Oxen (OXEN) Market Cap Reaches $11.52 Million

Oxen (OXEN) traded up 6.6% against the US dollar during the 24-hour period ending at 0:00 AM E.T. on May 7th. In the last week, Oxen has traded 24% higher against the US dollar. One Oxen coin can currently be bought for about $0.17 or 0.00000270 BTC on exchanges. Oxen has a total market cap of $11.52 million and approximately $6,520.21 worth of Oxen was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $62,927.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.8% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $469.27 or 0.00745724 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $81.04 or 0.00128777 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.89 or 0.00009358 BTC.
• Ethereum Classic (ETC) traded up 2.1% against the dollar and now trades at $27.57 or 0.00043809 BTC.
• Arweave (AR) traded 7.5% lower against the dollar and now trades at $37.95 or 0.00060302 BTC.
• Monero (XMR) traded 1.4% lower against the dollar and now trades at $128.63 or 0.00204416 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $63.57 or 0.00101014 BTC.
• eCash (XEC) traded 1.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Oxen Profile

OXEN is a proof-of-work (PoW) coin that uses the CryptoNight-Heavy hashing algorithm. Its launch date was May 3rd, 2020. Oxen’s total supply is 67,812,229 coins. The Reddit community for Oxen is https://reddit.com/r/oxen_io and the currency’s Github account can be viewed here. Oxen’s official message board is oxen.medium.com. Oxen’s official Twitter account is @oxen_io and its Facebook page is accessible here. The official website for Oxen is oxen.io.

According to CryptoCompare, “OXEN is a privacy-focused cryptocurrency built on the Monero codebase. Their goal was to launch a network that facilitates completely anonymous and decentralized transactions. Oxen is a PoW cryptocurrency based on the CryptoNight heavy algorithm.

In the beginning of 2021, Loki rebranded to OXEN. These were cosmetic changes only. $LOKI holders do not need to take any action. All Loki users can continue using their current wallets and services without having to update. All details regarding the rebrand are covered in the official announcement.”

Buying and Selling Oxen

It is usually not possible to purchase alternative cryptocurrencies such as Oxen directly using US dollars. Investors seeking to acquire Oxen should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Oxen using one of the exchanges listed above.

OXEN/USD price chart by TradingView