xMoney Price

xMoney (UTK) is a cryptocurrency that serves as the native token of the xMoney platform. Launched in 2017, it operates on the Ethereum blockchain and is designed to incentivize businesses and users to participate in the xMoney ecosystem. xMoney plays a crucial role in facilitating payments and promoting broader acceptance of both cryptocurrencies and fiat currencies. Currently ranked 1045 on CoinMarketCap, xMoney has a price of $0.0276 with a 24-hour trading volume of $242.16K. Its market capitalization stands at $19.43M, with a circulating supply of 704.11M UTK out of a total supply of 1B UTK. The token has experienced a -8.57% change in the last 24 hours, with a high of $0.03095 and a low of $0.02737. xMoney is utilized for various purposes within the xMoney platform, including incentivizing businesses to accept crypto payments, rewarding users for transactions, and governance of the ecosystem. As the xMoney network expands, xMoney aims to bridge the gap between traditional finance and the crypto world, potentially increasing its adoption and value in the coming years.

xMoney was created in December 2017. It was launched on the Ethereum platform through an initial coin offering (ICO) that started in November 2017. The ICO price for one UTK token was $0.0285. xMoney raised $21 million during its crowdsale. Since its creation, xMoney has become an established cryptocurrency in the blockchain space, focusing on payment solutions and smart contract functionality. As of 2025-08-01, xMoney has a circulating supply of 704.11M UTK and a market capitalization of $19.43M. The project has evolved over the years, expanding its ecosystem and use cases within the decentralized finance (DeFi) and e-commerce sectors.

The founders of xMoney are Nuno Correia and Roberto Machado. They established the cryptocurrency in 2017 with the goal of modernizing the finance and payments industry. xMoney was created as part of a broader project aimed at offering fast, cost-effective transactions and instant crypto-fiat settlements for merchants. The founders' vision was to address issues associated with traditional payment methods by leveraging blockchain technology. Since its inception, xMoney has evolved to become a significant player in the cryptocurrency payments space, reflecting the founders' commitment to innovation in digital finance.

xMoney (UTK) operates on the Ethereum blockchain, leveraging smart contracts to facilitate secure and efficient cryptocurrency transactions. The platform addresses the volatility issue in crypto payments by allowing merchants to receive fiat currency while buyers pay in crypto. xMoney uses a unique buyer protection mechanism, ensuring that funds are held in escrow until the transaction is complete. This protects both parties from fraud and market fluctuations. The UTK token is central to the ecosystem, used for transaction fees, staking, and governance. Holders can stake their tokens to earn rewards and participate in platform decisions. The system's efficiency is enhanced by its integration with multiple blockchains, including Ethereum and MultiversX, enabling faster and cheaper transactions. As of 2025-08-01, xMoney is ranked #1045 with a price of $0.0276. It has seen a -8.57% change in the last 24 hours, with a trading volume of $242.16K. The current market cap stands at $19.43M, with a circulating supply of 704.11M UTK out of a total supply of 1B UTK. The platform's continuous development and partnerships in the e-commerce and payment sectors position xMoney as a promising player in the cryptocurrency payment solutions space.

xMoney utilizes a blockchain-based architecture built on the Ethereum network. It leverages smart contract functionality to enable secure and decentralized payment processing. The UTK token is an ERC-20 compliant asset, allowing for seamless integration with Ethereum-based wallets and applications. The system employs a hybrid consensus mechanism combining Proof-of-Stake (PoS) and Delegated Proof-of-Stake (DPoS) to ensure network security and efficiency. xMoney's infrastructure includes a layer-2 scaling solution to enhance transaction speed and reduce fees. The platform also incorporates advanced cryptographic techniques for user privacy and data protection. Additionally, xMoney implements cross-chain interoperability features, enabling seamless transactions across multiple blockchain networks. This technical architecture supports xMoney's mission to provide a robust, scalable, and user-friendly payment solution for the global e-commerce market.

The future of xMoney (UTK) looks promising, with ongoing development and expansion plans. The project aims to enhance its payment solutions and DeFi offerings in the coming years. By 2026, xMoney plans to integrate with more e-commerce platforms and expand its merchant network. In 2027, the focus will be on improving scalability and transaction speeds. Looking ahead to 2030, xMoney aims to become a leading player in the crypto payment sector, potentially partnering with major financial institutions. The team is also exploring cross-chain compatibility and interoperability features. While specific price targets are speculative, many analysts expect UTK to grow significantly if it achieves its roadmap milestones. The current market cap of $19.43M and price of $0.0276 could see substantial increases as adoption grows. However, investors should note that cryptocurrency markets are highly volatile, and actual performance may differ from projections.