Dusk Network
DUSK
Watchlist
₹14.01
LIVE
Watchlist
24H Low ₹13.74
24H High ₹14.81
Price of DUSK today
The current live price of DUSK today is ₹14.01, with a 24-hour trading volume of ₹60,65,01,305.85. Our DUSK to INR price is updated in real-time. DUSK has seen a decrease of -6.06% in the last 24 hours. With a live market cap of ₹6,52,15,73,416.35 , the circulating supply is at 466,999,999 DUSK coins, with a maximum supply of 500,000,000DUSK coins.
Dusk Network Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹0.73 | 4.97% |
7 Days | -₹1.16 | 7.62% |
30 Days | -₹2.98 | 17.31% |
1 Year | ₹2.97 | 25.17% |
Dusk Network Price Information
Price Change (1hr)
6.49%
Price Change (24hr)
4.97%
Price Change (7d)
7.62%
Dusk Network Market Stats
Market Cap
₹6,52,15,73,416.35
Fully Diluted Market Cap
₹6,98,24,12,661.58
24hr Volume
₹60,65,01,305.85
8.13%
Circulating Supply
466999999.32 DUSK
Total Supply
500000000 DUSK
Things to know about Dusk Network
1. What is the Token?
Dusk Network (DUSK) is a blockchain platform focused on privacy, aiming to revolutionise financial applications by enabling the tokenisation of securities while ensuring compliance and maintaining anonymity through Zero-Knowledge proofs, ring signatures, and stealth addresses.
DUSK is used for transaction fees, atomic swaps, and gas conversion, highlighting the platform’s dedication to secure and anonymous transactions.
2. Tokenomics
DUSK incentivises consensus participation and acts as the primary currency within the Dusk Network, essential for paying transaction fees.
3. Market Data
As of today 04 November 2024, the price of Dusk Network is ₹14.01 INR, with a 24-hour trading volume of 6853122.1 USD. The market capitalization for Dusk Network is 73690095.1USD. The circulating supply is 466999999.32 Dusk Network, with the total supply also being 500000000 Dusk Network.
4. Token Pros and Cons
Pros:
Dusk Network guarantees transaction privacy through the use of Zero-Knowledge proofs, enhancing security for users.
It ensures compliance with global regulations, making it a viable option for financial institutions looking for blockchain solutions.
The platform offers a decentralised environment with high transaction speeds, facilitating efficient operations.
Cons:
Dusk Network faces stiff competition from other blockchains that focus on privacy and financial applications, challenging its market position.
5. Why Should You Invest in the Coin?
Investing in DUSK is compelling for its emphasis on privacy and compliance in financial applications, its pioneering use of Zero-Knowledge proofs for regulated asset tokenisation, and its potential in decentralised trading.
6. USP of the Coin
Dusk Network’s USP lies in its unique blend of privacy, regulatory compliance, and capability to tokenise securities in a secure, decentralised manner, appealing to financial institutions and regulated finance sectors.
7. Problem the Coin is Solving
Dusk Network tackles the challenge of creating a privacy-centric, compliant blockchain platform for the tokenisation and decentralised trading of securities and financial instruments.
8. Founder and Team Background
Founded in 2018 by Emanuele Francioni, Fulvio Venturelli, Jelle Pol, Pascal Putman, and Mels Dees, the Dusk Network team combines expertise in blockchain, finance, and compliance to merge traditional finance with decentralised finance.
9. Risks Associated in Investing in the Coin
The risks associated with investing in Dusk Network (DUSK) include:
Market Volatility
: Like any cryptocurrency, DUSK is subject to market volatility, which can lead to significant price fluctuations and investment losses.
Regulatory Changes
: Regulatory developments in the cryptocurrency and security token space could impact Dusk Network’s operations and adoption, posing regulatory risks to investors.
Competition
: Dusk Network faces competition from other projects in the privacy, compliance, and financial blockchain sectors, which could affect its market position and adoption.
Exchange Dependency
: The high concentration of DUSK’s trading volume on a single exchange, such as Binance, could pose a risk from a “key exchange” perspective, potentially impacting liquidity and price stability.
Investors should carefully consider these risks before investing in Dusk Network.
10. Whitepaper Insights
The Dusk Network whitepaper outlines a privacy-oriented blockchain designed for financial applications, emphasising the need for compliance and privacy in the tokenisation of securities. It introduces innovative technologies such as Zero-Knowledge proofs, a novel consensus mechanism called Segregated Byzantine Agreement, and the Confidential Security Contract standard (XSC) to ensure privacy and compliance.
The whitepaper details the DUSK token’s role within the ecosystem, including its use for transaction fees, staking, and participation in the network’s consensus mechanism. It also discusses the network’s architecture, focusing on scalability, security, and the ability to support confidential intelligent contracts. The whitepaper highlights Dusk Network’s potential to revolutionise the financial industry by providing a secure, compliant, and decentralised platform for issuing and trading digital securities. Through its focus on privacy and compliance, Dusk Network aims to bridge the gap between traditional finance and decentralised finance, enabling the creation of innovative financial products and services accessible to a broader audience.
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Price as per 11:03 PM • 04 Nov 2024
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What is the price of Dusk Network (DUSK)?
The current price of Dusk Network (DUSK) in INR is ₹14.01 INR.
What is the current DUSK market cap?
The current market capitalization of Dusk Network (DUSK) is ₹6,52,15,73,416.35 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of DUSK by the number of coins in circulation.
What is the current supply of Dusk Network (DUSK)?
The current supply of Dusk Network (DUSK) is 466999999.32 DUSK. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Dusk Network (DUSK)?
The 24-hour trading volume of Dusk Network (DUSK) in INR is ₹60,65,01,305.85. This figure represents the total value of all DUSK transactions across various exchanges within the last 24 hours.
How to Buy Dusk Network (DUSK) in India?
To buy Dusk Network (DUSK) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in DUSK.
Can I buy Dusk Network (DUSK) with UPI?
Yes, you can buy Dusk Network (DUSK) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Dusk Network (DUSK) to Indian Rupee (INR)?
To convert Dusk Network (DUSK) to Indian Rupee (INR), you can use our DUSK/INR conversion rates in real time.