Sumokoin, Crypto Asset With High Privacy And Resistant To Blockchain Analysis

JAKARTA - Among the digital coins of cryptocurrencies whose name has recently been heard is Sumokoin. This digital asset is ranked at 1,306 according to CoinMarketcap data, which can be used as a crypto investment asset.

The purchase price of Sumokoin began to attract attention. Through the official website sumokoin.org, quoted on Saturday, October 23, Sumokoin claims that this coin is made with a high level of privacy, setting Ring Confidential Transactions (RingCT), with a minimum ring size of 49 (48 mixes).

This is in order to hide the source or amount transferred and make it highly resistant to blockchain analysis. Thus, Sumokoin is untraceable, from the addresses of the sender and recipient to the encrypted transaction amount which is disguised by default.

Transactions on the Sumokoin blockchain also cannot be associated with specific users or real-world identities. Sumokoin itself follows Satoshi Nakamoto's vision of a decentralized and trustworthy cryptocurrency, namely secure digital money operated by a network of users.

Known, transactions are confirmed by distributed consensus, then permanently recorded on the blockchain. On the other hand, there is no need to use the services of a third party to keep this Sumokoin safe.

Sumokoin is totally worth it in the transaction and it does so thanks to the built-in privacy features. As for cash, all Sumokoins are basically the same, changeable. Therefore, it is highly unlikely that this particular coin will be blacklisted by any party due to its association with previous transactions.

In exchange Sumocoin is listed on various exchanges, independent platforms where you can trade (buy and sell) your coins.

There is a wide variety of trading pairs that depend on the exchange, both with other cryptocurrencies (BTC, ETH, LTC, DOGE, etc.) to various fiat currencies (USD, EUR).

The list is expected to continue to grow as Sumocoins are added to more exchanges, which is also due to the selling price of Sumokoin.

Sumokoin is one of the most popular crypto investment assets today. Now, as of October 21, 2021, based on CoinMarketCap data, the price of Sumokoin is at Rp1,697.78 with the lowest value at Rp901 and the highest at Rp1,893.55.

The price of Sumokoin per day is IDR 1,697.78 with a 24-hour trading volume of IDR 39,857,308,669. CoinMarketCap itself updates the price of SUMO to Rupiah in real-time and due to the high interest in buying Sumokoin is known to have increased by 83.72 percent in the last 24 hours.

The current rating of this digital coin on CoinMarketCap is 1,306, with an immediate market cap of IDR 65,322,898,626. This digital asset has a circulating supply of 38,475,479 SUMO coins and a maximum supply of 88,888,888 SUMO coins.

The top exchange for trading on Sumokoin can currently be done on several platforms, including, Indodax. To find out the selling price of Sumokin and the purchase price of Sumokin as well as in the context of trading other crypto assets, you can see and do it through the official Indodax website.