Proxy

Proxy (PRXY) is a cryptocurrency that operates on the Polygon platform. It has a current total supply of 6,574,565 tokens, although none are in circulation at the moment. This suggests it may be a relatively new token or in a pre-distribution phase. Additionally, Proxy emphasizes its connection with scaling solutions through its presence on Polygon, known for its capability to enhance blockchain scalability.

Using Proxy (PRXY) on the Polygon network offers several benefits, including lower transaction fees, faster transaction times, and increased scalability compared to many other blockchains. Polygon is well-regarded for its ability to improve the efficiency and effectiveness of transactions, which can be particularly advantageous for projects focusing on scaling as part of their functionality.

Proxy (PRXY) distinguishes itself by leveraging the Polygon network, which is known for scalability and efficient transaction processing. While Proxy shares similarities with other tokens focused on scaling solutions, its unique supply conditions and absence from circulation set it apart. Potential users and investors may find this appealing when considering diversification within the scaling sector of cryptocurrencies.

As of the latest update, Proxy (PRXY) is trading across 17 active markets but has reported zero trading volume over the last 24 hours. This could indicate a nascent stage of market presence or an opportunity to be one of the early adopters. The token's last known price was $0.02583848, with a small positive change of 0.47% in the last 24 hours.

Proxy (PRXY) currently has a total supply of 6,574,565 tokens, but none in circulation. This might be due to strategic decisions such as vesting schedules, private sales, or the token being in a pre-launch phase. Understanding when Proxy plans to release its tokens can be critical for potential investors or users looking to participate as its market activity evolves.

For more detailed information about Proxy (PRXY), its use cases, and development updates, visit their official website at https://btcproxy.io/. This resource will likely provide insights into the project's goals, roadmap, and any announcements related to token distribution or partnership that could affect its standing in the market.