PetroDollar (XPD) soars 14,000.00% on December 4-5

December 5, 2017 - By Vivian Park

PetroDollar (XPD) had a good 24 hours as the cryptocurrency jumped $0.14 or 14,000.00% trading at $0.14. According to Global Crypto Analysts, PetroDollar (XPD) eyes $0.16 target on the road to $0.27. XPD last traded at Yobit exchange. It had high of $0.58 and low of $0.00 for December 4-5. The open was $0.00. About 434,026 XPD worth $51,206 traded hands.

PetroDollar (XPD) is up 8,194.12% in the last 30 days from $0.00 per coin. Its up 6,953.53% in the last 100 days since when traded at $0.00 and the annual trend is up. 200 days ago XPD traded at $0.00 (non existent). PetroDollar maximum coins available are 122.11 million. XPD uses SHA256D algorithm and N/A proof type. It was started on 19/02/2014.

PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10 000 relationship to barrels of oil still existing in the ground thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted increasing to approximately 15% in year 2045.

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