Projects listed: 276 |
BTC Dominance: 51.97% | Volume (24h): $32,060,518,109 | Market Cap: $2,236,952,050,917
SolarX
SOLX
$0.00
Sector
Mining
Exchange Debut
2023-09-20
Market Cap
17,722
Maxim Supply
500,000,000
Circulating Supply
422,932,781
Circ. Supply(%)
84.59%
SolarX
SOLX
Price
$0.00
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
23370
5.3986339E-5
3.8995319E-5
Change 24h
Change 7d
Change 30d
3.4359
6.5509
-12.623
Maxim supply
Circulating supply
Circulating supply(%)
500,000,000
422,932,781
84.59%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the SolarX – SOLX cryptocurrency:
SolarX (SOLX) stands as an innovative venture in the realm of cryptocurrency, intertwining advanced technology with sustainable green energy. Its efforts in promoting an eco-friendly approach in the crypto landscape are commendable, showcasing potential for both environmental benefits and financial opportunities. However, the fundamental analysis of the SolarX cryptocurrency unveils a score of 4.32 out of 10, suggesting that while its aspirations are high, there’s substantial ground to cover in realizing its full potential.
SOCIAL & MASS MEDIA: Score 5.9 out of 10
SolarX has shown promise in attracting a substantial following on social media platforms, garnering a full score. The activity level of its community members echoes a similar sentiment. However, the administrators’ lack of engagement and limited media presence hampers its overall performance in this criterion. Sizeable communities in chat groups could also bolster its standing further.
AUDIT & SECURITY: Score 5.4 out of 10
When diving into the fundamental analysis of the SolarX cryptocurrency, it’s evident that audit results and transparency are decent, yet not exemplary. The liquidity on exchanges remains a concern, indicating a potential hurdle for investors and traders looking to transact in SOLX tokens.
TOKENOMICS: Score 2.4 out of 10
Tokenomics seems to be a weak spot for SolarX. Concerns arise with the project’s inflationary nature and the centralization of its monetary mass, which might deter potential investors wary of value dilution.
ECOSYSTEM DEVELOPMENT: Score 5 out of 10
The project showcases a balanced performance in achieving its objectives and planning new developments. Consistency in meeting targets and implementing advancements can further enhance its score.
TEAM & DEVELOPERS: Score 3.4 out of 10
SolarX boasts a young team, which brings along both energy and fresh perspectives. However, the experience level could benefit from industry veterans, and the limited number of software developers is a clear bottleneck. Expansion and training can offer robust solutions here.
PRODUCT & UTILITY: Score 4.2 out of 10
The utility of SolarX’s product and its token within the ecosystem have room for enhancement. Focusing on tangible benefits and real-world applications can uplift its standing in this criterion.
PARTNERS & INVESTORS: Score 3.5 out of 10
Partnerships and investments are crucial for growth. While the quality of partners is respectable, the quantity and capacity of investors need bolstering. Strategic alliances and investor outreach can aid in this domain.
Fundamental analysis of the SolarX – SOLX cryptocurrency – The final conclusion
Delving into the fundamental analysis of the SolarX cryptocurrency, it’s clear that SolarX embodies a commendable vision. Its commitment to green energy in the crypto space is both timely and necessary. However, as the scores suggest, it’s an ambitious project with many milestones yet to be achieved. The young team, while enthusiastic, needs to prove its mettle. The project’s security, tokenomics, and partnerships are areas requiring immediate attention. While there’s potential for growth and investment, potential stakeholders should tread with caution, keeping in mind the current scores and the areas needing improvement.
What is SolarX – SOLX?
Introduction to SolarX
SolarX (SOLX) stands as a monumental stride in blending cryptocurrency with eco-friendliness. This groundbreaking project harnesses renewable energies for its crypto mining operations, setting a precedent for environmentally-conscious advancements in the industry.
Notable Features and Advantages
At its core, SolarX promises zero carbon emissions, decreased expenditures by axing gas fees, and champions environmental preservation. Additionally, users can anticipate supplementary electricity and passive revenue avenues. SolarX’s adaptability covers multiple domains, making it an enticing pick for multifarious implementations.
Future Prospects of SOLX
SolarX is gearing up for trailblazing innovations. From the introduction of advanced miners to the establishment of the SolarX GreenX chain and a Green Energy Facility, the project is mapping out a green path. The proposition of decentralized energy trading and a commitment to infusing renewable energy in multiple sectors, including gaming and residential mining, further accentuates its futuristic vision.
SOLX: More than Just a Coin
The SOLX token, pivotal to the SolarX ecosystem, not only facilitates the acquisition of mining hardware but also powers real-world applications. From energy trading to gaming integrations, SOLX will permeate various segments of the SolarX world.
Decentralization and Security
Diversifying across the SolarX and Polygon chains fortifies the network’s resilience. This strategy, aiming at mitigating potential chain-specific disruptions, ensures the seamless operation of SOLX tokens across diverse ecosystems.
Mining and Revenue Dynamics
Annually, miners get a slice of the 10% from the allocated 40% for mining. Transaction charges on centralized exchanges and mining pools contribute to the SolarX treasury, cementing a robust financial structure.
In wrapping up, SolarX, through its SOLX Cryptocurrency, is not just ushering in a new era of crypto practices but is also shaping the narrative around sustainable digital transactions.
- Latest analysis update: September 24, 2023
SolarX - SOLX performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
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