Beam Information

Beam is a privacy-focused cryptocurrency that utilizes the Mimblewimble protocol to enhance transaction confidentiality and scalability. It aims to offer users a high level of anonymity while maintaining an efficient and secure network. With its emphasis on privacy and continuous development, Beam positions itself as a valuable option in the expanding landscape of digital currencies.

0.00598 $
Beam

Beam

  • Current Price $ : 0.00598 $
  • Price Change 24h : -0.00029 $
  • Price Change % 24h : -4.61471 %
  • Market Cap : 313 605 364
  • Market Cap Change % 24h : -4.50312 %

Understanding Beam: A Comprehensive Overview

In the ever-evolving crypto landscape, Beam stands out with its unique approach to privacy and scalability. As a privacy-centric cryptocurrency using the Mimblewimble protocol, Beam provides a secure platform for transactions, emphasizing confidentiality without compromising on usability.

The Technology Behind Beam

Beam utilizes the Mimblewimble protocol, which is well-regarded for its compact blockchain size and improved privacy compared to other protocols. This technology ensures that all transactions are private and untraceable, making it an attractive option for users who value confidentiality. Additionally, Beam supports confidential assets and atomic swaps, allowing users to create and transact using multiple asset types without exposing transaction details on the blockchain.

Historical Performance and Market Trends

Since its inception, Beam has experienced various fluctuations in its market performance. The coin reached its all-time high on March 10, 2024, with a price of $0.04416304. However, like many cryptocurrencies, it has seen significant downs and experienced a substantial decline in its price. As of the latest update, Beam trades at $0.01871006, which represents a 57.54% decrease from its peak.

Interestingly, the crypto reached its all-time low on October 29, 2023, at $0.0043383, indicating a strong recovery of over 332% since that bottom. This volatility is typical for cryptocurrencies and reflects market sentiment and broader economic factors.

Potential Advantages of Investing in Beam

Beam offers several appealing advantages for potential investors. The robust privacy features enabled by the Mimblewimble protocol ensure that transactions remain confidential and secure. Additionally, its scalability ensures efficient transaction processing, which is crucial for long-term growth and adoption. Beam also has a capped supply, similar to Bitcoin, which can potentially create a scarcity effect and drive up value.

Drawbacks and Considerations

Despite its promising features, Beam faces several challenges. As with any cryptocurrency focused on privacy, Beam operates in a complex regulatory landscape. Increased scrutiny and potential regulatory crackdowns could pose threats to its adoption. Moreover, Beam competes with other established privacy coins like Monero and Zcash, which may hinder its ability to capture significant market share.

Future Outlook for Beam

The future of Beam hinges on its ability to adapt and innovate within the rapidly changing crypto environment. Continued development and enhancement of its technology and applications will be crucial. Adoption and collaboration with industry partners could significantly boost its utility and influence in the market. While the path forward presents challenges, Beam's emphasis on privacy and advanced technical features positions it well for potential growth.

In summary, Beam presents a compelling option for users prioritizing privacy and efficiency. While it has faced volatility in the past, its innovative approach and committed community could drive future success in the world of digital finance.

General Information

Title
Beam
Symbol
beam
Whitepaper
Website
Community
-
Last Updated
2025-07-07 23:29

Price Data

Current Price $
0.00598 $
High 24h
0.00632 $
Low 24h
0.00595 $
Price Change 24h
-0.00029 $
Price Change % 24h
-4.61471 %

Market Data

Market Cap
313 605 364
Total Volume
17 872 959
Market Cap Change 24h
-14 787 938
Market Cap Change % 24h
-4.50312 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
52 410 655 848
Total Supply
59 196 501 547
Max Supply
59 196 501 547

Historical Data

All Time High (ATH)
0.04416
ATH Change %
-86.45311 %
ATH Date
2024-03-10 10:40
All Time Low (ATL)
0.00429
ATL Change %
39.44962 %
ATL Date
2025-06-22 20:20