Open Custody Protocol (OPEN) is a non-mineable cryptocurrency utilizing the Proof of Authority (PoA) consensus mechanism. With a circulating supply of 703,364,450 coins, it currently holds a market capitalization of $161,685, ranking #5840 among cryptocurrencies.
Current OPEN Price:
- $0.0002299 (24-hour change: 0%)
- All-Time High: $9.81 (date unspecified)
Price Performance Overview
| Timeframe | Change |
|---|---|
| Weekly | -79.71% |
| Monthly | -23.37% |
| Yearly | -98.86% |
Market Insights
Open Custody Protocol Market Cap
The market cap reflects OPEN’s total valuation, calculated by multiplying its price by the circulating supply.
- Current Market Cap: $161,685
- Circulating Supply: 703.36M OPEN
👉 Track real-time OPEN price movements
How to Store OPEN
A Open Custody Protocol wallet securely manages OPEN tokens. Options include:
- Software Wallets: User-friendly for daily transactions.
- Hardware Wallets: Enhanced security for long-term holdings.
Recommended Wallets:
- Ledger
- Trust Wallet
Where to Buy Open Custody Protocol (OPEN)?
OPEN is available on multiple exchanges. Key platforms include:
- KuCoin
- Bybit
Arbitrage Opportunity:
- Buy OPEN at $0.0018** and **sell at $0.00444 (potential profit: 146.67%).
👉 Compare OPEN prices across exchanges
FAQ
What is Open Custody Protocol’s consensus mechanism?
OPEN uses Proof of Authority (PoA), prioritizing validator identity over computational power.
How do I track OPEN’s price trends?
Use platforms like CoinMarketCap or CoinGecko for live charts and historical data.
Is OPEN a good investment?
Performance varies; analyze market trends, project updates, and risk tolerance before investing.
Disclaimer: Cryptocurrency investments carry risks. Conduct independent research before trading.
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