X2,x10, etc. means if the price of Ethorse (HORSE) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. However, Ethorse offers a dApp which is really simple to use and which ideal for new cryptocurrency users. One can bet on the movements of cryptocurrency prices in a really intuitive way. Additionally, those who hold HORSE tokens are able to vote on different features of the games or races, and thus have a say in Ethorse’s development. So yes, HORSE tokens can be valuable and useful, though you shouldn’t mistake them directly for the cryptocurrency you can win in a successful Ethorse bet. In this case, horse race betting is applied to a grouping of cryptocurrencies, such that people can bet on which one will perform best over a set period of time.
This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
With a passion for educating the masses on blockchain technology and a commitment to unbiased, shill-free content, we unravel the complexities of the industry through in-depth research. If you look into Ethorse, ethorse coin you’ll start to read about HORSE tokens, and you can almost mistake them for the currency that the whole operation runs on. HORSE tokens are basically digital tokens you can earn by investing in HORSE.
It’s really about that simple – in fact, you don’t even need to sign up or make an account to participate. The table above shows the price and ROI of Ethorse today and previous years on the same date (Nov 18). There are guides to manage an unofficially supported ERC-20 token on Ledger and Trezor. You will need to connect your Ledger or Trezor to MyEtherWallet or MyCrypto. The highest price ever for one Ethorse (HORSE) was $0.239 on 20 Jan 2018, 6 years ago. For more details, please check the Ethorse price history page.
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CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. During the betting period, Ethorse posts lives stats (prices, how many people are betting, odds, etc.), and once the race is over winners have a set amount of time during which to claim winnings. While the Ethorse concept is no doubt an interesting one, the market is really competitive. There are already a large number of competitors that already have blockchain betting projects. These include prediction market places such as Augur and other general betting applications such as Bethereum. Showing market cap and how it’s compared to different cryptocurrencies.
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Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. As of Nov 18, Ethorse has a market capitalization of $20 Thousand and is ranked #6889 among all cryptocurrencies. This calculation is based on the circulating supply of Ethorse However, if we take into account the total supply of Ethorse, the market capitalization would be $23.6 Thousand.
- So do they have the potential to crack into the highly competitive betting dApp market?
- Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold.
- The table above shows the number of days which Ethorse closed above a certain price level.
Beginners Guide to Ethorse: Betting on Cryptocurrency Prices
There was no trade for the last 24 hours, meaning no one sold or bought this coin.
They are the best choice for those storing a lot of value or planning to hold long term. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily Ethorse price chart. To see more analysis and outlook, please check the Ethorse price prediction page. After the token’s launch on Jan 9, 2018, on the Ethereum platform, over 1,752 wallets have acquired HORSE, with a recorded total of 9,955 successful token transactions to date. The Coin Bureau Editorial Team are your dedicated guides through the dynamic world of cryptocurrency.
Then your only job is to choose whichever cryptocurrency in the race you think will rise the highest in price in the given time, and bet a given amount of ETH on it. So do they have the potential to crack into the highly competitive betting dApp market? In this simple Ethorse review, we will take a look at some of the most important factors to consider. The total supply available for purchase during the token sale was 125,000,000 HORSE. Ethorse launched its token sale on Jan 24, 2018 and completed it on Feb 20, 2018. Ethorse is a working dApp to bet on a coin and win from everyone betting on other coins.
Ethorse (HORSE) Price Stats
In terms of market cap, Ethorse is currently ranked #971 in the Ethereum (ERC20) Tokens sector. We would encourage you to do your own research, but the use case is most definitely there. As more people decide to participate in cryptocurrency betting they are likely to gravitate to the easiest option. Furthermore, while some might wonder about the legitimacy of something set up as a “betting” operation, this doesn’t appear to have caused any problems yet. It would appear that Ethorse’s “horse races” are close enough to investing or currency trading that they’re not scrutinized as betting or gambling activities.
All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage.