Description
Planq is a Layer 1 EVM PoS blockchain built on the Cosmos SDK. Planq is the very first cryptocurrency to keep mobile usability at heart. Planq takes a step back from dependency on desktops. The Planq Blockchain is powered by the $PLQ token. You can stake the $PLQ token to earn more $PLQ and secure the network. Planq already has a wide assortiment of Decentraliced applications in its growing ecosystem.
Users in both developed and developing countries will now be able to harness the full potential of blockchain technology using their phones, rather than relying on a desktop computer system. This should have profound impacts on individuals and lead to overall crypto adoption. The Planq network runs on a Proof-of-stake (PoS) Consensus mechanism called Tendermint. Planq is built using the Cosmos-SDK and is IBC enabled.
To be future-proof and leverage the power of Ethereum, the Planq blockchain is also an EVM-based blockchain (Ethereum virtual machine).
Planq is being developed by a team in The Netherlands.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Planq has established itself as a formidable player. It is currently ranked #11,007 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Planq as a viable digital asset.
Tokenomics
The tokenomics of Planq consist of a total supply of 232,083 tokens, out of which 197,270 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your Planq tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, MyEtherWallet, Ledger, Trezor. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Planq, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in Planq with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
