UTU Protocol Price Reaches $0.0195 (UTU)

UTU Protocol (CURRENCY:UTU) traded 0.4% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM Eastern on January 14th. Over the last seven days, UTU Protocol has traded up 1.3% against the U.S. dollar. UTU Protocol has a market capitalization of $2.43 million and approximately $43,763.00 worth of UTU Protocol was traded on exchanges in the last 24 hours. One UTU Protocol coin can currently be bought for approximately $0.0195 or 0.00000045 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Polygon (MATIC) traded 4.7% higher against the dollar and now trades at $2.37 or 0.00005505 BTC.
  • Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002320 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded up 3% against the dollar and now trades at $25.95 or 0.00060259 BTC.
  • Crypto.com Coin (CRO) traded down 0% against the dollar and now trades at $0.46 or 0.00001067 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00002321 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded down 0.1% against the dollar and now trades at $2.93 or 0.00006802 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.

About UTU Protocol

UTU is a coin. UTU Protocol’s total supply is 1,000,000,000 coins and its circulating supply is 124,476,610 coins. The official website for UTU Protocol is protocol.utu.io. UTU Protocol’s official Twitter account is @UTU_trust. The official message board for UTU Protocol is utu-trust.medium.com.

According to CryptoCompare, “UTU Technologies is based in Kenya, UTU was founded to offer a different, social-relationship based approach to establishing trust, rather than scores, aggregated reviews and ratings in order to transform the sharing economy into a trust economy. For this purpose, UTU Technologies is  building a platform consisting of two main components: A trusted recommendation service, a web service to deliver trusted service recommendations based on users’ and providers’ social relationships and other data, and A decentralised and blockchain-based protocol to enable users to make publicly verifiable staked endorsements (or disapprovals) of services, and to facilitate the necessary data provision. Each of these activities has the potential to earn rewards for the user, thus incentivising them to partake. The protocol will also not only be useable for our own service, but also other, 3rd-party services.  UTU Tecnologies wants to incentivise clients directly to provide data. For this purpose, we devise a blockchain-based protocol with a non-transferable utility token — UTU Tokens — to be built on a blockchain platform. Intuitively, clients will be rewarded for active participation in the system with  UTU Tokens. They can be used to make staked endorsements and access trusted recommendations provided by the UTU Recommendation Service and other services.  The token will be non-transferable to prevent people “buying into” the network, essentially buying trust. “

UTU Protocol Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as UTU Protocol directly using US dollars. Investors seeking to trade UTU Protocol should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy UTU Protocol using one of the exchanges listed above.

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