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Information about Threshold (T)
Threshold is a network born after the merger of the protocol between Keep Network and NuCypher. The Threshold Network is designed with the ability to keep your information and digital assets private while you use a public blockchain. At the core of the Threshold Network is the ability to encrypt, store, and transmit personal data through off-chain containers. These storage-specific smart contracts can be accessed without compromising user privacy or network transparency. This technology is becoming the foundation of the most trusted and important security solutions in DeFi.
T token is a utility token in the Threshold Network, as well as a governance token for the DAO Threshold. T tokens are merged from two previous tokens, NuCypher token (NU) and Keep Network token (KEEP). T tokens are used to stake and govern changes in the ecosystem of the Threshold Network platform.
News
The global cryptocurrency market cap reached 2.68 trillion USD, rising by 0.53% this week. Major cryptocurrencies showed slight fluctuations, with Bitcoin increasing by 0.3% while Ethereum dipped by 2.4%.
This week, T Token was the top gainer, registering a significant increase of 30.59%. Other notable performers included CORE at 27.15% and TFUEL with 16.60% gains.
Despite gains for some assets, others, like OM and MOVE, faced severe declines, losing 90.40% and 32.16%, respectively. The trading environment suggests resistance as Bitcoin holds a major market cap of 1.68 trillion USD.
Threshold (T) rises 28.02%
T, the utility token in the Threshold Network, has gained 28.02% to $0.16246665 after only 24 hours, trading volume reached 85 million USD.
Since the token merge, T has grown by 39.07%. With these achievements, T is currently leading the Top Gainers on ONUS.
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