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View ChartColossusXT (COLX) is a community-oriented, energy-efficient cryptocurrency built around the principles of decentralization, privacy, and real-world implementation. Released on 24 September 2017, it operates as an open-source peer-to-peer digital currency that enables fast, near-feeless payments to anyone in the world. The project positions itself as a privacy-focused payment network that also extends into distributed computing through an initiative known as the Colossus Grid.
At its core, ColossusXT utilizes an energy-efficient Proof of Stake 3.0 protocol combined with a second-tier Masternode network. This architecture supports inclusive community-based governance and a blockchain-based self-funding treasury system, aiming for long-term sustainability rather than relying on energy-intensive mining. The total supply stands at approximately 17.11 billion COLX, with a circulating supply of about 12.73 billion COLX, giving a circulation rate of roughly 74%. The project is in a mature phase of its lifecycle, with an established blockchain, active masternode infrastructure, and a continuing focus on evolving its wallet features and usability.
ColossusXT originated from the Colossuscoin lineage, with Colossuscoin announcing the planned release of ColossusXT on August 24, 2017. The project was formally announced via a BitcoinTalk announcement thread on September 1, 2017, and the coin was released on September 24, 2017. It is also known by related naming conventions including Colossuscoin, Colossuscoin V1, and ColossusCoinXT. Detailed public information about the specific founding team members is currently limited, and the project presents itself primarily as a community-driven initiative rather than one built around a publicly profiled leadership group. Development and decision-making are channeled through the Masternode network and community governance structures.
ColossusXT runs on an open-source, decentralized peer-to-peer network. Instead of relying on energy-intensive Proof of Work mining, it uses a Proof of Stake 3.0 protocol in which coin holders can participate in securing the network. A second tier of nodes, called Masternodes, performs additional network services and requires a collateral of 10,000,000 COLX to operate. These Masternodes also form the backbone of the project's governance model, giving participants a voice in decision-making.
The network includes a blockchain-based self-funding treasury system, which allocates resources to support ongoing development and community initiatives. Block generation is fast, with an average block time of one minute, supporting quick transaction confirmation. The Colossus Grid concept extends the network's purpose by aiming to reward individuals for voluntary contributions of distributed computing power and decentralized storage, positioning COLX as more than a simple payment coin.
ColossusXT differentiates itself through a combination of privacy, energy efficiency, and community governance. Its Proof of Stake 3.0 consensus avoids the environmental footprint associated with traditional mining, aligning the project with sustainability goals. The Masternode network creates a democratic governance structure in which stakeholders help steer the project's direction and treasury spending.
The Colossus Grid initiative adds a layer of utility beyond payments, targeting the global market for distributed computing power and decentralized storage. By incentivizing voluntary grid contributions, ColossusXT aims to connect users around a shared purpose rather than functioning solely as a medium of exchange. Its long-running history since 2017, open-source design, and freely accessible nature mean that no single entity owns or controls the network, and anyone can take part.
COLX functions primarily as a privacy-oriented digital currency for decentralized peer-to-peer payments. It enables fast, secure transactions with near-zero fees, making it suitable for everyday transfers and remittance-style use cases. Users can send and receive COLX globally without relying on intermediaries.
Beyond payments, COLX plays a central role in the project's Masternode and governance system. Holding and staking COLX allows participation in network security, while acquiring the required collateral enables operation of a Masternode and participation in governance decisions. The token also underpins the Colossus Grid, where it is intended to reward contributions of computing power and storage, tying the currency to a broader decentralized services platform.
The ColossusXT ecosystem continues to evolve around its core wallet, Masternode infrastructure, and the Colossus Grid concept. The project emphasizes continuous improvement of its wallet and features to enhance user experience and expand utility. Governance through the Masternode network ensures that the community has an ongoing voice in the project's direction, fostering a collaborative development environment.
Network activity data shows an established chain with blocks being generated and a defined set of active Masternodes. The project maintains a presence across community channels including Twitter, Telegram, Discord, Reddit, Medium, and BitcoinTalk, and it is tracked by multiple market data providers. Trading markets have included Birake, StakeCube, and Block DX, alongside price listings on major data platforms. The ecosystem's development path centers on sustainability, privacy, and the practical expansion of decentralized computing and storage services.
ColossusXT does not use traditional Proof of Work mining. Instead, network participation and rewards are achieved through staking and Masternode operation under its Proof of Stake 3.0 protocol. Coin holders can stake their COLX to help secure the network and earn rewards proportional to their participation.
For those seeking a more active role, operating a Masternode requires a collateral of 10,000,000 COLX. Masternodes provide additional network services and receive rewards, with an annual ROI of approximately 61.12% as reported by monitoring data. The average reward frequency for a Masternode is roughly 46 minutes and 35 seconds. Because ROI fluctuates and depends on network conditions, participants should evaluate development activity, community strength, platform purpose, liquidity, and wallet quality before committing to a Masternode.
Securing COLX begins with using the official project wallet and keeping it updated to the latest version. Because ColossusXT is an open-source, decentralized network, users are responsible for their own private keys and funds. Storing large holdings in a secure wallet, backing up wallet files and private keys in multiple safe locations, and protecting access with strong, unique passwords are essential practices.
For Masternode operators, the collateral should be held securely and the node environment hardened against unauthorized access. Users should remain cautious of phishing attempts, fake wallets, and unofficial links, and should verify information through official project channels such as the website, Twitter, Reddit, and Medium. As with any cryptocurrency, performing proper research and understanding the risks before buying or holding COLX is strongly advised.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for COLX are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of ColossusXT (COLX) is $0.000772. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated COLX to USD rate at the top of BTCC’s price page. In terms of market scope, ColossusXT records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $9.830237M. Its current circulating supply stands at 12.73B out of a maximum supply cap of ∞.
The price volatility of ColossusXT (COLX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (12.73B) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, ColossusXT (COLX) hit an all-time high (ATH) of $0.022852 on 2018-01-07 09:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000054 on 2017-11-11 13:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading COLX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s COLXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for ColossusXT, simply log into your BTCC account with USDT margin available, navigate to the COLXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for COLXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000772), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for COLXUSDT with zero financial risk.
Trading ColossusXT (COLX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for COLXUSDT, and review its live price ($0.000772) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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