iExec RLC

Name: iExec RLC
Brand: Cryptocurrency
SKU: RLC
Price: 1.192606649500293138105 GBP
Availability: InStock

RLC

GBP

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

•

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

•

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

•

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

•

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About iExec RLC

RLC is an Ethereum token for the iExec cloud platform in which users can monetize and rent computing power and data. iExec enables developers to power applications on what is described as “a decentralized marketplace for cloud resources."

Resources

iExec RLC (RLC) is a digital asset that operates on the Ethereum platform, with the aim of providing a decentralized computing environment. It seeks to establish a market network where individuals have the opportunity to monetize their computing power, applications, and datasets. iExec RLC is constructed on XtremWeb-HEP, an open-source desktop grid software that implements a variety of features including multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, and security. The RLC token is given as a reward for contributing resources to the network, making it a crucial part of the iExec ecosystem.

iExec RLC operates by providing on-demand access to cloud computing resources. It utilizes a consensus protocol known as PoCo or proof-of-contribution, which provides consensus over off-chain computing. This proof-of-contribution verifies the usage of external resources on the blockchain itself. iExec also supports distributed applications running on the blockchain, providing scalable, easy access to servers, datasets, and computing resources.

iExec RLC seeks to support applications in various fields such as big data, healthcare, AI, rendering, and fintech. It allows application providers to monetize their algorithms, and data providers with valuable datasets to make them available for usage through iExec. It also enables users to connect their machines and be rewarded with RLC tokens for contributing their resources to the network. Furthermore, iExec RLC aims to overcome limitations within the Ethereum blockchain including scalability, privacy, and connectivity, enhancing the functionality of smart contracts.

iExec RLC was established on October 16, 2016, with the aim to reinvent cloud computing by creating a new cloud computing paradigm. The founders of iExec RLC are Gilles Fedak, the CEO and co-founder, and Haiwu He, the co-founder and head of APAC. Both founders have extensive backgrounds in philosophy and computer science, and have conducted research in the field of desktop grid computing at INRIA and CNRS. The iExec RLC project is built upon their work, aiming to leverage research technologies developed at these research institutes.

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Market

United Kingdom Market stats

Market cap

£86.0M

Volume (24h)

£2.5M

Circulating supply

72.4M RLC

Typical hold time

13 days

Popularity

#320

All time high

£15.32

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

+0.72%

Price change (1d)

+8.2%

Price change (1w)

-4.57%

Price change (2w)

-7.76%

Price change (1m)

+2.25%

Price change (1y)

+20.89%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about iExec RLC on social media

78 unique individuals are talking about iExec RLC and it is ranked #358 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, iExec RLC has an average sentiment score of 3.6 out of 5. Finally, iExec RLC is becoming more newsworthy, with 0 news articles published about iExec RLC. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about iExec RLC. There were 78.57% of tweets with bullish sentiment compared to 6.12% of tweets with a bearish sentiment about iExec RLC. 15.31% of tweets were neutral about iExec RLC. These sentiments are based on 196 tweets.

On Reddit, iExec RLC was mentioned in 26 Reddit posts and there were 38 comments about iExec RLC. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

78 people

Posts

116 posts

Dominance

0.01%

Volume rank

#358

Average Sentiment

3.6 out of 5

Twitter

Tweet Count

196 people

Sentiment

78.57%

Bullish

15.31%

Neutral

6.12%

Bearish

Posts

Comments

Post Score

Comment Score

iExec RLC Calculator

How much is 1 RLC?

Conversion Table

RLC/USD (United States Dollar)

$1.55

RLC/CAD (Canadian Dollar)

CA$2.15

RLC/GBP (British Pound)

£1.19

RLC/JPY (Japanese Yen)

¥236.41

RLC/INR (Indian Rupee)

₹130.13

RLC/BRL (Real)

R$8.93

RLC/EUR (Euro)

€1.43

RLC/NGN (Nigerian Naira)

NGN 2,568.33

RLC/KRW (South Korean Won)

₩2,144.83

RLC/SGD (Singapore Dollar)

S$2.04

iExec RLC is on the decline this week.

The price of iExec RLC has increased by 0.72% in the last hour and increased by 8.20% in the past 24 hours. iExec RLC’s price has also fallen by 4.57% in the past week. The current price is £1.19 per RLC with a 24-hour trading volume of £2.50M. Currently, iExec RLC is valued at 92.21% below its all time high of £15.32. This all-time high was the highest price paid for iExec RLC since its launch.

The current circulating supply of iExec RLC is 72,382,548.065 RLC which means that iExec RLC has as total market cap of 72,382,548.065.

FAQ

What is the current price of iExec RLC?

We update our iExec RLC to GBP currency in real-time. Get the live price of iExec RLC on Coinbase.

What is the market cap of iExec RLC?

The current market cap of iExec RLC is £86.04M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of iExec RLC?

The all-time high of iExec RLC is £15.32. This all-time high is highest price paid for iExec RLC since it was launched.

What is the 24 hour trading volume of iExec RLC?

Over the last 24 hours, the trading volume of iExec RLC is £2.50M.

What other assets are similar to iExec RLC?

Assets that have a similar market cap to iExec RLC include SushiSwap, Storj, PAAL AI, and many others. To see a full list, see our comparable market cap assets.

How many iExec RLC are there?

The current circulating supply of iExec RLC is 72 million.

What is the typical holding time of iExec RLC?

The median time that Coinbase customers hold iExec RLC before selling it or sending it to another account or address is 13 days.

What is the relative popularity of iExec RLC?

iExec RLC ranks 60 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of iExec RLC?

Currently, 67% of Coinbase users are buying iExec RLC. In other words, 67% of Coinbase customers have increased their net position in iExec RLC over the past 24 hours through trading.

Can I buy iExec RLC on Coinbase?

Yes, iExec RLC is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy iExec RLC guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.