XMON PriceXMON

What is XMON (XMON)?

XMON is the utility token of the 0xmons NFT collection, a digital asset built on the Ethereum blockchain. The project centers on the creation and trading of pixel monsters, positioning itself within the collectible and NFT token category. XMON leverages zero-knowledge technology, which allows users to verify transactions and other sensitive operations. The token follows the ERC-20 standard and has a total supply of 10,000 XMON. With a circulating supply that has varied across sources between roughly 1,495 and 2,524 tokens, the project remains in a relatively early stage of distribution, with the majority of tokens still held in top addresses.

Key Specifications & Tokenomics

• Name: XMON
• Ticker / Symbol: XMON
• Blockchain / Platform: Ethereum
• Token Standard: ERC-20
• Contract Address: 0x3aaDA3e213aBf8529606924d8D1c55CbDc70Bf74
• Decimal Places: 18
• Category: Collectible (NFT); NFT Token; ERC20
• Total Supply: 10,000 XMON
• Max Supply: 10,000 XMON
• Circulating Supply: Approximately 1,495 to 2,524 XMON depending on the data source and date
• Launch Date: November 13, 2020
• Mineable: No
• Official Website: https://0xmons.xyz/

Wealth distribution data shows that the top 1–10 holders control 81.19% of the supply, while holders ranked 11–100 hold 8.69%, holders 101–1000 hold 5.56%, and the remainder hold 4.56%. Some top addresses can be associated with exchange custody wallets that hold funds on behalf of many users. The number of holders stands at approximately 6,439, with 34,961 transactions recorded.

Who created XMON?

Detailed public information about the founding team behind XMON is currently limited. The project is associated with the 0xmons NFT collection, and its official website serves as the primary source of project information. Crunchbase lists an organization named XMON that provides cybersecurity assessments, ethical hacking, security training, and advisory services, though this may refer to a separate entity. No specific founders or team members have been publicly identified in the available materials.

How does XMON work?

XMON operates on the Ethereum platform as an ERC-20 token. The project leverages zero-knowledge technology, which enables users to verify transactions and other sensitive operations without revealing underlying data. This technology is central to the project's approach to privacy and verification. The token functions within the 0xmons NFT ecosystem, where it serves as a utility token. Transactions involving XMON can be verified through blockchain scanning tools such as Etherscan.io, which allows users to search for the smart contract address and perform swaps manually on decentralized exchanges even if the token is not formally listed.

What makes XMON unique and valuable?

XMON distinguishes itself through its integration with the 0xmons NFT collection and its focus on pixel monsters as collectible digital assets. The use of zero-knowledge technology adds a layer of privacy and verification capability that is not common among all NFT-related tokens. One source describes XMON as a decentralized metaverse platform offering innovative solutions for the future of the metaverse, with a strong team, active community, and advanced technology. The fixed total supply of 10,000 tokens creates a scarcity element that may appeal to collectors and investors interested in NFT-based utility tokens. However, the token's market performance has shown significant volatility, with a 52-week range between $64.62 and $462.07 according to Yahoo Finance data.

What is XMON used for?

XMON serves as the utility token of the 0xmons NFT collection. Within this ecosystem, it is used in connection with the creation and trading of pixel monsters. The token operates within the realm of non-fungible tokens, with a specific focus on digital collectibles. XMON can be traded on decentralized exchanges, with XMON/WETH being a notable trading pair. Popular conversion pairs include XMON to AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The token is also referenced in trading pairs such as XMON/USD and XMON/BTC.

How Is the XMON ecosystem developing?

The XMON ecosystem is tied to the 0xmons NFT collection and its associated marketplace activity. News items reference NFT DEX Sudoswap distributing SUDO coins to customers and institutional crypto predictions for 2023 that highlight Ethereum, BTC, L2s, and NFTs as main themes. The project has 28 active markets according to Yahoo Finance, though CoinLore notes availability on one exchange, Uniswap V2, where XMON/WETH has a 24-hour volume of $894. The ecosystem remains relatively small, with a market cap rank varying widely between #1421 and #4389 depending on the data source. Technical indicators show a mix of bearish, bullish, and neutral signals.

How to mine XMON?

XMON is not mineable. The token operates on the Ethereum blockchain as an ERC-20 token and does not use a proof-of-work mining mechanism. There is no public information available regarding staking or other token generation mechanisms for XMON. The fixed total supply of 10,000 tokens means no additional tokens can be created through mining or other means. Users interested in acquiring XMON must purchase it on supported exchanges or through decentralized exchange swaps.

How to keep your XMON Coin safe?

To keep XMON tokens safe, users should follow general cryptocurrency security best practices. Bit2Me warns users to carefully check addresses and be alert to possible frauds or phishing attacks. When using decentralized exchanges, it is important to verify the smart contract address through blockchain scanning tools such as Etherscan.io before performing any swap. Storing XMON in a secure wallet, such as MetaMask, is recommended. Users should write down their seed phrase and store it securely, never share private keys, and ensure they are interacting with legitimate platforms. Given that some top holder addresses may be associated with exchange custody wallets, individual holders should maintain control of their own private keys for maximum security.