RabbitX

Halal Rating :
Questionable
Last Price $0.0087 Last updated:
Rank 1465
1D Change -6.86 %
Market Cap $5.25m
Circulating supply 602,996,052
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • DeFi
  • Derivatives
  • Ethereum Ecosystem
  • DEX
  • Multicoin Capital Portfolio
  • Blast Ecosystem

Overview and Purpose

RabbitX appears to be a recently launched cryptocurrency token. However, despite extensive research, I was unable to find reliable, current information about this token's specific purpose, utility, or technological infrastructure. The lack of verifiable information makes it impossible to conduct a thorough assessment of its intended and actual use cases.

Available Information

The limited publicly available data about RBX makes it challenging to evaluate key aspects such as: token distribution, development activity, real-world adoption, or the nature of its technology and revenue model.

Concerns

The absence of transparent, verifiable information about fundamental aspects of the project raises significant concerns. Without being able to verify basic details about the token's purpose, utility, and operational model, it becomes impossible to assess its compliance with Shariah principles.

Crypto Impact

To assign a comfort level investing in RabbitX from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to RabbitX.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.