About Handshake
Handshake (HNS) is a cryptocurrency launched in 2020. Handshake has a current supply of 2,040,000,000 with 665,546,086.29336 in circulation. The last known price of Handshake is 0.00627388 USD and is down -4.31 over the last 24 hours. It is currently trading on 14 active market(s) with $242,902.27 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
12
Market Stats
Market Cap
₹362.70M
FDV
₹1.11B
Circ. Supply
666M HNS
Max Supply
2B HNS
Total Supply
2B HNS
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹21.39M
2.02%
Volume (7D)
₹144.98M
Volume (30D)
₹622.83M
All time high
₹74.04
Price Change (1Y)
-65.46%
Additional details
Recent trends
The latest HNS price is ₹0.54. Compared to Handshake's value of ₹0.54 from 24 hours ago, there's been a 1% increase, while the current price is -9% down from ₹0.59 which was recorded one week ago. Handshake's all time high is ₹74.04, which was reached on May 5, 2021. This is a -99% change from its price today.
The current circulating supply of Handshake is 665,803,928. This is 33% of its max supply of 2,040,000,000 HNS and 33% of its total supply of 2,040,000,000. The market cap is currently ₹362.70M, which is a result of multiplying the current price of Handshake(₹0.54) by the total supply(2,040,000,000 HNS). The fully diluted valuation of Handshake is ₹1.11B. The diluted valuation of Handshake is ₹1.11B.
Market details
HNS vs markets
↘ 75.18%
HNS vs BTC
↘ 78.49%
HNS vs ETH
↘ 51.41%
Tags
distributed-computing
collectibles-nfts
storage
web3
+2
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.54 | ↗ 1.09% |
1 Day | ₹0.54 | ↗ 1.09% |
1 Week | ₹0.59 | ↘ 8.59% |
1 Month | ₹0.63 | ↘ 14.65% |
1 Year | ₹1.52 | ↘ 65.46% |
FAQ
Handshake is a permissionless and decentralized naming protocol that enables people to agree on names and cryptographic keys of networks. The official website of Handshake claims that names on the internet rely on centralized actors with complete control over a system. This makes the system vulnerable to hacking, corruption, and censorship. Therefore, Handshake aims to establish new ways of validating the peer-to-peer systems by the network's participants making the internet more resilient, secure, and socially beneficial.
Internet services have become more centralized and do not fulfill the original decentralized vision of the internet. Centralization of the internet services became essential to manage Sybil attacks and spam. Sybil attacks refer to a security threat on an online system, whereby individuals take control of a network by creating several accounts, computers, or nodes. However, to prevent the loopholes of centralization, internet services can prevent Sybil attacks if built on a decentralized system. A decentralized system eliminates the presence of a singular entity for permanent unitary control of the protocol.
Handshake enables participation in a decentralized open naming platform secured by a decentralized peer-to-peer network. The platform utilizes a coin system for name registration. Handshake coin (HNS) is the native token of the platform. Through HNS, participants transfer, register, and update names on the internet. The Handshake community places auctions and bids top-level domains through HNS.
Handshake allocates the maximum initial coins to the Free and Open Source Software (FOSS) community without any attached obligation. FOSS refers to free and open software that allows users and programmers to modify, edit, or re-use the software's source code. The incentive design of Handshake relies on Metcalfe’s Law. Metcalfe’s Law states that an increase in the network's user base is directly proportional to the value of the network. Therefore, the value of Handshake is derived from the network of users.
We update our Handshake to INR currency in real-time. Get the live price of Handshake on Coinbase.
The current market cap of Handshake is ₹362.70M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Handshake is ₹74.04. This all-time high is highest price paid for Handshake since it was launched.
Over the last 24 hours, the trading volume of Handshake is ₹21.39M.
Assets that have a similar market cap to Handshake include STAT, MAD, Alitas, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Handshake is 666 million.
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