3. BOB (zkBob Token)
This refers to a token used within the zkBob protocol.
* Purpose: BOB is the native utility token of zkBob, a privacy-focused multi-chain protocol built on zero-knowledge technology. zkBob aims to provide private transactions within the DeFi space, addressing the need for on-chain anonymity.
* Utility: The BOB token is used to pay transaction fees within the zkBob ecosystem, incentivizing users to maintain the network's privacy pool.
* Functionality: It allows users to send and receive BOB tokens privately without revealing sender, receiver, or transaction amount on the public blockchain, enhancing financial privacy.
General Cryptocurrency Details (applicable to all)
For any cryptocurrency, you'll generally find these details:
* Price: The current trading price against fiat currencies (like USD, EUR) or other cryptocurrencies (like BTC, ETH). This is constantly fluctuating.
* Market Capitalization: The total value of all circulating tokens, calculated by multiplying the current price by the circulating supply.
* Trading Volume (24h): The total value of the coin traded over the past 24 hours, indicating liquidity and market activity.
* Circulating Supply: The number of tokens currently available in the market.
* Total Supply/Max Supply: The total number of tokens that will ever exist.
* All-Time High (ATH) and All-Time Low (ATL): The highest and lowest prices the coin has ever reached.
* Blockchain: The blockchain network on which the coin operates (e.g., Ethereum, BNB Chain, Polygon, Solana).
* Contracts: The smart contract address on the respective blockchain.
* Exchanges: The cryptocurrency exchanges where the coin can be traded.