Analysts covering Obsidian (ODN) look at the 4.00% rise on June 18-19

June 19, 2018 - By Dolores Ford

It was good day for Obsidian (ODN), as it jumped by $0.00194660759999999 or 4.00%, touching $0.0506117976. International Crypto Experts believe that Obsidian (ODN) is looking for the $0.05567297736 goal. According to 4 analysts could reach $0.111407146041794. The highest price was $0.056720118 and lowest of $0.04866519 for June 18-19. The open was $0.04866519. It last traded at Cryptopia exchange.

For a month, Obsidian (ODN) tokens went down -36.50% from $0.0797 for coin. For 100 days ODN is down -67.70% from $0.1567. It traded at $0.6034 200 days ago. Obsidian (ODN) has 25.00 million coins mined with the market cap $1.27M. It has 91.39 million coins in circulation. It was founded on 24/08/2017. The Crypto ODN has PoS proof type and operates under SHA-512 algorithm.

Obsidian is a PoS cryptocurrency for popular use. It uses the more energy efficient SHA-512 hash algorithm to optimize for use on mobile devices and improved quantum computing resilience. ODN uses the proof-of-stake consensus strategy and pays a block reward of 20 ODN, which is equivalent to an interest rate of about 10%.

In addition, Obsidian is the currency that powers to future Obsidian Secure Anonymous Messenger economy. The Obsidian Secure Anonymous Messenger allows for sending end-to-end encrypted messages, media, and files and is optimized for anonymity of communication and metadata protection/avoidance and does not require any user accounts, phone number or personal email address which could identify its users. The message transport will be accomplished by a decentralized network of special messaging masternodes that can be run by anyone by simply installing the respective software. Running messaging masternodes will be rewarded in Obsidian currency, so that messenger users and messenger masternode hosters form an economy which is independent from any company or country and maintained only by the open source community.

Obsidian has an active Slack community in English with channels in русский and 中文, which welcomes traders, entrepreneurs, developers and everyone interested in science and innovation to share knowledge and learn.

According to the White Paper, the current circulating supply is 24.4M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: