$0.2101
Time period | Change amount | % Change |
---|---|---|
1H | $-- | -0.065% |
24H | $-- | -0.13% |
7D | $-0.03000 | -13.92% |
30D | $-0.1000 | -33.12% |
1Y | $+0.04000 | +25.07% |
91.99
Reliability Score
Rank #1
# 29
Percentile
TOP 5%
Covalent price today is $0.2101 with a 24-hour trading volume of $1.39 M, and as such Covalent has a market cap of $133.23 M, giving it a market dominance of 0.0085%. The Covalent price moved -0.1300% in the last 24 hours.
Covalent reached its highest price on 2021-08-14 when it was trading at its all-time high of $2.08, while its lowest price was recorded on 2022-08-01 when it was trading at its all-time low of $0.05193. The current lowest price since the last cycle high was $0.05193, and the highest price since the last cycle low was $2.08. The social sentiment of Covalent is currently Positive.
The current circulating supply of Covalent is $634.05 M CQT. In terms of market cap, Covalent is currently ranked 425.
There are two schools of thought in determining the price of Covalent.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Covalent, 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 Covalent 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 Covalent 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 Covalent 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 Covalent and the cryptocurrency market as a whole.
Next Unlock Events
Next Unlock Events
CQT 21.78M
(2.18% Total Supply)
$4.58 M
(3.44% Market Cap)
Unlock Rounds 4
3
D
2024/04/22
Unlock Rounds 4
3
D
2024/04/22
CQT 21.78M
(2.18% Total Supply)
$4.58 M
(3.44% Market Cap)
Vesting Info
Links to official documents
Allocations
Name | Total | Unlocked | Locked |
---|---|---|---|
Private Round 1 | 20% | 20% | -- |
Ecosystem | 20% | 13.88% | 6.12% |
Reserve | 19.49% | 14.62% | 4.87% |
Team | 14.36% | 8.54% | 5.82% |
Seed Round | 10% | 10% | -- |
Staking Rewards | 8% | 4.57% | 3.43% |
Private Round 2 | 3% | 3% | -- |
Advisors | 2% | 2% | -- |
Main Sale Option 3 | 1.1% | 1.1% | -- |
Main Sale Option 1 | 1% | 1% | -- |
Main Sale Option 2 | 1% | 1% | -- |
Vesting Info
Links to official documents
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-04-17 | $145.2 M | 4348.59 CQT | $0.2290 | N/A |
2024-04-16 | $132.8 M | 11707.83 CQT | $0.2094 | $0.2290 |
2024-04-15 | $146.44 M | 103596.44 CQT | $0.2310 | $0.2094 |
2024-04-14 | $145.22 M | 550652.59 CQT | $0.2290 | $0.2310 |
2024-04-13 | $132.25 M | 540921.5 CQT | $0.2086 | $0.2290 |
2024-04-12 | $144.88 M | 459680.5 CQT | $0.2285 | $0.2086 |