Pocket Network

Pocket Network

Real-time POKT price analysis

The current real-time price of Pocket Network is $0.2240and its trading volume is equal to US$523,313 in the last 24 hours. POKT price has fell on

3.84%

on the last day and decreased by

8.78%

in the last 7 days. It is important to note that Pocket Network’s current market capitalization is US$340,823,373Speaking about working resources, POKT has 1 521 517 215 coins. Currently, Pocket Network’s market rating is #166.

Pocket net price today
92.77%

below
always on top and that’s it
2350.34%

higher
always at a low level.

All data and prices are updated in real time. The most active and popular exchanges for buying or selling POCT are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.

What is a pocket net?

The Pocket Network Token, or POKT, is the utility token that powers the Pocket Network. The latter represents Web3 infrastructure.

POKT has several uses. However, it is mainly used for betting. Staking is a prerequisite for nodes and developers who want to participate in the Pocket Network. Nodes can earn POKT by servicing requests or validating blocks. The amount of POKT depends on the number of data relays and block transaction fees.

The initial supply of Pocket Network tokens is 650,000,000. They have been distributed as follows:

  • 23.1% – Founders;
  • 14.4% – Contractors;
  • 11.6% – First private sale;
  • 8.9% – Fund reserves;
  • 8.9% – PNI reserves;
  • 8.9% — Token sale;
  • 7.7% – DAO;
  • 6% – Advisors;
  • 5.1% – Second private sale;
  • 3.8% – Incentivized testnet;
  • 2.7% – Pool of contractors.

As with most cryptocurrencies, the price of POKT tends to be very volatile. Therefore, before making any purchasing decisions, you should study the project thoroughly.

You can start by looking at Pocket Network price history and the current POKT price in the chart above.

What are the main features of Pocket Network?

As discussed in What is a pocket net The Pocket Network is a Web3 infrastructure of RPC nodes. Simply put, it provides Web3 access points to dApps. RPC nodes are very similar to function calls, since RPC is essentially API used by developers to communicate with servers and run code remotely.

Blockchains using the RPC standard can use the Pocket Network. Some of the supported blockchains include Ethereum, Avalanche, Polygon, Solana and Algorand, among many others.

Pocket Network has three main components:

  • Applications which send API requests to nodes;
  • Nodes who service these requests and respond to Applications;
  • Network layerwhich is responsible for maintaining smooth communication between applications and nodes.

Pocket Network describes itself as relay protocolwhich does not require users to pay more than necessary.

The project has more than 47,000 active nodes and more than 50 networks.

Who developed the pocket network?

The Pocket Network Crypto project was launched in mid-2020.

What is Pocket Network’s trading volume in the last 24 hours?

POKT has trading volume US$523,313 in the last 24 hours.

What is the highest price for Pocket Network?

POKT has the highest price US$3.10which was achieved at January 16, 2022 (2 years 1 month ago).

What is the lowest price on Pocket Network?

POKT has the lowest price $0.0091which was achieved at December 11, 2022 (1 year 2 months ago).

Which exchanges are best for buying and selling POKT?

Currently the most active and dominant exchanges for buying and selling Pocket Network are Binance, Kraken & Kucoin. The most popular Pocket net trading pairs POKT/USDT
(on
CoinW
),
POKT/USDT
(on
Gate.io
),
POKT/USDT
(on
Billiards
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

Which hardware wallets are the most secure for storing POKT?

According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Pocket net. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.

Pocket Network related pages

Read the hottest Crypto news.

Watch the animated crypt Video explanation.

Learn Cryptocurrency From scratch.

A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.

Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.

Consider factors like security, fees, available coins, user interface, and customer support.

Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.

Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.

Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).

Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.

Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.

A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.

Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.

Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.

 A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.

Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.

It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.

Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.

Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.

Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.

Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.

Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.

Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.

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