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The current real-time price of SUMX is $0.0104. In the past 24 hours, SUMX has traded between $0.0104 and $0.0104, showing strong market activity. The all-time high of SUMX is $0.0176, and the all-time low is $0.0092.
From a short-term perspective, the price change of SUMX over the past 1 hour is , over the past 24 hours is -0.16%, and over the past 7 days is -0.16%. These figures provide a quick overview of the latest price trends and market dynamics of SUMX on LBank.-0.65%
The live price of SUMX today is $0.0104, with a current market cap of $9.403M. The 24-hour trading volume is 933.37. The price of SUMX to USD is updated in real time.
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Before deciding whether to buy or sell SUMX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SUMX technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SUMX.
How much will SUMX be worth tomorrow, next week, or next month in ? What about your SUMX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SUMX Price Prediction
To learn more about SUMX, consider exploring other resources such as the whitepaper, official website, and other published information:
SUMX is a digital investment token uniquely backed by real estate, specifically the Summer Point Office Building in Thailand. It leverages blockchain technology to offer a streamlined and accessible approach to real estate investment, aiming to democratize participation in this asset class.
The Summer Point Token (SUMX) is backed by the Summer Point Office Building. This prominent property is strategically located on Sukhumvit Road, directly adjacent to the BTS Phra Khanong station in Thailand, providing a tangible asset foundation for the token.
Holders of SUMX tokens are eligible for periodic returns derived from the net rental income generated by the underlying real estate asset, alongside principal repayments. Additionally, SUMX facilitates enhanced liquidity, allowing for 24/7 trading on secondary markets, offering flexibility to investors.
Yes, the investment opportunity presented by SUMX is under the stringent oversight of the Securities and Exchange Commission (SEC) of Thailand. This regulation ensures adherence to relevant compliance standards governing both real estate and digital assets, bolstering investor confidence and transparency.
The circulating, total, and maximum supply of Summer Point Token (SUMX) is capped at 900,000,000 tokens. A structured token burning process is scheduled to begin in 2025 and continue until 2049. This mechanism involves burning 1% of tokens per quarter as the issuer repays the principal, effectively reducing the overall token supply by approximately 4.0% per year.
SUMX tokens are available for trading on various centralized crypto exchanges. These platforms facilitate the buying and selling of SUMX against local currencies and other cryptocurrencies, providing accessibility for investors to manage their holdings efficiently.
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