Covalent (CQT) price has declined today.
The price of Covalent (CQT) is $0.243718 today with a 24-hour trading volume of $1,373,746.44. This represents a -5.70% price decline in the last 24 hours and a 24.70% price increase in the past 7 days. With a circulating supply of 630 Million CQT, Covalent is valued at a market cap of $152,207,945.
What is Covalent?
Covalent is a blockchain data provider for data points such as transactions, wallet balance, NFTs, DeFi data, and more through an API.
In a single unified API interface, developers will be able to obtain data not just from the Ethereum blockchain, but other blockchains as well such as BSC, Polygon, Avalanche, Fantom, Moonbeam, and more.
The project is backed by investors such as Woodstock Fund, 1kx Capital and Mechanism Capital, Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures, and other ecosystem partners. A public sale round on CoinList was held and a successful $10 million in funding was closed.
What is CQT?
CQT is the governance token for Covalent in which token holders can vote on proposals to change the system parameters. It will also be used as a staking asset.
Who are the founders of Covalent?
Covalent was founded by Ganesh Swami (CEO) and Levi Aul (CTO). Both came from data scientists background with experience building large scale database.
Where can you buy Covalent?
CQT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Covalent is Gate.io, where the most active trading pair CQT/USDT has a trading volume of $211,625.56 in the last 24 hours. Other popular options include OKX and Sushiswap.
What is the daily trading volume of Covalent (CQT)?
The trading volume of Covalent (CQT) is $1,358,302.94 in the last 24 hours, representing a -10.00% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Covalent (CQT)?
The highest price paid for Covalent (CQT) is $2.08, which was recorded on Aug 14, 2021 (over 2 years). Comparatively, the current price is -88.30% lower than the all-time high price.
What is the all-time low for Covalent (CQT)?
The lowest price paid for Covalent (CQT) is $0.051932263822, which was recorded on Aug 01, 2022 (over 1 year). Comparatively, the current price is 369.40% higher than the all-time low price.
What is the market cap of Covalent (CQT)?
Market capitalization of Covalent (CQT) is $152,207,945 and is ranked #258 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CQT tokens (630 Million tokens are tradable on the market today).
What is the fully diluted valuation of Covalent (CQT)?
The fully diluted valuation (FDV) of Covalent (CQT) is $243,512,655. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion CQT tokens are in circulation today. Depending on how the emission schedule of CQT tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Covalent compare against its peers?
With a price increase of 24.60% in the last 7 days, Covalent (CQT) is outperforming the global cryptocurrency market which is up 10.80%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
What is the market sentiment of Covalent today?
The community is bullish as more than 85% of users are feeling good about Covalent (CQT) today.
How to add Covalent (CQT) to MetaMask?
Adding Covalent (CQT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CQT as a token. You can copy CQT’s contract address (0xd417144312dbf50465b1c641d016962017ef6240) and import it manually, or if you've installed MetaMask's chrome extension, add CQT to MetaMask with one click on CoinGecko.
Add CQT to MetaMask.