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Core price

Core priceCORE

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Price of Core today

The live price of Core is $1.12 per (CORE / USD) today with a current market cap of $1.04B USD. The 24-hour trading volume is $88.12M USD. CORE to USD price is updated in real time. Core is -4.50% in the last 24 hours. It has a circulating supply of 930,056,600 .

What is the highest price of CORE?

CORE has an all-time high (ATH) of $6.47, recorded on 2023-02-08.

What is the lowest price of CORE?

CORE has an all-time low (ATL) of $0.3432, recorded on 2023-11-03.
Calculate Core profit

Core price prediction

When is a good time to buy CORE? Should I buy or sell CORE now?

When deciding whether to buy or sell CORE, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CORE technical analysis can provide you with a reference for trading.
According to the CORE 4h technical analysis, the trading signal is Sell.
According to the CORE 1d technical analysis, the trading signal is Sell.
According to the CORE 1w technical analysis, the trading signal is Sell.

What will the price of CORE be in 2025?

Based on CORE's historical price performance prediction model, the price of CORE is projected to reach $1.18 in 2025.

What will the price of CORE be in 2030?

In 2030, the CORE price is expected to change by -14.00%. By the end of 2030, the CORE price is projected to reach $1.17, with a cumulative ROI of +4.00%.

Core price history (USD)

The price of Core is +100.42% over the last year. The highest price of CORE in USD in the last year was $4.29 and the lowest price of CORE in USD in the last year was $0.4585.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-4.50%$1.07$1.19
7d-18.32%$0.9776$1.42
30d+15.72%$0.9364$2.04
90d+6.92%$0.7617$2.04
1y+100.42%$0.4585$4.29
All-time-76.70%$0.3432(2023-11-03, 1 years ago )$6.47(2023-02-08, 1 years ago )

Core market information

Market cap
$1,037,321,157.84
-4.50%
Fully diluted market cap
$2,342,195,594.14
-4.50%
Volume (24h)
$88,117,721.39
-14.57%
Market rankings
Circulation rate
44.00%
24h volume / market cap
8.49%
Circulating supply
930,056,600 CORE
Total supply / Max supply
2.09B CORE
2.1B CORE
ICO price
$0.05574 ICO details
Buy Core now

Core ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Core (CORE)

What Is Core?

Core is a next-generation layer-one blockchain. The project employs a novel mechanism termed Satoshi Plus, developed to solve the blockchain trilemma, a technological challenge where a blockchain network can only achieve two out of three main features: security, scalability, and decentralization. Core’s innovative approach allows it to maintain optimal security and decentralization while achieving high scalability, making it a promising solution in the decentralized autonomous organizations (DAOs) and DeFi sectors.

Core’s mainnet, launched on January 14, 2023, has already processed millions of transactions, supporting smart contracts and a variety of decentralized apps (DApps). It aims to serve as the core of web3, integrating the best features of renowned blockchains like Bitcoin, Ethereum, Solana, and Polygon, and focusing on user-led governance, ensuring that the network is not structured around any single founder or developer, maintaining a high level of accessibility and decentralization. In April 2023, Core received a $50 million investment from Bitget - the world's leading centralized exchange.

Resources

Whitepaper: https://docs.coredao.org/core-white-paper-v1.0.5/

Official Website: https://www.coredao.org/

How Does Core Work?

Core operates on the patented Satoshi Plus consensus, a hybrid mechanism combining Proof of Work (PoW) and Delegated Proof of Stake (DPoS), allowing it to leverage the benefits of both Bitcoin's secure and Ethereum's scalable consensus mechanisms. This consensus ensures that each block added to the blockchain requires validation from a current CORE holder and computing power, creating a secure, reliable, and decentralized ledger.

Validators in the Core network are responsible for block production and transaction verification, and they are elected based on a combination of staked CORE tokens and hash power, ensuring a balanced and efficient mix of PoW and DPoS. This approach allows even small token holders to participate in network governance and transaction validation, enhancing the network's decentralization and scalability.

Core’s integration with Ethereum Virtual Machine (EVM) and 0x protocol ensures compatibility with Ethereum’s smart contracts and decentralized token exchange, respectively, providing users with flexibility, affordability, and accessibility. Core’s governance is managed by Core DAO, allowing community members to make proposals, vote on suggestions, and enact plans, ensuring a truly decentralized and user-led governance structure.

What Is CORE Token?

CORE is the native utility and governance token of the Core network, with a total supply of 2.1 billion tokens. It is used for paying transaction fees, staking in the Core network, and participating in the governance process of Core DAO. The token distribution is planned, focusing on fair distribution among users, contributors, node mining, reserves, treasury, and relayer rewards, avoiding centralization and ensuring wide community participation.

Core also implements a token burning model, similar to Ethereum’s, where a portion of the block rewards and transaction fees are burned, adding value to the token. The CORE token is available for trading on major crypto exchanges, allowing users to easily participate in the Core DAO ecosystem and benefit from its innovative technology.

Core's Impact on Finance

Core’s unique approach to solving the blockchain trilemma positions it as a significant player in the DeFi and blockchain sectors. Its user-led governance and innovative consensus mechanism can potentially set new standards in security, decentralization, and scalability, attracting attention from DeFi advocates and developers.

Core’s partnership with Bitget, one of the largest centralized exchanges, which involves a $50 million investment in Core DAO’s Ecosystem Fund, underscores its potential to bring decentralization to the masses and support the development of early-stage projects in the blockchain space. This collaboration aims to foster innovation, provide financial aid to potential projects, and support the listing of projects in the CORE ecosystem, allowing millions to participate in and benefit from Core DAO’s revolutionary technology.

What Determines Core's Price?

The price of Core, like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. Core's unique approach to blockchain technology, combining Proof of Work and Delegated Proof of Stake through its Satoshi Plus consensus, positions it as a notable entity in the cryptocurrency news, potentially impacting its price. The cryptocurrency price is often subject to market trends, regulatory developments, and the overall sentiment in the cryptocurrency community. Core's partnerships, technological advancements, and adoption rate, especially its collaboration with Bitget, a leading exchange, play a crucial role in its market valuation, making it a focal point for cryptocurrency analysis and discussions among cryptocurrency enthusiasts and experts.

Cryptocurrency price predictions for Core are inherently speculative, given the crypto market's volatility, and should be approached with caution. Investors looking to buy cryptocurrency, particularly Core, should consider various factors, including cryptocurrency security, risks, and the project’s long-term viability. Core’s price is also influenced by its tokenomics, including its supply and demand dynamics, token burning model, and distribution strategy, which are critical aspects in cryptocurrency charts and analysis. The availability of CORE on leading exchanges such as Bitget provides accessibility to a wider range of investors, potentially driving its demand and price.

For those pondering where to buy cryptocurrency like Core and whether it is a good investment, conducting thorough research, staying abreast with cryptocurrency news, and considering advice from cryptocurrency experts are paramount. Core’s innovative solutions to blockchain trilemma and its commitment to decentralization and security make it a noteworthy contender in the crypto space, potentially being the best crypto investment for 2023 and beyond. However, potential investors should employ sound cryptocurrency trading strategies, consider cryptocurrency tax implications, and manage their crypto portfolio effectively to navigate the complexities and volatilities of the cryptocurrency market.

Related Articles about Core

Bitget Makes a Salute to Satoshi’s Ideology Through $50M Commitment in Core DAO Ecosystem Fund

Core Social Data

In the last 24 hours, the social media sentiment score for Core was 4, and the social media sentiment towards Core price trend was Bullish. The overall Core social media score was 496, which ranks 144 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Core being mentioned with a frequency ratio of 0.01%, ranking 335 among all cryptocurrencies.

In the last 24 hours, there were a total of 496 unique users discussing Core, with a total of Core mentions of 140. However, compared to the previous 24-hour period, the number of unique users decrease by 11%, and the total number of mentions has increase by 180%.

On Twitter, there were a total of 2 tweets mentioning Core in the last 24 hours. Among them, 100% are bullish on Core, 0% are bearish on Core, and 0% are neutral on Core.

On Reddit, there were 2 posts mentioning Core in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 50% .

All social overview

Average sentiment (24h)
4
Social media score (24h)
496(#144)
Social contributors (24h)
496
-11%
Social media mentions (24h)
140(#335)
+180%
Social media dominance (24h)
0.01%
X
X posts (24h)
2
0%
X sentiment (24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score (24h)
0
Reddit posts (24h)
2
-50%
Reddit comments (24h)
0
0%

How to buy Core(CORE)

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Core (CORE)

Buy Core (CORE)

Use a variety of payment options to buy Core on Bitget. We'll show you how.

Trade CORE perpetual futures

After having successfully signed up on Bitget and purchased USDT or CORE tokens, you can start trading derivatives, including CORE futures and margin trading to increase your income.

The current price of CORE is $1.12, with a 24h price change of -4.50%. Traders can profit by either going long or short onCORE futures.

CORE futures trading guide

Join CORE copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or CORE tokens, you can also start copy trading by following elite traders.

Core news

Bitcoin is Not an Uncorrelated Asset
Bitcoin is Not an Uncorrelated Asset
Cointime2024-12-21 12:11
Ethereum to ramp up gas limit as Pectra progresses
Ethereum to ramp up gas limit as Pectra progresses

Progress on blob management and Devnet-5 sets the stage for Ethereum’s next hard fork

Blockworks2024-12-21 07:55
FED's Preliminary Inflation Data Announced, Bitcoin (BTC) Soared!
FED's Preliminary Inflation Data Announced, Bitcoin (BTC) Soared!

US preliminary inflation data was announced, Bitcoin started to rise.

Bitcoinsistemi2024-12-20 17:11
More Core updates

FAQ

Is Core DAO (CORE) a good investment?

ORE token is the native cryptocurrency of the Core DAO blockchain, which is designed as a foundation for the decentralized internet, Web 3.0. The Core DAO blockchain employs a unique consensus mechanism named "Satoshi Plus," combining features from both Proof of Work (PoW) and Delegated Proof of Stake (DPoS). This mechanism aims to ensure the blockchain's security, scalability, and decentralization. Furthermore, the blockchain is Turing-complete, compatible with the Ethereum Virtual Machine (EVM), and leverages the Bitcoin mining hashrate. The CORE token has shown significant price movement and interest on social media since its launch, and it’s listed on various reputable exchanges. However, determining whether it is a good investment involves a thorough analysis of various factors, including market trends, project development, regulatory environment, and individual risk tolerance.

What factors influence CORE token price?

Several factors can influence the CORE token price: The new consensus mechanism, Satoshi Plus, which is designed to ensure security, scalability, and decentralization. The supply of Core tokens is limited with a hard cap of 2.1 billion. A certain percentage of block rewards and transaction fees are burned, similar to Ethereum's "Ultra Sound Money" model, which can potentially influence the token's scarcity and value. The exact percentage to be burned is determined by the DAO, introducing a governance factor. The distribution of block rewards over an 81-year period might play a role in influencing its demand and supply dynamics, as this setup incentivizes network participants and compensates miners over an extended time frame.

What is use case of CORE token?

CORE tokens serve several functions: They play a role in the network's consensus mechanism by being a part of block rewards. They serve as compensation for miners. They are subject to burning as part of the network's economic model to maintain scarcity. They potentially have governance utility since the DAO determines specifics like the burning percentage.

How to Bridge to Core DAO?

Much like other blockchains, Core DAO features its own renowned swap platform where users can buy and sell tokens or projects launched on its chain—IceCreamSwap. IceCreamSwap stands as a reliable cross-chain DEX, fostering interoperability with the Core EVM blockchain. Renowned for its user-friendly interface and minimal fees for bridging to the network, it serves as a go-to platform for transactions on the CORE DAO chain. To get started on IceCreamSwap, follow these four straightforward steps: Connect Your Wallet: Navigate to IceCreamSwap and connect your MetaMask or another preferred wallet. Select Chains: Choose the chain you are bridging from (e.g., BNB Chain) and select Core DAO as your destination network. Choose Token and Amount: Select the token (e.g., USDC, USDT, or WETH) and the amount you wish to bridge. Specify Address and Send: Indicate the address to send the bridged tokens to (with an option to send to a different address), preview the transaction, and click 'Send.' The tokens will arrive in under 5 minutes. Once you've successfully bridged your tokens to the CORE DAO chain using IceCreamSwap, you can easily navigate to the swap section located in the left corner of the page to trade your favorite tokens/projects.

What are the fees to bridge to Core DAO?

The cost to bridge to Core DAO can fluctuate based on the originating network due to variations in gas and blockchain expenses that arise from the differing consensus mechanisms across blockchains. BNB Chain stands out as the most economical option for bridging, with the transfer of widely used tokens like USDC or USDT not exceeding $5. Moreover, the fees incurred during token swaps are generally low, and remarkably so when juxtaposed with those on other chains! At the current rate, where 1 Core is approximately 2 USD, one can execute dozens of transactions for just a few cents!

What makes Core DAO unique?

Some notable characteristics and functionalities of the CORE token include: Supply Cap: The CORE token has a hard cap of 2.1 billion, introducing scarcity to its economic model. Token Burning: A certain percentage of all block rewards and transaction fees are burned, a feature inspired by Ethereum's "Ultra Sound Money" model. The exact burning percentage is determined by the DAO. Block Rewards: The token has an 81-year block reward schedule to incentivize network participants and compensate miners. Trading: CORE token debuted with an initial price of $4.27 and experienced a significant price surge shortly after its launch. It is listed on several prominent exchanges, including Binance, OKX, MEXC, Huobi Global, and BitMart. Transfer and Airdrop: Holders and miners of CORE tokens can transfer them to supported cryptocurrency wallets, such as Metamask, and participate in airdrops. Its extremely long term outlook, as well as their dedicated focus on WEB - 3, makes this coin unique in its vision compared to other tokens that have similar features

What is the current price of Core?

The live price of Core is $1.12 per (CORE/USD) with a current market cap of $1,037,321,157.84 USD. Core's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Core's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Core?

Over the last 24 hours, the trading volume of Core is $88.12M.

What is the all-time high of Core?

The all-time high of Core is $6.47. This all-time high is highest price for Core since it was launched.

Can I buy Core on Bitget?

Yes, Core is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy CoreDAO guide.

Can I get a steady income from investing in Core?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Core with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Core (CORE)?

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Cryptocurrency investments, including buying Core online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Core, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Core purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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1 CORE = 1.12 USD
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CORE resources

Links
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BGUSER-DAXD09PX
BGUSER-DAXD09PX
6h
The Pulse of the Project: Assessing Community Size, Activity, and Sentiment In the decentralized wor
The Pulse of the Project: Assessing Community Size, Activity, and Sentiment In the decentralized world of cryptocurrencies and blockchain technology, a strong and engaged community is more than just an asset; it's the lifeblood of a project. This article delves into the critical aspects of assessing community size, analyzing its activity levels, and gauging overall sentiment towards a project. 1. Community Size: Beyond Raw Numbers While the sheer number of community members is a significant factor, it's crucial to consider the quality of those members. * Active vs. Passive Members: Distinguish between active participants who actively contribute to the community through discussions, feedback, and development, and passive members who are primarily observers. * Core vs. Peripheral Members: Identify the core group of dedicated members who are deeply invested in the project's success. This core group often plays a crucial role in driving community growth and fostering a positive environment. * Geographical Distribution: Analyze the geographical distribution of the community to understand its global reach and identify potential regional hubs of activity. 2. Community Activity: A Measure of Engagement Assessing community activity involves analyzing various metrics: * Social Media Engagement: Monitor activity on social media platforms like Twitter, Telegram, and Discord. Track metrics such as the number of followers, the frequency of posts, and the level of interaction (likes, comments, shares). * Forum Activity: Analyze activity on project forums and discussion boards. Track the number of threads, posts, and the quality of discussions. * Development Activity: Monitor contributions to open-source repositories, bug reports, and code reviews. This provides valuable insights into the level of technical engagement and community involvement in project development. * Event Participation: Track attendance and participation in community events such as meetups, conferences, and online AMAs. 3. Sentiment Analysis: Gauging Community Mood Understanding community sentiment is crucial for identifying potential issues, addressing concerns, and maintaining a positive and supportive environment. * Social Media Sentiment: Utilize sentiment analysis tools to analyze social media conversations and identify prevalent themes and emotions. * Forum Discussions: Carefully analyze forum discussions to identify areas of concern, gather feedback, and understand community expectations. * Surveys & Polls: Conduct regular surveys and polls to gauge community sentiment on specific issues and gather direct feedback. * Community Feedback Mechanisms: Establish clear channels for community members to provide feedback and suggestions, such as suggestion boxes, feedback forms, and dedicated support channels. Case Study: The Ethereum Community The Ethereum community serves as a prime example of a thriving and influential ecosystem. * Community Size: Ethereum boasts a massive and diverse global community, encompassing developers, researchers, investors, and enthusiasts. * Community Activity: The Ethereum community is highly active, with vibrant discussions on forums, social media, and development platforms. * Community Sentiment: While there are occasional debates and disagreements, the overall sentiment within the Ethereum community is generally positive and optimistic. Key Considerations for Building a Strong Community: * Active Community Management: Proactive community management is crucial for fostering a healthy and engaged community. This involves actively responding to inquiries, addressing concerns, and organizing community events. * Incentivizing Participation: Implement mechanisms to incentivize community participation, such as rewarding active contributors, organizing contests, and providing exclusive benefits to community members. * Transparency and Open Communication: Maintain transparency in all aspects of project development and communicate openly and honestly with the community. * Fostering a Sense of Belonging: Create a sense of belonging and shared purpose within the community by emphasizing shared values and celebrating collective achievements. Conclusion Assessing community size, activity, and sentiment is an ongoing process that requires continuous monitoring and analysis. By carefully evaluating these factors, project teams can gain valuable insights into community dynamics, identify potential areas for improvement, and ultimately strengthen their relationship with the community. Disclaimer: This article is for informational purposes only and does not constitute financial advice. I hope this comprehensive article provides valuable insights into the critical aspects of assessing community size, activity, and sentiment within the cryptocurrency and blockchain space.
SOCIAL+0.91%
SPACE+0.39%
BGUSER-DAXD09PX
BGUSER-DAXD09PX
6h
Decoding Tokenomics: A Deep Dive into Utility, Distribution, and Inflation/Deflation In the burgeoni
Decoding Tokenomics: A Deep Dive into Utility, Distribution, and Inflation/Deflation In the burgeoning world of cryptocurrencies and blockchain technology, understanding "tokenomics" is no longer a niche concern; it's fundamental. Tokenomics, a portmanteau of "token" and "economics," encompasses the economic principles governing a cryptocurrency or token. It delves into the core aspects of a token's utility, distribution, and the mechanisms that drive its inflation or deflation. This article aims to shed light on these critical elements, providing a comprehensive understanding of tokenomics. 1. Token Utility: The Backbone of Value At the heart of any successful cryptocurrency lies its utility. A token's utility defines its purpose within the ecosystem it serves. Broadly, token utilities can be categorized into: * Utility Tokens: These tokens provide direct access to a product or service within a specific ecosystem. For instance, the native token of a decentralized exchange (DEX) might be used to pay trading fees, participate in governance, or access exclusive features. * Governance Tokens: These tokens grant holders voting rights on key decisions related to the project's development and future. This fosters community involvement and empowers token holders to shape the project's trajectory. * Security Tokens: These tokens represent ownership in a real-world asset, such as real estate or equity in a company. They offer investors a way to participate in the growth and profitability of underlying assets. * Payment Tokens: These tokens facilitate peer-to-peer transactions, acting as a medium of exchange within a specific ecosystem or across multiple platforms. 2. Token Distribution: Ensuring Fair and Equitable Access The distribution of a token plays a pivotal role in its long-term success. A well-designed distribution model ensures equitable access, prevents excessive concentration of power, and fosters a healthy and vibrant community. Common distribution methods include: * Initial Coin Offerings (ICOs): A traditional method where tokens are sold to the public during a fundraising event. * Airdrops: Free distribution of tokens to a wider audience, often used to incentivize community growth and adoption. * Staking Rewards: Incentivizing token holders to contribute to the network's security by staking their tokens. * Team Allocation: Allocating a portion of tokens to the project's development team to incentivize their efforts. * Ecosystem Reserves: Setting aside a reserve of tokens for future development, marketing, and community initiatives. 3. Inflation/Deflation Mechanisms: Shaping the Token's Supply The mechanisms that govern a token's supply – inflation or deflation – have a profound impact on its value. * Inflationary Tokens: The supply of these tokens increases over time. This can be achieved through various mechanisms, such as mining rewards, staking rewards, or periodic token releases. While inflation can incentivize participation and network growth, excessive inflation can erode the token's value. * Deflationary Tokens: The supply of these tokens decreases over time. This is often achieved through "token burning," where a portion of the tokens is permanently removed from circulation. Deflationary mechanisms can create scarcity and potentially increase the token's value. Case Study: Ethereum Ethereum, a leading blockchain platform, provides a compelling example of tokenomics in action. * Utility: Ethereum's native token, Ether (ETH), serves as the fuel for executing smart contracts and transactions on the platform. * Distribution: ETH was initially distributed through an ICO and has since been expanded through mining and staking rewards. * Inflation/Deflation: Ethereum's transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has shifted its tokenomics towards a more deflationary model. Key Considerations for Evaluating Tokenomics: * Project's Long-Term Vision: Align the tokenomics with the project's long-term goals and roadmap. * Community Engagement: Foster a strong and engaged community through fair and equitable token distribution. * Sustainability: Ensure the tokenomics model is sustainable in the long run, avoiding excessive inflation or deflation. * Transparency: Maintain transparency in all aspects of tokenomics, including distribution, supply schedules, and governance mechanisms. Conclusion Understanding tokenomics is crucial for navigating the complex world of cryptocurrencies. By carefully analyzing a token's utility, distribution, and inflation/deflation mechanisms, investors can make informed decisions and participate in the growth of the blockchain ecosystem. Disclaimer: This article is for informational purposes only and does not constitute financial advice. I hope this comprehensive article provides a valuable understanding of the fundamental aspects of tokenomics.
FUEL-4.11%
CORE-2.44%
Leeena
Leeena
6h
My $SUI Trading Journey: Insights and Plans for 2025
2024 has been a remarkable year for trading $SUI, filled with both challenges and rewards. Starting at a low of $1.60 in early November, $SUI witnessed an explosive rally, closing the year above $4.55. The 180-day performance stands at an impressive +408.78%, making it one of the best-performing assets in my portfolio. My strategy revolved around analyzing market trends and leveraging technical indicators like moving averages (MA5 and MA10) for entry and exit points. The breakout in November was fueled by increasing volumes, and I capitalized on the bullish momentum, booking significant profits during the price surge to $4.91. However, not every trade was perfect. Volatility around key resistance levels led to some drawdowns, but careful risk management helped me limit losses. As I plan for 2025, my focus will remain on $SUI as a core asset, given its strong fundamentals and price potential. I aim to refine my approach by incorporating advanced technical tools and diversifying my portfolio to include more mid-cap and low-cap assets. Managing risk with trailing stop-losses and scaling into positions will be central to my strategy. This year was a testament to the power of preparation and adaptability. Here’s to achieving greater success in the coming year!
CORE-2.44%
ME-2.98%
BERLAIN_JON
BERLAIN_JON
7h
$HYPE Cryptocurrency: A Rising Star in the Future of DeFi
The cryptocurrency world is buzzing with excitement about HYPE, the native token of Hyperliquid, a high-performance blockchain designed to revolutionize decentralized finance (DeFi). With its advanced technology and rapid adoption, HYPE is gaining attention as a promising investment. This article explores the future potential of HYPE and its role in the evolving crypto market. 1. The Foundation of HYPE HYPE is built on Hyperliquid, a Layer-1 blockchain optimized for speed and scalability. Key features driving its potential include: High Throughput: Capable of handling up to 100,000 transactions per second, Hyperliquid positions itself as a leader in efficiency. Core Utility: HYPE functions as the ecosystem's gas token and staking asset, creating continuous demand. DeFi Integration: Hyperliquid's decentralized exchange (DEX) and upcoming features like liquidity pools and spot trading expand the token's use cases. These fundamentals set the stage for HYPE’s growth in the DeFi space. 2. HYPE’s Current Momentum The November 2024 airdrop, valued at $1.2 billion, marked a significant milestone for HYPE, sparking widespread interest. Since then: Rapid Price Growth: HYPE’s value surged 80% on its first trading day, and it has continued to gain traction. Market Presence: Trading volume and market capitalization have steadily increased, signaling strong investor confidence. This early success highlights HYPE’s ability to capture market attention and build a loyal user base. 3. Growth Drivers for the Future HYPE’s long-term success will depend on several factors: Ecosystem Expansion: As Hyperliquid introduces new features and partnerships, HYPE’s utility and adoption will grow. Institutional Interest: High-performance blockchains like Hyperliquid are attracting institutional players, which could boost HYPE’s value. Community Support: Active engagement and transparent updates from the development team will keep users invested in the project. 4. Future Price Outlook While predictions are speculative, current trends suggest the following scenarios: Short-Term (2024-2025): HYPE may continue its upward trajectory, testing resistance levels near $35-$50 as the ecosystem grows. Mid-Term (2025-2027): With increased adoption and use cases, HYPE could reach $75-$100, rivaling other top DeFi tokens. Long-Term (2028 and Beyond): If Hyperliquid achieves mass adoption, HYPE could break into the $150-$200 range, establishing itself as a top-tier cryptocurrency. 5. Challenges and Risks Like any crypto project, HYPE faces potential obstacles: Market Volatility: Crypto markets are unpredictable, and HYPE is no exception. Regulatory Uncertainty: Changes in crypto regulations could impact HYPE’s growth. Competition: Rivals like Ethereum, Solana, and Avalanche may pose challenges as they enhance their ecosystems. Despite these risks, HYPE’s strong foundation and innovative approach make it a resilient contender. 6. Investment Considerations For investors, HYPE offers both opportunity and risk. Here’s how to approach it: Diversify: Avoid overexposing your portfolio to HYPE; balance it with other assets. Stay Updated: Monitor developments in Hyperliquid’s ecosystem and broader market trends. Risk Management: Use stop-loss orders and allocate funds carefully to protect against downside risks. --- Conclusion HYPE cryptocurrency has emerged as a standout project with strong fundamentals and a promising roadmap. Its innovative technology, growing ecosystem, and market momentum suggest a bright future. While challenges remain, HYPE’s potential to become a leading DeFi token is undeniable. For those seeking exposure to the future of decentralized finance, HYPE is a project worth keeping on your radar.
SPACE+0.39%
CORE-2.44%
BERLAIN_JON
BERLAIN_JON
7h
Will $HYPE Cryptocurrency Dominate the Future of Decentralized Finance?
The cryptocurrency market has seen many projects rise and fall, but few have made as immediate an impact as HYPE. As the native token of Hyperliquid, a high-performance Layer-1 blockchain, HYPE is carving out its place in the decentralized finance (DeFi) ecosystem. With an innovative technology stack and ambitious goals, many are wondering: will HYPE become a dominant force in crypto’s future? Let’s dive into the potential trajectory. 1. HYPE’s Unique Value Proposition Hyperliquid sets itself apart in the competitive blockchain landscape through: Unmatched Performance: Capable of processing up to 100,000 transactions per second, Hyperliquid offers the speed and scalability essential for mass adoption. Core Utility: HYPE serves as the ecosystem’s gas token and staking asset, embedding its value deeply into the protocol's operation. Ecosystem Development: Plans to introduce spot trading, liquidity pools, and native token standards signal continued innovation. These features make HYPE more than just a speculative asset—it’s a cornerstone of a growing financial ecosystem. 2. Factors Driving HYPE’s Growth Adoption and Usage: HYPE’s role as both a gas and staking token ensures consistent demand as Hyperliquid attracts more users. Institutional Appeal: With its on-chain order book for perpetual trading, Hyperliquid could appeal to professional traders seeking efficiency and transparency. Community Engagement: Active community support and strategic marketing are fostering a loyal user base. The combination of technological robustness and user-centric growth strategies positions HYPE for sustained success. 3. Market Trends and Predictions HYPE’s initial performance has been stellar, but what lies ahead? Short-Term Outlook (2024-2025): Following the $1.2 billion airdrop and an 80% price surge, HYPE has stabilized near $28. As market enthusiasm and updates continue, HYPE could test the $40-$50 range in early 2025. Mid-Term Growth (2025-2027): With the rollout of new ecosystem features and increased adoption, HYPE could challenge established DeFi tokens, potentially reaching $75-$100. Long-Term Potential (2028 and Beyond): If Hyperliquid becomes a leading Layer-1 blockchain, HYPE could achieve exponential growth, rivaling top-tier cryptocurrencies like Ethereum or Solana. 4. Challenges Ahead Despite its promise, HYPE is not without risks: Market Volatility: Like all cryptocurrencies, HYPE’s price is susceptible to rapid fluctuations. Competition: Rival blockchains such as Solana, Avalanche, and Ethereum may challenge Hyperliquid’s market share. Regulatory Uncertainty: As governments scrutinize crypto markets, HYPE could face hurdles depending on regulatory developments. Navigating these challenges will require strategic innovation and consistent delivery on promises. 5. Investment Considerations Investors looking to enter the HYPE market should keep the following in mind: Risk Management: Allocate only a portion of your portfolio to HYPE and set stop-loss levels to limit potential losses. Research-Driven Decisions: Monitor Hyperliquid’s updates, community engagement, and competitor activity. Long-Term Perspective: HYPE’s true value may unfold over several years as its ecosystem matures. --- Conclusion HYPE cryptocurrency has emerged as a strong contender in the DeFi space, driven by Hyperliquid’s technological edge and expanding ecosystem. While risks remain, its fundamentals and growth potential make it a project worth watching. For those willing to embrace some volatility and take a long-term view, HYPE could offer substantial rewards as it continues to reshape the decentralized finance landscape.
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