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Request REQ

Request Price (REQ)
$0.1456
1.93% Buy REQ Now

0.0000369 ETH

0.00000207 BTC

Buy REQ Now
Low: $0.1412
High: $0.1457
24h
Market Cap
$145,559,283
1.93%
Fully Diluted Market Cap
$145,559,283
1.93%
Volume
24h
$1,782,556
24.38%
Volume / Market Cap
0.0122
Circulating Supply
999,653,403 REQ
Max Supply
--
Total Supply
999,653,404

Request (REQ) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.14%

Joined at Jul 21, 2017

Following

586

0.00%

Tweet count

2,087

0.10%

Request reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Request (REQ) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Request telegram
Telegram Stats
Visit Telegram

Members

0.36%

Title

Request

Request traffic
Website Traffic
Visit Website

Website Rating (DR)

61 / 100

0.00%

Ahrefs Rank

281,197

2.59%

Organic Traffic (mo.)

1,530

1.54%

Request github
GitHub Organization
Visit GitHub

Public repos

Created at Aug 18, 2017

Type

Organization

Request github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Request (REQ) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 58,381

Members: 2,216


Live REQ Price Analysis

The current real time Request price is $0.1456, and its trading volume is $1,782,556 in the last 24 hours. REQ price has grew by 1.93% in the last day, and increased by 12.42% in the last 7 days. It’s important to note that current Request market capitalization is $145,559,283, Talking about circulating supply, REQ has 999,653,403 coins. Currently, Request rank on the market is #296.

Request price today is 15.27% below all time high, and it is 3,030.67% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling REQ are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Request (REQ)?

REQ is the utility token of Request, which is a decentralized payment request database that runs on Ethereum and employs the InterPlanetary File System (IPFS). The Request protocol is the core part of the Request platform. If you're interested in the current REQ price or statistics on its market performance, check out the Request price chart above.

In essence, the protocol allows users to request and safely receive payments without intermediaries. Also, users can easily access invoices and receipts of completed transactions since each action is recorded and kept on the Request network. Besides, Request follows each country's trade rules because it's compliant with international legislation.

Overall, there are three different ways a user can interact with the Request network:

  • The easiest way to do that is through Portal API. Users simply have to go to their Request Invoicing account, where they can acquire their API keys. Due to the Portal's ability to cache requests, this option allows for the quickest integration and best performance when fetching requests.
  • Another way is becoming a Network Client. These users get Request Client, which is a library that includes all functionalities required to generate, fetch, and update payment requests, as well as encrypt data. These clients are able to manage identities, encryption, and network interactions on their own. However, they are not able to host the Request node since it's handled by the platform.
  • The last option is hosting their own network nodes. These users have complete control over the Request network connections and storage options, which means that they can decide how requests' hashes are sent to Ethereum, as well as how information is stored and accessed.

So, how exactly do transaction requests work? In essence, Request sends an invoice through the blockchain to the counterparty. Users must first file a request for payment, in which they specify the amount and the address to which the payment should be sent. The request can then be converted into an invoice by specifying payment conditions and terms. Following this, the counterparty can complete the request.

The Request coin was officially launched in 2017. At the time, the REQ price was around $0.06. However, it grew rapidly in early 2018, peaking at $1.18 in January. Request has been known to be a volatile asset with frequent price changes.

Additionally, Request is prone to follow the general crypto market trends. The Request price nearly surpassed the $0.07 threshold again in November 2021, when the growth of Bitcoin (BTC) led to bullish market sentiment. The asset was also negatively affected by the crypto market crash in May-June 2022.

The Founders of Request

Christophe Lassuyt and Etienne Tatur are the founders of the Request crypto project.

Christophe Lassuyt is an entrepreneur who has a degree in finance. Prior to founding Request, Lassuyt worked at such companies as Virtua SA, Euranka, Amaris, Boehringer Ingelheim, and Groupe Soufflet. Besides, he also co-founded Moneytis, which is a worldwide money transfer platform.

Etienne Tatur has a degree in information technology. Before co-founding Request, he worked at Fiducial as a software engineer. Also, he was the CTO of Amaris and the lead developer at Qobuz. Besides, together with Christophe Lassuyt, he also co-founded Moneytis.

Lassuyt and Tatur discovered that the majority of international money transfers involved invoices while working with the Moneytis project. Then, they realized that blockchain technology could streamline the procedure. That's why they changed course and founded Request.

How Does the Request Protocol Work?

As mentioned before, Request runs on Ethereum and employs the InterPlanetary File System. Ethereum secures the Request's data by attaching data hashes to its nodes. This ensures that the data cannot be removed or modified by third parties, the government, or the Request platform itself. IPFS is responsible for the scalability of the Request crypto project. All Request transactions are batched and added to IPFS. This results in high throughput and low-cost fees.

In terms of the structure of Request, its protocol is made of three layers:

  • Core layer. It stores all smart contracts that are needed to generate and recognize payment requests.
  • Extensions layer. It allows users to include such payment conditions as various terms or taxes into their payment requests.
  • Application layer. It allows financial institutions to make payments and collect invoices.

Bear in mind that the REQ price is subject to change based on internal factors, such as the token supply, as well as the broader crypto market fluctuations.

The Purpose of REQ Tokens

REQ tokens are based on the ERC-20 token standard. It has more than one use case.

For starters, REQ tokens are used to pay for new payment requests or invoice fees. These fees are stored in an Ethereum smart contract. However, they are periodically burned, which reduces the total number of REQ tokens in circulation.

Secondly, REQ tokens provide their holders with governance rights. This means that users can vote on various decisions considering the future of the Request platform by using REQ tokens.

Furthermore, REQ tokens can be used for staking. REQ holders can stake their tokens in single-token liquidity pools on Bancor, which provide protection against impermanent loss.

Also, REQ token holders get exclusive discounts on various products.

Overall, the REQ token enables the Request network to scale and function simultaneously on several blockchains.

If you plan to buy Request coins, note that the REQ price is subject to change. This happens because, similarly to the pricing of other digital assets, the volatility of the overall crypto market has an effect on Request.

Tokenomics of REQ

The initial max supply of REQ was 1 billion tokens. However, the supply decreases with the growing adoption of Request. This means that the Request token will become more and more deflationary as its demand increases, leading to the Request price rising.

In 2017, an initial coin offering (ICO)  of REQ tokens was held, during which a total of $33 million was raised. Half of the initial supply was distributed to the investors, while the other half was dedicated to early backers, contributors, teams, advisors, and further development of the Request protocol.

So, check out the Request price chart above to see the asset's performance since its launch, as well as the current REQ price.

What's Request trading volume in the last 24 hours?

REQ has a trading volume of $1,782,556 in the last 24 hours.

What's Request highest price ever?

REQ has a highest price of $0.1718, which was reached on Apr 08, 2024 (1 month 2 weeks ago).

What's Request lowest price ever?

REQ has a lowest price of $0.0047, which was reached on Mar 13, 2020 (4 years 2 months ago).

What are the best exchanges for buying and selling REQ?

Currently, the most active and dominating exchanges for buying and selling Request are Binance, Kraken & Kucoin. The most popular Request trading pairs are REQ/USDT (on Binance ), REQ/USD (on Coinbase ), REQ/USDT (on Bityard ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping REQ?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Request. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Request project's Circulating Supply has been verified and is equal to:

Circulating Supply

999,653,403 REQ

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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