THX Crypto
THX is trading at 0.03 as of the 30th of November 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for THX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
THX is a digital token from an online market maker for peer-to-peer digital currency indicated as Cryptocurrency. Please note that THX has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as THX are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as THX are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
THX Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. THX's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding THX or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
THX is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Through ThoreNext blockchain and Cryptoeconomics, the time and complexity of developing TRUST are abstracted away, which allows a large number Upcoming StartUp & iOT Firms to collaborate and share in the profits of such collaboration without a hierarchical structure of a traditional firm. ThoreNext Blockchain systems replace that trust and cutting out Middlemen and their fees will allow users to exchange IoT ideas and Execution at a significantly lower cost. Thorenext (THX) will migrate to its mainnet, for more information please refer to https://medium. | |
| Other Smart Contract Address | View |
| Industry | Financial and Insurance Activities |
| FINMA | Utility |
| FCA | Utility |
| Access | Permissioned |
| Collateralized Asset | No |
| Symbol | THX |
| Rating | E- |
| Technology Adoption Rating | E- |
| Market Performance Rating | E+ |
| Name | THX |
| Sponsored | false |
| Built On | ETH |
| Is Trading | true |
| Asset Launch Date | 2018-07-28 |
| Full Name | Thorenext (THX) |
| Asset Website Url | https://www.thorenext.com/ |
| Platform Type | token |
| Coin Name | Thorenext |
| Smart Contract Address | View |
THX (THX) is traded on CRYPTO Exchanges. THX is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate THX's market, we take the total number of its shares issued and multiply it by THX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
THX's Exchanges and Markets
THX Against Markets
THX Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with THX crypto coin to make a market-neutral strategy. Peer analysis of THX could also be used in its relative valuation, which is a method of valuing THX by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having THX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.