Turtlecoin: A Wise Investment Choice?

is turtlecoin a good investment

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy, fast, and secure transactions. It is a fork of Bytecoin and was founded in 2017 by RockSteady and Bebop. The cryptocurrency has a market capitalization of $367,912.65 and is ranked #-- on CoinMarketCap. The live TurtleCoin price today is $0.000032 USD, with a 24-hour trading volume of $48.58 USD. In this paragraph, we will explore whether TurtleCoin is a good investment option and provide an overview of its potential.

Characteristics Values
Price $0.000032-$0.000037 USD
24-hour trading volume $48.58-$56
Market cap $0-$2.17T
Circulating supply 86,256,637,423.54-138.37 B TRTL
Max supply 132,995,789,787-133 B TRTL
Price performance Decreased by 0.89% in the past 24 hours; risen by 0.47% in the past week
Ranking #7151

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TurtleCoin's market cap

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy and fast transactions. It is a fork of Bytecoin and, therefore, reflects the same privacy features in all transactions. TurtleCoin has a current supply of 19,416,493,676.96 with 86,256,637,423.54 in circulation. The last known price of TurtleCoin is 0.00001357 USD, and it is currently trading on 11 active markets with $20.75 traded over the last 24 hours.

The live TurtleCoin price today is $0.000032 USD with a 24-hour trading volume of $48.58 USD. The trading volume of TurtleCoin (TRTL) is $89.40 in the last 24 hours, representing a 1.10% increase from one day ago and signalling a recent rise in market activity. The current market cap of TurtleCoin is $0.00. A high market cap implies that the asset is highly valued by the market.

TurtleCoin is a microcap cryptocurrency that is fully private, fast, and easy to use. It is also one of the few coins that you can easily mine with your PC's CPU. TurtleCoin has a block time of only 30 seconds, which is much lower than the Bitcoin block time of 10 minutes. This means that transactions will confirm much more quickly than on the established chains. Given that TurtleCoin uses the CryptoNight hashing algorithm, it has a lot of the same privacy features as Monero (XMR), one of the foremost privacy coins.

TurtleCoin is on the rise this week. The price of TurtleCoin has decreased by 0.18% in the last hour and decreased by 0.89% in the past 24 hours. TurtleCoin's price has also risen by 0.47% in the past week. The current price is $0.000034 per TRTL with a 24-hour trading volume of $52.00. Currently, TurtleCoin is valued at 96.39% below its all-time high of $0.000946. This all-time high was the highest price paid for TurtleCoin since its launch.

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The TRTL token's price history

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy, fast, and secure transactions. It was founded by RockSteady and Bebop on December 9, 2017, with the aim of creating a fun and engaging project that users could easily interact with.

The TRTL token has had a volatile price history. At the time of writing, the live TurtleCoin price is $0.000032 USD, with a 24-hour trading volume of $48.58 USD. The token has seen a decrease of 0.18% in the last hour and a decrease of 0.89% in the past 24 hours. However, in the past week, its price has risen by 0.47%.

TurtleCoin's all-time high was $0.000946, and it is currently valued at 96.39% below that figure. The market cap of TurtleCoin is $0.00, indicating that the asset is not highly valued by the market. The circulating supply of TurtleCoin is 0 TRTL, and it has a maximum supply of 132,995,789,787 TRTL.

The price of TRTL has fluctuated over time and is influenced by various factors, including the performance of the broader cryptocurrency market. In the past month, the price of TurtleCoin has trended lower, which could be attributed to the general bearishness in the cryptocurrency markets. However, it is worth noting that TurtleCoin has a strong community driving its development and adoption, which could positively impact its price in the future.

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How to buy TurtleCoin

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy, fast, and secure transactions. It is a fork of Bytecoin and, therefore, reflects the same privacy features in all transactions.

  • Choose a Crypto Exchange: Select a reliable and trustworthy crypto exchange that supports TurtleCoin (TRTL) purchases. Some factors to consider when choosing an exchange include ease of use, fee structure, and supported payment methods. It is important to note that some popular exchanges like Coinbase and KuCoin do not currently support TurtleCoin.
  • Create an Account: Sign up by providing the required information and setting a secure password. Enhance the security of your account by enabling two-factor authentication (2FA) using Google Authenticator or other available methods.
  • Verify Your Identity: Reputable and secure exchanges often require Know Your Customer (KYC) verification. The specific information needed for KYC will vary based on your nationality and region. Successful KYC verification will unlock more features and services on the platform.
  • Add a Payment Method: Follow the instructions provided by the exchange to link a supported payment method, such as a credit/debit card or bank account. The information required may vary depending on your bank's security requirements.
  • Buy TurtleCoin (TRTL): You can now purchase TurtleCoin directly with fiat currency if the exchange supports it. Alternatively, you can perform a crypto-to-crypto exchange by first buying a popular cryptocurrency, such as USDT, and then exchanging it for TurtleCoin (TRTL).
  • Store Your TurtleCoin: Consider storing your TurtleCoin in a secure crypto wallet. You can choose between custodial wallets, provided by exchanges, or non-custodial wallets, such as MetaMask, where you have full control over your private keys.

It is important to note that the availability of exchanges and payment methods may vary depending on your location and regulations. Always conduct your own research and assess the risks before investing in any cryptocurrency.

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TurtleCoin's privacy features

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy, fast, and accessible transactions. It is a fork of Bytecoin and, therefore, reflects the same privacy features in all transactions.

TurtleCoin uses the CryptoNight hashing algorithm, which means it has many of the same privacy features as Monero (XMR), one of the foremost privacy coins. Every transaction that you send is private. This is because TurtleCoin makes use of Mixins, which will mix your private key with those of other users. This Mixin is based on a concept called Borromean Ring Signatures, developed by Blockstream.

Previously, TurtleCoin allowed users to choose 0 mixins if they did not mind their transaction being public. However, this was viewed as sub-optimal for network privacy for those who wanted to remain private. Hence, TurtleCoin recently upgraded its protocol to require a minimum of 7 Mixins per transaction.

TurtleCoin also has a block time of only 30 seconds, which is much lower than the Bitcoin block time of 10 minutes. This means that transactions will confirm much more quickly than on the established chains.

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The TurtleCoin community

The community is highly active and engaged, with over 11,700 users in their Discord chat, where they provide regular updates and actively help newcomers. The developers also maintain a strong presence on Medium, providing weekly updates and a host of resources and posts to help users understand the technical aspects of TurtleCoin. The TurtleCoin subreddit and GitHub are also buzzing with activity, with over 35 developers actively contributing to the project.

The community is so powerful that it was able to get TurtleCoin listed on CoinMarketCap ahead of schedule, purely through its collective efforts. This level of dedication and engagement is a testament to the strength of the TurtleCoin community and its belief in the project.

In addition, the community is committed to the project's initial vision of focusing on technology and community development rather than marketing and pre-mining. This shared goal unites the developers and users, creating a sense of alignment and camaraderie within the community.

Overall, the TurtleCoin community is a driving force behind the cryptocurrency's success and a key factor in its potential for future growth and mass adoption. Their dedication, engagement, and inclusivity set them apart from other cryptocurrency communities and make them a powerful force in the world of crypto.

Frequently asked questions

TurtleCoin (TRTL) is a private cryptocurrency that facilitates users with easy, fast, and accessible transactions. It is a fork of Bytecoin and was founded on December 9, 2017, by RockSteady and Bebop.

As of August 29, 2024, the price of TurtleCoin is $0.000034 per TRTL.

TurtleCoin has a market capitalization of $367,912.65 and is ranked #-- on CoinMarketCap as of June 5, 2024. The cryptocurrency market is highly volatile, so it is important to do your own research and assess your risk tolerance before investing.

The all-time high for TurtleCoin was $0.000946, while the all-time low was recorded at $0.00001357. The current price of TurtleCoin is lower than its all-time high and higher than its all-time low.

TurtleCoin can be purchased on centralized crypto exchanges such as TradeOgre, which is the most popular exchange for TurtleCoin trading. Other options include using a crypto wallet like MetaMask or a decentralized exchange (DEX) like Uniswap.

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