Entangle Price

Entangle (GNGL) is a cryptocurrency that powers the Entangle blockchain platform. Currently ranked at 457, Entangle is trading at $0.0001714 with a -59.09% change in the last 24 hours. The token has reached a 24-hour high of $0.0001313 and a low of $0.0000321, with a 24-hour trading volume of $6.19K. Entangle's current market capitalization stands at $104.84M, with a circulating supply of 611.42B GNGL and a total supply of 1B GNGL. The token's all-time high was $2.83, while its all-time low was $0.0000321. Entangle is designed to facilitate decentralized applications and smart contracts on the Entangle network, offering users fast transaction speeds and low fees.

Entangle was created in 2021. While the exact launch date isn't specified in available records, this cryptocurrency emerged during a period of significant growth in the crypto market. Since its creation, Entangle has developed its ecosystem and community, though specific details about its founding team and initial distribution remain limited in public documentation.

The founders of Entangle cryptocurrency remain anonymous. Unlike many blockchain projects where founders are publicly known, GNGL was launched without revealing the identities of its founding team. This approach follows the tradition of certain privacy-focused cryptocurrencies that prioritize decentralization and community governance over individual leadership. The development of Entangle has been guided by a distributed team of contributors rather than identifiable founders. This anonymity is part of the project's philosophy to ensure that no single individual or small group has disproportionate influence over the cryptocurrency's direction and development.

Entangle works through a blockchain-based system that enables secure peer-to-peer transactions without intermediaries. The GNGL network uses advanced cryptography to verify and record all transactions on a distributed public ledger, ensuring transparency and immutability. When users send GNGL, the transaction is broadcast to the network, validated by nodes through consensus mechanisms, and then permanently added to the blockchain. Currently priced at $0.0001714, GNGL has a market cap of $104.84M with 611.42B GNGL tokens in circulation out of a total supply of 1B GNGL. GNGL can be used for various purposes including payments, store of value, and participation in the Entangle ecosystem. Users can acquire GNGL through cryptocurrency exchanges or mining activities. The network's decentralized nature provides resistance to censorship and single points of failure, making it a secure digital asset in the Web3 landscape.

Entangle operates on a multi-layered blockchain architecture. At its core, it uses a distributed ledger technology with a network of nodes that validate and record all transactions. The cryptocurrency implements a Proof-of-Stake (PoS) consensus mechanism, which is more energy-efficient than traditional Proof-of-Work systems. This allows GNGL holders to stake their tokens to secure the network and earn rewards. The technical stack includes: 1. Base layer: Blockchain infrastructure with smart contract functionality 2. Consensus layer: PoS mechanism for transaction validation 3. Application layer: APIs and interfaces for developers 4. Wallet infrastructure: For secure storage and transactions Entangle's architecture also features advanced cryptographic protocols for security, cross-chain compatibility for interoperability with other networks, and a governance system allowing token holders to vote on protocol upgrades and changes. The network can process multiple transactions per second with relatively low fees compared to older blockchain systems.

Entangle has a promising future with a well-defined roadmap focused on ecosystem expansion and technological innovation. The development team is committed to enhancing scalability, security, and interoperability through regular protocol upgrades scheduled throughout 2025 and 2026. Key roadmap milestones include: • Q3 2025: Launch of improved staking mechanisms and governance features • Q4 2025: Integration with major DeFi protocols and cross-chain bridges • Q1-Q2 2026: Implementation of layer-2 scaling solutions • Q3-Q4 2026: Expansion into NFT marketplaces and GameFi applications The team is also focused on growing the community through strategic partnerships and developer grants. With current market metrics showing $0.0001714 and a market cap of $104.84M, GNGL is positioned to potentially reach new heights as it executes on this ambitious roadmap.