Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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PoolTogether price

PoolTogether Price (POOL)

$0.66846

0.29%
Rank #1519

PoolTogether Price Chart (POOL/USD)

Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Bilaxy POOL / ETH $0.68311400 1.50% $18,109
2 Hotbit POOL / USDT $0.53454900 1.98% $5,928
3 Gate.io POOL / USDT $1.46 1.16% $22,189
4 Gate.io POOL / ETH $1.46 4.10% $7,511
5 Hoo.com POOL / USDT $0.76060500 1.48% $4,127

POOL Price Statistics

$1
24H Range
$1
  • PoolTogether Price Now $1
  • 24h Low / 24h High $1 / $1
  • Trading Volume $14,310
  • Market Cap Rank #1514
  • Market Cap $2,043,655
  • Volume / Market Cap 0.0070
  • All-Time High $54 -98.77%
    Feb 20, 2021
  • All-Time Low $1 30.32%
    Jun 18, 2022
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PoolTogether Cryptocurrency: A Revolution in Savings

Introduction


PoolTogether is a groundbreaking cryptocurrency that is transforming the way individuals save money. By combining the concept of a traditional savings account with the excitement of a lottery, PoolTogether offers users the opportunity to earn interest on their savings while also having the chance to win substantial prizes.

How Does it Work?


PoolTogether operates as a decentralized application (DApp) built on the Ethereum blockchain. Users can deposit their cryptocurrency into a prize pool, which functions similarly to a savings account. Instead of earning interest on their savings, users have the possibility of winning a significant portion of the prize pool.

The prize pool is generated through the interest earned by depositors' funds. This means that even if a user doesn't win the lottery, their deposits will continue to grow over time.

Ensuring Fairness


PoolTogether employs a smart contract mechanism to ensure fairness in the prize distribution. The smart contract uses cryptographic algorithms to randomly select a winner from among the pool's depositors. This ensures that the selection process is transparent, unbiased, and tamper-proof.

The Benefits of PoolTogether


PoolTogether offers numerous advantages for users looking to save their cryptocurrency:
- No Losses: Regardless of the lottery outcome, users' deposits remain safe and continue to earn interest over time.
- Incentives to Save: The possibility of winning a large portion of the prize pool acts as a well-deserved reward for those who actively save.
- Community-oriented: PoolTogether creates a sense of community among users by allowing them to compete against one another in a fun and exciting manner.

Conclusion


PoolTogether revolutionizes the concept of savings by integrating the thrill of a lottery with the security of a savings account. It offers a unique opportunity for individuals to grow their savings while also having the chance to win life-changing prizes. With its transparent and decentralized nature, PoolTogether is leading the way in creating an inclusive and engaging savings experience within the cryptocurrency market.