X-HASHXSH
$7.38
Market/Exchange
XSH Price Prediction and Price Movement
XSH has been down 52.01 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that XSH's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if XSH is backed by a solid development team and whether XSH's technology has any potential to grow.
Please note that this analysis is purely base on XSH's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
X-HASH Price Chart
About X-HASH
What is X-Hash (XSH)? X-HASH is Automated Market Maker (AMM) - a decentralized finance application (DeFi) that allows users to exchange tokens, providing liquidity through agriculture and earning fees in return.
It was launched in November 2021 and is a decentralized exchange and farm for exchanging BEP20 tokens in Binance Smart Chain. X-HASH uses an automated market maker model where users trade against a pool of liquidity. These pools are populated by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to recover your share of the pool as well as a portion of the trading fees. These LP tokens are known as FLIP. X-HASH also allows users to place additional tokens such as X-HASH and X-MINE. On the farm, users can deposit LP tokens and be rewarded with XSH.
X-HASH allows users to trade BEP20 tokens, provide liquidity for the exchange and earn fees.
Who are the founders of PancakeSwap? X-HASH is a decentralized exchange based on Intelligent Chain Binance ( DEX ) that was launched by public developers who are also part of the X-MINE project
What makes X-HASH unique? X-HASH uses an automated market maker model, which means there are no order books and liquidity pools are used instead. A user can earn revenue by becoming a liquidity provider; by adding their tokens to the liquidity pool, they can grow LP tokens and wager their XSH to earn rewards.
The XSH token is a BEP20 token originally released in Binance Smart Chain. XSH the main function is to encourage the provision of liquidity to the X-HASH platform.
Users can wager their tokens to earn rewards, which is done by depositing tokens from the Liquidity Provider and blocking them. This is known as farming and is rewarded by the system with XSH tokens. Tokens can be removed with zero timeout. XSH gives users the opportunity to invest and increase returns in the future, but comes with risks.