CoinJanitor JAN

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$ 0.00202300

CoinJanitor Price (JAN)

CoinJanitor to USD Price Chart

What Is the Current Price of CoinJanitor (JAN)?

CoinJanitor (JAN) currently has a price of $ 0.00202300, which has increased in the last 24 hours. Remember to check real-time data for the latest price info as the market can fluctuate rapidly.

What Is CoinJanitor (JAN)?

CoinJanitor is a cryptocurrency project with a unique aim within the digital currency space. It is designed to clean up so-called "dead coins," which are cryptocurrencies that have low utility, lost community support, or are essentially abandoned by their developers. CoinJanitor's mission is to restore lost value trapped in these projects and reintegrate it into the active cryptocurrency market.

Who Created CoinJanitor?

CoinJanitor does not have a single known founder but rather was developed by a group of blockchain enthusiasts and experts who recognized the problem of market dilution due to many non-functioning coins. The development team's information and their roles within the project can usually be found on the project's official website or their whitepaper.

How Does CoinJanitor Work?

CoinJanitor works by identifying failed or inactive cryptocurrency projects and offering to buy out their tokens from holders. In exchange, users receive JAN tokens. This process is designed to reduce the clutter of non-functional tokens and allow users to transfer their value into a functioning cryptocurrency. CoinJanitor then decommissions the bought-out coins, aiming to recycle the technology or codebase for further development uses.

What Makes CoinJanitor Unique?

CoinJanitor's unique proposition lies in its goal to consolidate and recycle value from failed cryptocurrencies. Unlike other projects which focus on innovation or improvement of the blockchain technology itself, CoinJanitor seeks to clean the crypto ecosystem, which can contribute to a healthier and more efficient market by reducing fragmentation.

How Is CoinJanitor's Economy Structured?

CoinJanitor's economy is structured around its native token, JAN, which is used as the medium of exchange when the project buys out dead or failed cryptocurrency tokens. The project's market cap, total and circulating supply, and other financial metrics can provide insights into its economic health.

What Are the Metrics of CoinJanitor (JAN)?

  • Market Cap rank: #1

  • Market Capitalization: $ 0.1M

  • Circulating Supply: 55.7M

  • Total Supply: 100.0M

  • 24-hour Volume: 0.8

These metrics are important to understand the current standing of JAN within the broader cryptocurrency market and can also depict the liquidity and investor interest in CoinJanitor.

Where Can You Buy CoinJanitor (JAN)?

You can purchase CoinJanitor (JAN) tokens on . Always make sure to use reputable exchanges, and be sure to check for updates as availability can change.

How Can You Keep Your CoinJanitor (JAN) Safe?

To keep your JAN tokens safe, it is essential to store them in a secure wallet. Options include hardware wallets, which are physical devices that keep your cryptocurrencies offline and safe from online vulnerabilities and software wallets, which although more convenient, may carry greater risks if not properly secured. Always ensure to use trusted wallet providers and practice good security measures such as two-factor authentication and backing up your wallet.

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