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    Cover Protocol

    COVER

    Rank #4025

    $0.6550

    +0.15%
    24H Low$0.6540
    $0.655124H High
    24H Volume
    $123.22
    All-Time High(ATH)
    $1687.11
    All-Time Low(ATL)
    $0.08969
    Market Cap
    $51861
    Fully Diluted Valuation
    $53709
    Market Cap/FDV
    96.56%
    Circulating Supply
    79180 COVER
    Total Supply
    82000 COVER
    Max Supply
    82000 COVER
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Cover Protocol (COVER) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.0006550
    +0.10%
    24H
    $+0.0009825
    +0.15%
    7D
    $+0.05626
    +8.59%
    30D
    $+0.1494
    +22.81%
    1Y
    $-0.6278
    -95.85%

    Credibility Indicators

    62.40

    Reliability Score

    Rank #1

    # 3580

    Percentile

    TOP 30%

    Live Cover Protocol (COVER) Price Update

    Cover Protocol price today is $0.6550 with a 24-hour trading volume of $123.22, and as such Cover Protocol has a market cap of $51861, giving it a market dominance of 1.94%. The Cover Protocol price moved 0.1500% in the last 24 hours.

    Cover Protocol reached its highest price on 2021-02-17 when it was trading at its all-time high of $1687.11, while its lowest price was recorded on 2023-12-07 when it was trading at its all-time low of $0.08969. The current lowest price since the last cycle high was $0.08969, and the highest price since the last cycle low was $1687.11. The social sentiment of Cover Protocol is currently Positive.

    The current circulating supply of Cover Protocol is $79180 COVER. In terms of market cap, Cover Protocol is currently ranked 4025.

    About Cover Protocol (COVER)

    The cover protocol provides peer-to-peer coverage in place of tokens. It allows the market to set coverage prices rather than bond curves. Cover protocol can protect users from smart contract risks. By instilling trust and trust between the protocol and its users, it stabilizes the turbulent defi space. By bridging the gap between decentralized finance and traditional finance, cover protocol will open the door to defi for all investors. Cover protcol's long-term vision is to allow anyone to buy insurance for anything

    FAQs

    1. What determines the price movement of Cover Protocol?

    There are two schools of thought in determining the price of Cover Protocol.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Cover Protocol, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Cover Protocol from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Cover Protocol on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Cover Protocol as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Cover Protocol and the cryptocurrency market as a whole.

    Cover Protocol Tokenomics

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    Cover Protocol Analysis

    Cover Protocol (COVER) News

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