| Name | Price | 24H (%) |
|---|---|---|
Bitcoin
(BTC)
| $7,143.18
| 4.37% |
Ethereum
(ETH)
| $183.68
| 7.59% |
XRP
(XRP)
| $0.189196
| 3.47% |
Tether
(USDT)
| $1.00
| -0.03% |
Bitcoin Cash
(BCH)
| $233.71
| 6.72% |
Bitcoin SV
(BSV)
| $193.30
| 6.32% |
Litecoin
(LTC)
| $41.86
| 3.52% |
EOS
(EOS)
| $2.63
| 4.29% |
Binance Coin
(BNB)
| $15.70
| 4.80% |
Tezos
(XTZ)
| $2.36
| 9.09% |
Fungible
Fungibility is an economic property of a good/asset. When something is considered to be “fungible” it is considered to be indistinguishable from other assets of its kind and generally interchangeable with its own kind. Fungible assets are fundamentally of the same classification & type.
examples of fungible goods:
– Currency Bills ($1 bill = any other $1 Bill)
– Gold Plates (pure untarnished 1kg plates)
– Vegetables ( 1 health tomato = any other healthy tomato
– Clothing (1 pair of black XYZ socks = another 1 pair of black XYZ socks)
Related Terms: