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    Cryptocurrencies Cover Protocol
    USD
    $17.9604 $ 17.9604
    +¥5204,24 20.7% 1D
    1D 1M 1Y ALL
    Updated:
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    Market Cap (USD)
    1.27M
    24H Volume
    564.42K
    Circulating Supply
    79.18K COVER
    Max Supply
    82K COVER
    All Time High
    1687.11
    Rank
    1699

    About

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    • About Cover Protocol (COVER)

      The 24 hour trading volume of Cover Protocol is $575,480. The all-time high price of Cover Protocol is $1,687.11 on Feb 17, 2021 (almost 2 years). The all-time low price of Cover Protocol is $8.40 on May 12, 2022 (7 months).
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    • Cover Protocol Market

      Currency Price 24H Change Action
      Cover Protocol
      COVER /USDT
      0X Margin
      $17.9604 +20.7% Trade
      Cover Protocol
      COVER /USDT
      Spot
      $17.9604 +20.7% Trade

    Cover Protocol FAQs

    • 1. What determines the price 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.

      HODLers 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.
    • 2. What is the highest price of Cover Protocol in history?
      Cover Protocol achieved the all-time high of $1687.11 in 2021-02-17, and is currently trading at $17.96.
    • 3. What is the lowest price of Cover Protocol in history?
      In 2022-05-12, Cover Protocol reached the all-time low of $8.40.
    • 4. Should I buy Cover Protocol now?
      It is important to remember that Cover Protocol, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

    Cover Protocol News

    News
    Announcements
    Daily News | Crypto Recovers Slightly As Speculations And Hopes Build Up In Asia

    Daily News | Crypto Recovers Slightly As Speculations And Hopes Build Up In Asia

    Fundamental & Technical Outlook: Macro 🥂 Good morning, today is Tuesday, Nov. 29, 2022. TL;DR 🔹 Bitcoin and Ether recovered slightly during the early hours of Tuesday, following the rallies of Hong Kong and China’s equity indices as investors anticipate th...
    Source: Gate.blog Posted: 2022-11-29
    Daily News | Crypto Mostly Flat Weekend Despite A Recovering Global Macro Outlook

    Daily News | Crypto Mostly Flat Weekend Despite A Recovering Global Macro Outlook

    Fundamental & Technical Outlook: Macro Good morning, today is Monday, Nov. 14, 2022. TL;DR 🔹 BTC & Ether’s correlations with US Dollar Index (DXY) are positive and rising, at the same time, inversely correlated with global equities, particularly the DAX and N...
    Source: Gate.blog Posted: 2022-11-14
    Missed XEN? Discover More Crypto Gems on Gate.io Startup

    Missed XEN? Discover More Crypto Gems on Gate.io Startup

    Crypto users can't stop chasing crypto gems, cryptocurrencies that are relatively unknown but have solid fundamentals and market potential. A notable example is XEN, a quietly launched crypto backed by a former OG Google employee. But, it can be hard to find good examples like this, and only a few p...
    Source: Gate.blog Posted: 2022-10-17
    More than $36 million of stolen money has been returned to Nomad Bridge_s fund recovery address

    More than $36 million of stolen money has been returned to Nomad Bridge_s fund recovery address

    [TL; DR] During the hack, many stablecoins were stolen from the bridge, including USDT, USDC, and Frax, and some of the transactions were done by white hat hackers who later pledged to refund the stolen funds. As part of its continuous attempt to rec...
    Source: Gate.blog Posted: 2022-08-22
    The Legal Framework Covering Cryptocurrency and Blockchain Technology in USA

    The Legal Framework Covering Cryptocurrency and Blockchain Technology in USA

    [TL; DR] The 118th Congress has established over 50 bills that lay the foundation for a cryptocurrency legal framework. The Central Bank Digital Currency Study Act of 2021 lays the groundwork for research on the possibilities the Central Bank Digital currency (CBDC) creates. The...
    Source: Gate.blog Posted: 2022-08-16
    Are These Signs That Crypto Is Recovering After Bloodbath

    Are These Signs That Crypto Is Recovering After Bloodbath

    [TL; DR] A Crypto bloodbath signifies a bad phase or period whereby the major crypto tokens are experiencing a rapid fall in price, and it is a prolonged and sudden bearish phase. Experts opine that the crypto market has spiraled into a bloodbath since the first week of Febru...
    Source: Gate.blog Posted: 2022-07-05
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