Unisocks (SOCKS) Trading Up 18% This Week


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Unisocks (CURRENCY:SOCKS) traded up 0.7% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM E.T. on May 4th. Unisocks has a market capitalization of $26.44 million and approximately $343,627.00 worth of Unisocks was traded on exchanges in the last day. One Unisocks coin can currently be bought for $84,205.89 or 1.54300287 BTC on popular exchanges. In the last week, Unisocks has traded 18% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Chainlink (LINK) traded up 16.7% against the dollar and now trades at $48.46 or 0.00088793 BTC.
  • THETA (THETA) traded down 8.9% against the dollar and now trades at $10.51 or 0.00019255 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001832 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • PancakeSwap (CAKE) traded down 7.6% against the dollar and now trades at $38.04 or 0.00069696 BTC.
  • Aave (AAVE) traded down 5.7% against the dollar and now trades at $472.99 or 0.00866718 BTC.
  • Maker (MKR) traded 10% lower against the dollar and now trades at $5,488.57 or 0.10057349 BTC.
  • FTX Token (FTT) traded down 2.3% against the dollar and now trades at $55.45 or 0.00101602 BTC.
  • Huobi Token (HT) traded 9.2% lower against the dollar and now trades at $24.29 or 0.00044508 BTC.

Unisocks Coin Profile

Unisocks (SOCKS) is a coin. It launched on May 8th, 2019. Unisocks’ total supply is 314 coins. The official website for Unisocks is unisocks.exchange. Unisocks’ official Twitter account is @UniswapProtocol and its Facebook page is accessible here. The Reddit community for Unisocks is https://reddit.com/r/UniSwap.

According to CryptoCompare, “SOCKS is a token that entitles users to 1 real pair of limited edition socks, shipped anywhere in the world. Users can sell the token back at any time. To get a real pair, redeem a SOCKS token. SOCKS tokens are listed starting at $12 USD. Each buy/sell will move the price. The increase or decrease follows a bonding curve. SOCKS will eventually find an equilibrium based on market demand. Buying or selling socks uses the uniswap protocol and accepts any token input as a payment method. The pool of SOCKS is a uniswap pool where 500 SOCKS tokens were deposited along with the starting value of ETH. “

Buying and Selling Unisocks

It is usually not presently possible to buy alternative cryptocurrencies such as Unisocks directly using US dollars. Investors seeking to trade Unisocks should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Unisocks using one of the aforementioned exchanges.

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