2021-12-25 15:52 |
Dusk Network DUSK/USD is a blockchain specifically created towards enabling programmable and confidential securities, which are powered through Zero-Knowledge proofs as well as a novel Private PoS extraction-based consensus protocol.
Dusk Network is a Layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, which supports native confidential smart contracts.
Dusk Network development as a catalyst for growthOn December 7, Dusk Network released their second biannual report of 2021 through their official Twitter page.
In it, they discussed the exclusive announcement of grants they have received, spotlights on breakthrough technologies, select developments that occurred throughout the prior six months, as well as their financials, alongside a timeline for their upcoming Testnet.
Then on December 8, we conducted a price analysis on DUSK after its sudden leap in value at the time.
On December 21, we also saw the DUSK liquidity pool launch on Bancor, which allowed users to trade DUSK against every other available pair or add single-sided liquidity through which they could earn fees with instant impermanent loss protection.
Another main point of appeal for the Dusk Network is the fact that it uses PLONK, which is its zero-knowledge proof system.
They have also done developments towards building upon existing layer-2 primitives, such as zk-Rollups, zk^2-Rollups, zk-Plasma, and others.
Should you buy Dusk Network (DUSK)?On December 23, Dusk Network (DUSK) had a value of $0.6816.
To see what this value point means for the DUSK token, we will be going over it’s all-time high value as well as its performance last month.
In terms of the all-time high value of the DUSK token, it was on December 22 when the token reached a value point of $0.7378. Here we can see that at its ATH value point, the token was $0.0562 higher in value or by 8%.
When we go over the performance of the token in November, however, we can see that on November 2, the token had its lowest point of value at $0.1682.
Its highest point of value, however, was on November 15, when the token increased to a value of $0.406.
Here, we can see that the token increased in value by $0.2378 or by 141%.
From its value point on November 15 to its current value point on December 23, we can see that the token grew by an additional $0.2756 or by 67%.
According to data from IntoTheBlock, DUSK saw $7.93 million in transactions greater than $100,000 in the last seven days.
Additionally, it saw $4.77 million in total exchanges inflows, as well as $5.35 million in total exchanges outflows.
With all of this in mind, we can expect DUSK to reach a value of $0.75 by the end of December, making it a worthwhile buy.
The post After its recent ATH value point, should you buy Dusk Network (DUSK)? appeared first on Invezz.
Similar to Notcoin - Blum - Airdrops In 2024
Dusk Network (DUSK) на Currencies.ru
|
