10+ Greenest Cryptos to Invest in

Bitcoin’s energy consumption has been in the limelight for a long time. Its energy-hogging proof-of-work protocol has come under scrutiny even from proponents of cryptocurrency such as Elon Musk. In recent years legislation began to be passed to ban forms of Bitcoin mining, most recently in New York.

That has allowed many “green cryptocurrencies” to emerge and take centre stage. Most green cryptos follow a proof-of-stake protocol and have proven to be as valuable – if not more so – as Bitcoin. They take an environmentally conscious approach and work towards increasing the crypto adoption rate. In this guide, we list and review the greenest cryptocurrencies to invest in this year. Read on as we review the best features of various green cryptos and how they could influence the cryptosphere for years to come.

10+ Greenest Cryptos to Invest in 2024 – Overview

Greenest Cryptocurrency of 2024 – Complete Reviews

Much of the newer crypto crowd and the old guards are now looking at sustainable cryptocurrencies as a viable investment. And their popularity goes far beyond being eco-friendly and consuming less energy – government regulations are also getting stringent about these assets.

These bodies were the first ones to question whether cryptocurrencies could harm the environment. It soon permeated the entire crypto space leading to the recent inclination towards greener crypto investments. With that in mind, here are the greenest cryptos to invest in 2024.

1. Smog ($SMOG) – Operates on Solana’s Energy Efficient Blockchain

In the ever-evolving world of Solana meme coins, SMOG has risen as a notable contender, aiming to replicate the success stories of its predecessors. With a remarkable $2 million market cap recorded on Jupiter, Solana’s decentralized exchange, SMOG is catching the attention of both enthusiasts and investors.

According to its whitepaper, SMOG claims its origin from the cosmic forge of Jupiter, presenting a narrative that adds a unique touch to its identity. The project boldly asserts itself as the most rewarding token on Solana, a claim supported by its swift ascent to a $2 million market cap within hours of listing on Jupiter.

SMOG’s fair launch mechanism ensures equal opportunities for all investors, differentiating itself from traditional presale models. This inclusive approach has contributed to its early success and the creation of a thriving community.

Looking into the tokenomics, SMOG mints a total supply of 1.4 billion tokens, strategically allocated to fuel the project’s growth. Notably, 50% of SMOG is dedicated to marketing efforts, aiming to raise awareness and drive widespread adoption. Another 35% is set aside for airdrops, incentivizing user participation and rewarding early adopters. Along with an impressive staking APY, it’s recent ETH bridge is another reason for investors to flock to invest in the project.

As excitement builds around SMOG’s ambitious “Greatest Airdrop in History,” the project aims to leverage this strategy to engage meme communities and solidify its presence in the market. Investors holding SMOG tokens not only stand to benefit from potential gains but also earn airdrop points, qualifying for bounties within the community.

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2. WienerAI ($WAI) – Green Meme Coin with AI Perks

While WienerAI may not immediately come to mind when thinking about environmentally friendly cryptocurrencies, its unique blend of AI technology and meme aesthetics offers a distinctive approach to sustainability in the crypto space. WienerAI’s commitment to creating a friendlier perception of artificial intelligence aligns with broader efforts to promote eco-consciousness and positive social impact.

WienerAI’s multi-stage presale structure, which prioritizes community engagement and ecosystem stability, reflects a proactive approach to sustainable development within the crypto industry. By allocating a portion of its token supply to staking and liquidity provision, WienerAI incentivizes long-term holding and discourages short-term speculation, contributing to a more sustainable investment model.

WienerAI’s roadmap includes plans for expansion and the introduction of AI-driven applications, which could potentially have positive implications for environmental sustainability. As the project evolves, it may explore innovative ways to leverage AI technology for environmental monitoring, conservation efforts, or other eco-friendly initiatives.

While WienerAI may not be traditionally classified as a “green” cryptocurrency, its commitment to fostering a positive narrative around AI and meme aesthetics could contribute to a more sustainable and inclusive crypto ecosystem. 

As investors seek out environmentally friendly investment opportunities, WienerAI’s unique blend of technology and community engagement may offer an intriguing option for those looking to align their investments with their values.

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3. Slothana ($SLOTH) – Viral Crypto On the Solana Blockchain 

Slothana (SLOTH) is the greenest crypto on th Solana blockchain. However, the reason it is counted as a green asset is because of the chain itself. Limited in fundamentals but high on the viral factor, Slothana is a meme coin that stays true to its ethos of being a meme asset.

The fun factor is high with this meme coin, and the promises of gains are there. However, instead of enticing people with promises that often aren’t real, it is giving off an honest vibe. With an image portraying a Sloth sitting on an office table contemplating leaving his day job in pursuit of happiness within the crypto realm, it seeks to become a $420 million market cap crypto in the coming days.

Much like most meme coins, Slothana has a mysterious feel. Talk of tokenomics is non-existence, and neither a discussion about its makers is prevalent. Even though these facets may make many consider it a new rug pull, our reports say that it is a real asset whose goals are wealth-oriented.

Slothana is an asset whose emergence reminds us of simpler times when the bullish wave could push even seemingly joke assets to the top of the price charts. Being active on the Solana blockchain gives it some green qualities, too. Therefore for eco-friendly crypto seekers looking for a lot of gains within a limited time. Slothana is the right project to get behind.

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4. Bitcoin Minetrix – Green Crypto Revolutionizing Bitcoin Mining

Bitcoin Minetrix is a green crypto project that seeks to reform and revitalize Bitcoin mining with a novel stake-to-mining mechanism. The platform has developed a tokenized cloud mining environment to lower entry barriers, improve security, and eliminate upfront payments. 

Cloud mining tokenization helps Bitcoin Minetrix users obliterate the need for purchasing cash contracts from mining companies. Users can forego significant hardware investments and hefty electricity costs while leaving the task of upgrading to mining companies.

The Bitcoin Minetrix whitepaper suggests that users can obtain cloud mining credits by purchasing and staking BTCMTX coins. This decentralized approach promotes a safe and open mining environment while defending users’ rights. The tokens must be burned to trade them for mining time or revenue sharing because they are not tradable.

The soft cap goal for the Bitcoin Minetrix presale is just over $15 million. The coin raised over $100,000 within a day of its presale announcement, illustrating its tremendous growth potential. Investors seeking the greenest crypto projects in 2024 must immediately consider participating in the Bitcoin Minetrix presale.

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5. Sponge V2 ($SPONGEV2) – Green Memecoin on the Ethereum Blockchain 

Sponge V2 is our pick as one of the greenest memecoins to have arrived in 2024. The token’s quirky background, unique fundamentals, and origins on Ethereum make it a fun green crypto to get behind.

Called the “bigger and better” version of Sponge V1, Sponge V2 is a bridge accessible only through staking. Getting this token requires staking Sponge V1 tokens. Long-term holders will also get access to bonus rewards.

P2E mechanics is another attribute that this green cryptocurrency project is diving into. The game is supposed to be available as both free and P2E versions, which will help investors earn more Sponge V2 tokens and bolster the Sponge V2 adoption rate in the Web 2 space.

Sponge, or Sponge V1, was merely a short-term memecoin once. But with Sponge V2, it is venturing into a utility-focused and green territory. Those wanting a greener alternative to Dogecoin that has more use cases to boot will find Sponge V2 a worthy investment.

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6. 5th Scape (5SCAPE) – Greenest Gaming Crypto of 2024

5th Scape emerged as a beacon of innovation in the green crypto space, offering investors a unique opportunity to merge sustainability with immersive gaming experiences. Positioned as the top VR token for investment, 5th Scape redefines gaming through its integration of blockchain technology with high-octane VR gaming.

Step into a world of unparalleled gaming experiences as 5th Scape introduces a diverse array of games designed to deliver immersive thrills. Leading the pack is “Cage Conquest,” a multiplayer mixed martial arts-themed game that promises to take players on a champion’s journey, setting the stage for adrenaline-fueled battles.

Beyond mere entertainment, 5th Scape envisions a future where gaming transcends boundaries, offering users heightened experiences that redefine the gaming landscape. With a focus on sustainability and innovation, the project stands poised to revolutionize the way we engage with virtual environments.

Driving 5th Scape’s potential is its robust tokenomics, which offer investors compelling staking opportunities alongside a plethora of benefits. Stakers not only enjoy free lifetime access to 5th Scape but also gain exclusive in-game advantages and early access to new features and games.

For those seeking to invest in the future of gaming from the ground up, 5th Scape’s presale presents an enticing opportunity. With the current price set at $0.00187, investors are urged to act swiftly as prices are expected to rise throughout the campaign. Don’t miss your chance to be a part of the greenest revolution in gaming with 5th Scape.

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7. eTukTuk (TUK) – Crypto Powering TukTuk Vehicles with Green Energy Solutions

Developing nations are facing issues related to sustainability today, and eTukTuk is providing the right jump-off point for them toward a more eco-friendly future – by turning Tuk Tuks into electric-powered vehicles.

eTukTuk is the world’s first automotive project built on the Cardano blockchain – and is aiming to herald a new age of sustainable transportation for everyone. Developed in Sri Lanka, Colombo, eTukTuk is the first solution that caters to “public transportation,” making taking green measures even easier. And not only that, it aims to provide more affordable fueling solutions, considering the costs of fossil fuels have been skyrocketing due to rampant sustainability issues.

At the core of this green blockchain solution is the new green transportation vehicle – the eTukTuk EV. Created using more sustainable materials than its traditional counterpart, this vehicle features a roll cage design (patented). And forming the backbone of these vehicles will be charging stations that will be set up by the network after fostering relationships with territory partners.

The eTukTuk ecosystem will be powered by the crypto known as TUK. TUK is an ERC-20 asset with a total supply of 2 billion. After the launch of the project, it will follow a reduced inflationary path over a 15-year period, during which TUK will be distributed among stakers. 12.5% of the total supply of this token will be dedicated to the presale, and 7.5% of the total supply will be saved for the private sale.

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8. Chia (XCH): A Green Crypto focusing on low energy consumption

Chia is another cryptocurrency that has made all the greenways in the greenest crypto space. It follows an eco-friendly consensus mechanism which is not necessarily Proof-of-Stake. It is Proof of Spacetime, designed to be sustainable and energy efficient from the get-go.

The root of this consensus approach comes from how this cryptocurrency is stored. Instead of focusing on mining, the chia blockchain is stored in the hard drives of those connected to the network. Basically, users reserve 100 GB “plots” on their hard drives, filling them with hashes. On the creation of the new block, the new hash gets compared to the hashes that are already on this blog. Then the block with the hash that matches the new block wins and earns rewards in the form of XCH tokens.

This unique approach to storage has made Chia one of the most energy-efficient cryptocurrencies, as it only consumes 0.16% of Bitcoin’s energy consumption. You can take a peek at the project’s official whitepaper to learn more about how this cryptocurrency is trying to make the world better and greener.

Overall, our experts like the unique consensus mechanism of this project and can’t wait to see what it delivers. Keep an eye on this one if you have the same mindset.

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9. Ethereum (ETH): Oldest coin that has recently adopted POS consensus mechanism

The road to becoming green crypto has been long for Ethereum. When Ethereum announced the shift to Proof of Stake at the beginning of 2024, the crowd was divided. Some thought it was the betrayal of the old blockchain and would take away the earnings many. However, most were bullish about this transition as they had been waiting for it to happen for so long.

The road to the Merge, however, was anything but a straight line. From broken launches to bugs to other accidents, nothing was going as planned for Ethereum when it first started on this green path. And the impact on the market was bad. However, the ETH devs still persevered and, in September 2024, made a complete shift to the Proof of Stake consensus mechanism.

This “radical” upgrade has reduced Ethereum’s energy consumption by 99.95%, leading to fewer C02 emissions. It is one of the oldest cryptos that has now gone green. And since the NFTs are back in action after the bear market slump, we have more than a few reasons to be excited about this cryptocurrency.

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10. Polygon (MATIC): One of the earliest green cryptos to emerge

Polygon is one of the earliest cryptocurrencies that took the green approach. Old Ethereum’s high energy consumption veered Polygon (MATIC) into a new direction, making it not only one of the greenest cryptos of 2024 but also future-proof.

It follows along the same lines as other green crypto assets. It also has a Proof-of-Stake consensus mechanism in which the validators only consume 0.00079 TWh of annual electricity. Compared to Bitcoin, which consumes a whopping 34 to 40 Terra Watt Hour, we can assume why green cryptocurrency enthusiasts have favored Polygon.

While Polygon has been green crypto since its inception, it only took the stands towards addressing it in 2024 with its “Green Manifesto”. Dubbing it “A Smart Contract with Planet Earth”, Polygon declared that it would be going carbon-negative in 2024. It meant all the NFTs minted and the DeFi trade conducted on the platform had their environmental impact offset.

With that aim, Polygon developers launched $20 million for this purpose. Polygon plans to move forward with this goal by buying Carbon credits and retiring them. But Polygon is not alone in this. Making environmentally conscious decisions must be a group effort. That is why Polygon has taken steps to partner with other industries to help them offset their carbon footprint.

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11. Algorand (ALGO): Blockchain that Buys Carbon Credits Regularly

Algorand is one of the greenest cryptos to come out this year, with a peer-reviewed blockchain to back it up. Silvio Micali, a Turing Award-winning professor, designed it to solve the blockchain dilemma while ensuring that this cryptocurrency stays green.

The official website reads it as the most powerful and sustainable blockchain – the first to achieve scalability, decentralization, and security without compromising sustainability.

Algorand has been one of the most favored blockchains for dApp developers because of its multiple-language support. Taking an inclusive approach, Algorand supports Python, Go, Java, and JavaScript. Doing so has removed barriers that stopped many from adopting blockchain technology.

Algorand emphasizes sustainability leadership. It is far more energy efficient than most blockchains currently available in the market and is going a step further to offsetting its small carbon footprint by partnering with ClimateTrade.

Besides its ecologically-friendly nature, Algorand is also known for its robust dapp tutorial. The guides are easy to understand for any programmer diving into decentralization application development for the first time. Another reason to be bullish about Algorand is its recent Protocol upgrade which is set to increase the transaction speeds by 5x and decrease the round times to less than four seconds.

Overall, Algorand is great green crypto that focuses on ecological balance while not compromising the quality of the blockchain tech. Taking a green-crypto mining stand, this transparent and scalable cryptocurrency is one that you must always watch out for.

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12. Stellar (XLM): A decentralized payments network with a focus on low energy consumption

Now we begin the final five green cryptos of this crypto. Stellar is a decentralized payments platform that aims to streamline money transfers and cross-border payments and make them accessible to everyone.

Founded by one of the oldest Ripple team members, Stellar Lumens have received backing from Stripe, an Irish-American financial services software company and one of the biggest payment solutions providers in the world. Stellar’s unique architecture allows it to process any payment within five seconds at an extremely low fee.

Stellar Lumens follows the “Proof-of-Agreement” consensus mechanism, leading it to consume roughly 216,435-kilowatt hours per year. In order to offset this amount, In order to offset the carbon footprint it has obtained since 2015, Stellar Development Foundation has implemented a new method to measure the environmental impact of blockchain technology.

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13. Nano: A crypto providing a sustainable solution to money

Nano is an eco-friendly mobile payment solution that doesn’t rely on mining, printing, or minting. This feeless digital currency can be used for national and international payment and is set to revolutionize how payment systems work within the blockchain.

“Digital money shouldn’t cost the Earth” – is the philosophy Nano has embraced and thus uses a uses unique voting system to operate, known as Open Representative Consensus Mechanism. Under this system, there is no mining requirement, and the crypto asset consumes less energy.

Originally launched in 2014 under the name RaiBlocks, Nano has a DAG (Direct-acyclic Graph) architecture. It allows Nano to have a small infrastructural footprint, with only a few hundred machines needed to power the network. The energy usage of a single nano transaction is nearly 0.11 KWH, which far surpasses many others on this list.

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14. Bitgreen: Aims to be a Greener Bitcoin

You can think of Bitgreen as crypto with an environmentally conscious spin on Bitcoin. The official website reads that Bitgreen aims to combine blockchain technology with green innovation to drive capital toward sustainability initiatives.

Open and permissionless, Bitgreen is a blockchain designed for NGOs and ESG (Environmental, Social, and Green). When it comes to crypto dedicated to the betterment of the world, Bitgreen is to be counted as one of them.

The main aim of Bitgreen crypto is to raise $1 trillion within the next ten years to fund the world’s best sustainability projects. Bitgreen also aims to transparently purchase, create and finance carbon credits and send the benefits to non-governmental organizations focusing on environmental sustainability. Bitgreen is one of the lesser-known cryptos on this list but has fundamentals that focus on ecological balance, which many crypto players can appreciate during the current ecosystem.

15. Solana: Highly Scalable Green Cryptocurrency

Solana is a highly scalable cryptocurrency known for its unique Proof-of-History algorithm consensus mechanism. While similar to Proof of Stake in many ways, it is much faster and capable of reaching 50,000 TPS, with the average transaction cost being $0.00025.

Solana was originally envisioned as another Ethereum-killer, much like Cardano. However, it has carved its niche within the NFT space. That said, it is Solana’s energy consumption that has gotten the most attention from the crypto space. One Solana transaction takes 3,290 Joules, slightly higher than the energy it takes to complete one google search (1,080 joules), making it one of the greenest cryptos right now.

Solana became carbon-neutral crypto in 2021 and wants to do the same this year. It has taken one step toward this goal by funding refrigeration destruction – a movement that states that the destruction of refrigerators and air conditioners is better than recycling them for the sake of the environment.

Another step by Solana to become Carbon neutral this year is the partnership with Watershed. There are more developments on the way, and we will likely see more sustainability news by Solana on Twitter.

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16. Celo (CELO): Blockchain hosting eco-friendly dApps

The last one on our list of CELO, an open-source blockchain with two native tokens, one standard crypto and another a Stablecoin. Designed to be used on smartphones, CELO is one of the most innovative green projects of 2024. It is also compatible with EVM, allowing developers to develop dApps easily.

CELO hasn’t made a lot of rounds in the crypto charts – making it one of the most undervalued tokens this year, considering it is a carbon-negative blockchain

This green initiative started back in 2020 when CELO was first introduced. In 2021, the community behind CELO allocated .5% of the Celo reserve to a carbon-credit asset known as MCO2. Later the same year, CELO became the first crypto to tokenize carbon assets through Climate Collective, a community of Web3 companies working towards a sustainable future for crypto assets.

It offset sits carbon emission through Project Ren. So far, this mobile-first DeFi platform has offset 3,362 tons of Carbon – making one one the greenest cryptos in the market.

It features cross-chain interoperability, phone number mapping, and low gas fees and follows a Proof-of-stake consensus mechanism.

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What is a Green Cryptocurrency?

A green cryptocurrency can be defined as any crypto asset with green goals to reach carbon neutrality in some shape or form. These cryptocurrencies consume less energy and contribute to removing or reducing CO2 emissions across the globe.

The concept of “green” crypto emerged as soon as details emerged of Bitcoin’s energy consumption. It put the entire idea of crypto mining under scrutiny as reports started to appear that BTC consumes as much energy as a small country.

That led to the emergence of Proof-of-Stake cryptos that, instead, focused on minting, not mining. Now, we have seen the emergence of many other consensus mechanisms that have fine-tuned proof of stake and have become something new.

That said, adopting a mechanism is not enough. As you can see from the list, most of the green cryptos we have listed have gone one step further to reduce their carbon footprint. They are buying and retiring carbon credits to offset their emissions for the environment’s sake. Projects such as Bitcoin Minetrix and Bitgreen have gone one step further and are using the funds to motivate people to make greener choices actively.

Simply put, green cryptocurrency has realized the costs of minting and mining and is trying to do everything it can to put get its carbon emissions under control.

What is the importance of Green Crypto?

Global warming is a rising concern, and every industry is doing its part to reduce C02 emissions. The crypto ecosystem, one of the major energy consumers in tech sectors, needs to take a greener approach for the following reasons.

ESG-Friendly Face attracts Investors

Most venture capitalists have gone environmentally conscious, so much so that they are doing everything they can to stop others from stopping the environment. For instance, Bill Gates, the ex-Chair of Microsoft, has bought 270,000 acres of farmland in America to focus on Agri-tech to make veganism more accessible to the world.

Investors like him are focusing on green cryptocurrencies to buy. And the presence of such crypto assets has continued to attract their interest.

Slowing Down the Progress of Global Warming

Global warming is growing at a rapid pace. NASA reports say that the oceans are getting warmer, and glacial meltdowns are common. CO2, being the primary reason behind global warming, needs to be reduced.

That’s where the carbon credits and carbon-negative crypto projects come in. They are working towards reducing CO2 emissions by adopting a low-energy consumption technology and buying carbon credits.

Greenest Cryptos are Regarded Highly

Mainstream media loves to talk about projects that can have a positive impact on the world. And green cryptos are one of them. The media has the power to change people’s perceptions about a certain asset. If that perception is positive, the crypto has the potential to grow; if it is negative, it might not see the light of day.

The power of media can be seen looking at the negative reception Bitcoin has started to get. While many are still behind the world’s oldest cryptocurrency, others are dumping it, which might be one of the main reasons Bitcoin finds it hard to stay above the $20k level.

Long story short, green crypto gets positive media attention which can direct the crowd’s attention which then leads to positive speculation. Cryptocurrency is a speculative asset and can increase in value if the talks going on about it are positive.

Better Use-Cases for cryptocurrencies

The bear market was a wake-up call for many, and the world started clamoring for better use cases for their cryptocurrencies.

Many investors and traders are no longer satisfied with associating with a project just because of its marketability; they want it to have utility.

How to Find the Greenest Cryptos

Green cryptos are the hottest cryptos to invest in now, not just for the environment. The interest of the crypto crowd and the venture capitalists are prepping some cryptos to make big gains in the future. However, you must find the right crypto to invest in at the right time to maximize your profits. Here are the well-known strategies to use to find green cryptos.

Use Social Media

From Reddit to Tiktok, there is no space where you won’t hear anything about cryptocurrencies. Many of these places are now talking about cryptocurrencies that focus on sustainability. Such projects often get the most views and the most engagement. So, search for green crypto assets online across social media platforms.

Crypto YouTubers are one useful source of information. Below is Jacob Crypto Bury covering the greenest cryptocurrency tokens to buy today:

Watch out for Major Upgrades in your Favourite Crypto assets

Even if some cryptos are not green right now, they are adopting greener protocols and strategies to take a more sustainable route. The recent was Ethereum’s merge upgrade. People found out about it first on Twitter. Therefore, keep an eye on the upgrades to learn about the cryptocurrencies you want as your next investment.

Keep a Sharp-eye on Roadmaps and Whitepapers

Roadmaps and whitepapers tell you everything you need to know about the future of a particular asset. Read them closely, and you will find how far the developers are willing to take the crypto assets. Focus on energy consumption and other terms to check their consensus mechanisms and energy consumption. The more you read, the more you will get an idea about the project’s impact on the environment and help you discern the greenest cryptos among them.

Keep Tabs on the Latest Tech in the Blockchain Sector

Blockchain, as a whole, is now adopting greener technologies. Newer crypto assets are proof of that. Therefore, it is necessary to keep tabs on the developments within the blockchain industry and see how far it has come as far as the environment is concerned.

Greenest Cryptos to Invest In – Conclusion

You now have an in-depth look into the greenest cryptos that have taken an environmentally conscious stance towards their technology and are working everything in their power to reduce the C02 emissions in the environment.

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