$0.064
-2.69%
$0.062
24h Range
$0.065
Market Cap
$61,816,130.4
Fully Diluted Valuation
$64,032,884.8
24 Hour Trading Vol
$3,188,961.5
Circulating Supply
965,381,000.0
Total Supply
1,000,000,000.0
Max Supply
1,000,000,000.0
Covalent X Token Price
$0.064
24h Range
$0.062 - $0.065
Percent Change 1h
0.53%
Percent Change 24h
-2.69%
Percent Change 7d
17.07%
All-time high
$0.263
All-time low
$0.046
1D
7D
1M
1Y
All
Covalent X Token (CXT) is a utility token designed to enhance the functionality of the Covalent Network, which specializes in providing a comprehensive data layer for blockchain applications. Launched in 2024, CXT enables users to access a plethora of services, such as querying blockchain data seamlessly across various chains. With a focus on interoperability, CXT aims to empower developers and businesses by simplifying data retrieval and management, thus fostering greater adoption of blockchain technology. The total supply of CXT is capped at 1 billion tokens, with a significant portion allocated to community incentives, development, and ecosystem growth.
The Covalent X Token was founded by a team of experienced blockchain professionals and entrepreneurs. Among the key figures are Ganesh Swami, who has a background in data engineering and has previously worked with major tech companies; and Aakanksha Kher, who brings extensive experience in product development and blockchain solutions. Together, they founded Covalent with the vision of making blockchain data universally accessible and usable, addressing the challenges developers face when interacting with multiple blockchain networks.
Covalent X Token operates on a unique architecture that aggregates data from various blockchain networks into a single, easy-to-use interface. Utilizing APIs, CXT allows developers to access detailed blockchain information without needing to interact with each blockchain directly. The token serves multiple purposes within the ecosystem, including:
This architecture not only simplifies data access but also promotes a decentralized model where users can contribute to the network's growth and integrity.
Covalent X Token has several key use cases that highlight its value in the blockchain ecosystem:
Keeping your Covalent X Tokens safe involves several best practices common to cryptocurrency security:
By following these security practices, users can significantly reduce the risk of losing their Covalent X Tokens and ensure a safer crypto experience.
Investing in Covalent X Token (CXT) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Covalent X Token: Once your account is funded, you can purchase Covalent X Token directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Covalent X Token using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Covalent X Token (CXT) is currently trading at $0.064 and exhibits good potential for future growth. Check the latest Covalent X Token (CXT) price prediction.
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