SAKECOIN price is $0.00000064
As of the current update, the price of one SAKECOIN (SAKE) is $ 0.00000064.
SAKECOIN (SAKE) is a digital token that exists on a technology called blockchain. It's a type of cryptocurrency, similar in some ways to more famous coins such as Bitcoin. SAKECOIN is one of the many thousands of altcoins (which stands for alternative coins) in existence. These altcoins were created following the initial success of Bitcoin, each with its unique proposition and functionality.
The creators of SAKECOIN are mostly anonymous, much like the creators of other cryptocurrencies. What we do know is that they are a team of developers who go by pseudonyms, and they've chosen to keep their real identities hidden due to the decentralized and somewhat underground nature of the cryptocurrency world.
While the specific operational details of SAKECOIN aren't available, the overall system is similar to other digital currencies. You can buy and sell SAKECOIN on various cryptocurrency exchanges, and it travels between wallets in transactions that are recorded on a public ledger, called a blockchain.
The blockchain ensures that every single transaction is visible to the public, thus reducing the chance of fraud. Some of the key features of SAKECOIN could include decentralization (meaning it's not controlled by any organization or government), security from fraud, and potential anonymity depending on how it's used.
SAKECOIN, like many other altcoins, has the potential for being used in a unique way, different to mainstream cryptocurrencies. However, without explicit knowledge on the coin's specifics, it's hard to detail out its unique selling proposition or what differentiates it from other digital currencies. First-hand information from the team behind the coin or respective whitepapers usually give a clearer picture of its distinctiveness.
SAKECOIN's current market cap is $ 2.6K and there are approximately 4.2B SAKECOIN in circulation. The market cap ranks it at #1 in the world of cryptocurrencies.
The value of SAKECOIN has increased by +0.00% in the past 24 hours. It's worth noting that like all cryptocurrencies, SAKECOIN's price can be quite volatile, moving up and down frequently.
SAKECOIN (SAKE) can be purchased on the following cryptocurrency exchanges: CoinExchange. Please remember that investing in cryptocurrencies involves risk, and you should only invest what you can afford to lose.
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