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Witnet WIT

Witnet Price (WIT)
$0.0028
1.79% Buy WIT Now

0.00000106 ETH

0.0000000420 BTC

Buy WIT Now
Low: $0.0027
High: $0.0029
24h
Market Cap
$2,214,833
1.79%
Fully Diluted Market Cap
$6,901,933
1.79%
Volume
24h
$1,467
91.20%
Volume / Market Cap
0.0007
Circulating Supply
802,016,622 WIT
Max Supply
2,499,269,793
Total Supply
1,137,386,450

Witnet (WIT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.09%

Joined at Jan 23, 2018

Following

67

0.00%

Tweet count

3,208

0.12%

Witnet reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Witnet (WIT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Witnet telegram
Telegram Stats

Members

-

Title

-

Currently, official Witnet (WIT) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Witnet traffic
Website Traffic
Visit Website

Website Rating (DR)

51 / 100

1.92%

Ahrefs Rank

645,978

6.98%

Organic Traffic (mo.)

10

28.57%

Witnet github
GitHub Organization
Visit GitHub

Public repos

Created at Nov 17, 2017

Type

Organization

Witnet github
GitHub Public Repository
Visit GitHub

Stars

0.00%

Watchers

14

0.00%

Forks

56

0.00%

Language

Rust

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 : 9,303


Live WIT Price Analysis

The current real time Witnet price is $0.0028, and its trading volume is $1,467 in the last 24 hours. WIT price has plummeted by 1.79% in the last day, and decreased by 6.62% in the last 7 days. It’s important to note that current Witnet market capitalization is $0, and the maximum supply is 2,499,269,793 WIT coins. Talking about circulating supply, WIT has 0 coins. Currently, Witnet rank on the market is #2606.

Witnet price today is 95.19% below all time high, and it is 353.35% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling WIT 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 Witnet (WIT)?

WIT is the native token of Witnet, which is a cutting-edge decentralized smart contract and oracle platform that employs modern cryptography and crypto-economic methods to guarantee the integrity of data inputs. 

Witnet's network of permissionless oracle nodes is able to retrieve, certify, and distribute information to smart contracts in a fashion that is decentralized and resistant to tampering.

The project has various tools that were developed by the community, including:

  • witnet-rust full archival node, which allows users to run their own nodes for block mining.
  • Sheikah, which is a desktop wallet.
  • Ethereum Truffle Box, which allows to integrate Witnet into Solidity-based smart contracts.
  • witnet.network block explorer, which allows users to see the events happening on the Witnet chain.
  • Witnet Data Feeds Explorer, which lists Witnet Foundation's public data feeds.

Check out the Witnet price chart above. It features the current and the previous Witnet price.

Use Cases of WIT Tokens

The main use cases of WIT tokens are the following:

  • Compensating Witnet mining nodes. WIT tokens are rewarded to network nodes for each validated block and transaction.
  • Staking. WIT tokens have to be staked by node operators to increase their chance of receiving and mining new blocks.
  • Means of payment. WIT tokens are used to pay for queries sent to the Witnet oracle.

Don't forget to check the current WIT price on the Witnet price chart above.

Who Founded Witnet?

The Witnet crypto project was founded by Daniele Levi and Adán Sanchez de Pedro.

Daniele Levi has years of experience working with blockchain technology and he started his first business when he was only 22 years old. He founded such companies as NET28, Stampery, Bitserex Labs, and Other Plane Labs.

Adán Sanchez de Pedro started writing computer code when he was 12 years old. His first projects were video games on Nintendo consoles like the DS and the Wii. He founded Kadede Social Media, Waalt Communications, and Whatools. Besides, he worked as the CTO of Stampery.

Tokenomics of WIT

The total supply of WIT tokens is capped at 2,500,000,000. Of this amount, 70% is reserved for block rewards.

Witnet block time is 45 seconds, and the initial reward is set at 250 WIT per block. However, this reward will decrease using the principle of halving. The reward will decrease by half every 3,500,000 blocks (around every 5 years).

The first halving will occur in 2025, at which point there will be 1920 blocks mined every day, with a daily token emission of 480,000 tokens.

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

WIT has a trading volume of $1,467 in the last 24 hours.

What's Witnet highest price ever?

WIT has a highest price of $0.0574, which was reached on Dec 01, 2021 (2 years 10 months ago ).

What's Witnet lowest price ever?

WIT has a lowest price of $0.0006, which was reached on Dec 11, 2022 (1 year 10 months ago ).

What are the best exchanges for buying and selling WIT?

Currently, the most active and dominating exchanges for buying and selling Witnet are Binance, Kraken & Kucoin. The most popular Witnet trading pairs are WIT/USDT (on Gate.io ), WIT/ETH (on Gate.io ), WIT/BTC (on Gate.io ). 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 WIT?

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 Witnet. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Witnet

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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.

Learn this metric

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.

Learn this metric

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.

Learn this metric

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.

Learn this metric

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.

Learn this metric

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

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

Circulating Supply

0 WIT

Unverified Data

Witnet project's Market Cap has not been verified. However, according to the Witnet self-reported data Market Cap is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Market Cap has not been verified. However, according to the Witnet self-reported data Market Cap is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Circulating Supply has not been verified. However, according to the Witnet self-reported data Circulating Supply is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Circulating Supply has not been verified. However, according to the Witnet self-reported data Circulating Supply is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Circulating Supply has not been verified. However, according to the Witnet self-reported data Circulating Supply is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Circulating Supply has not been verified. However, according to the Witnet self-reported data Circulating Supply is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

Unverified Data

Witnet project's Circulating Supply has not been verified. However, according to the Witnet self-reported data Circulating Supply is equal to:

Circulating Supply

802,016,622 WIT

Market Cap

$2,214,833

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.

Learn this metric

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.

Learn this metric
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