns with the primary virtues of blockchain technology. Arion's InstantSend and PrivateSend features emphasize rapid, anonymous transactions, while its masternodes contribute to decentralization and enhance the network's security and decision-making capabilities.
As of the current update, the circulating supply of Arion (ARION) is 17.2M. It is worth noting that as Arion is community-driven, the total supply might be subject to changes based on community consensus and the mechanisms they decide upon for coin generation and distribution.
Arion (ARION) can be purchased on the following cryptocurrency exchanges: CREX24, CoinExchange. Remember, it's crucial to conduct your own due diligence before investing. Please make sure the exchange you choose is secure and trustworthy, and always store your Arion in a secure wallet to protect your assets.
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