THX Crypto

THX is trading at 0.03 as of the 29th of March 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for THX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
THX is an online market maker for peer-to-peer digital currency indicated as Cryptocurrency. Please note that THX has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as THX are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as THX are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

THX Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. THX's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding THX or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Business ConcentrationTechnology, Cryptocurrency, Blockchain (View all Sectors)
THX is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Through ThoreNext blockchain and Cryptoeconomics, the time and complexity of developing TRUST are abstracted away, which allows a large number Upcoming StartUp & iOT Firms to collaborate and share in the profits of such collaboration without a hierarchical structure of a traditional firm. ThoreNext Blockchain systems replace that trust and cutting out Middlemen and their fees will allow users to exchange IoT ideas and Execution at a significantly lower cost. Thorenext (THX) will migrate to its mainnet, for more information please refer to https://medium.
Other Smart Contract AddressView
IndustryFinancial and Insurance Activities
FINMAUtility
FCAUtility
AccessPermissioned
Collateralized AssetNo
SymbolTHX
RatingE-
Technology Adoption RatingE-
Market Performance RatingE+
NameTHX
Sponsoredfalse
Built OnETH
Is Tradingtrue
Asset Launch Date2018-09-15
Full NameThorenext (THX)
Asset Website Urlhttps://www.thorenext.com/
Platform Typetoken
Coin NameThorenext
Smart Contract AddressView
THX (THX) is traded on CRYPTO Exchanges. THX is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate THX's market, we take the total number of its shares issued and multiply it by THX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

THX's Exchanges and Markets

THX Against Markets

Picking the right benchmark for THX crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in THX crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for THX is critical whether you are bullish or bearish towards THX at a given time. Please also check how THX's historical prices are related to one of the top price index indicators.

THX Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with THX crypto coin to make a market-neutral strategy. Peer analysis of THX could also be used in its relative valuation, which is a method of valuing THX by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Investing Ideas

In addition to having THX in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
When determining whether THX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of THX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thx Crypto.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for THX Crypto Coin analysis

When running THX's price analysis, check to measure THX's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy THX is operating at the current time. Most of THX's value examination focuses on studying past and present price actions to predict the probability of THX's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move THX's coin price. Additionally, you may evaluate how adding THX to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Fundamental Analysis
View fundamental data based on most recent published financial statements
Please note, there is a significant difference between THX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine THX value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, THX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.