Coreum (CORE) Overview
Coreum (CORE) is a cryptocurrency token that functions within its native blockchain ecosystem. Designed to support smart contracts and decentralized applications, Coreum aims to provide a robust and scalable infrastructure for developers and users. Like other digital assets, its market value fluctuates based on supply, demand, and broader market trends.
Coreum Price and Market Performance
As of the latest data, the live price of Coreum (CORE) is approximately $0.117. The token's value has experienced fluctuations within the last 24 hours, reaching a high of $0.1208 and a low of $0.1078. These movements reflect the dynamic and volatile nature of the cryptocurrency market.
Market capitalization is a key metric representing the total value of all circulating tokens. Coreum's fully diluted market cap is estimated at $58,500,000, assuming all 500 million tokens are in circulation. The 24-hour trading volume is around $740,599, indicating the level of trader interest and liquidity.
Detailed Price Statistics
Understanding price statistics helps investors gauge market sentiment and token performance:
- Price Change (24h): -3.07% ($-0.00370)
- Trading Volume (24h): $740,599
- Volume/Market Cap (24h): 1.27%
- 7-Day Low/High: $0.1078 / $0.1297
- 30-Day Low/High: $0.1078 / $0.1387
- 90-Day Low/High: $0.0634 / $0.1913
- 52-Week Low/High: $0.0546 / $0.3851
These figures show both short-term volatility and longer-term price trends, which are critical for comprehensive analysis.
Tokenomics and Supply Details
Coreum has a fixed maximum supply of 500,000,000 CORE tokens. This capped supply can influence its scarcity and potential value over time, depending on adoption rates and network usage. The token is not mineable, meaning new tokens are not created through proof-of-work mining.
How to Analyze Coreum's Investment Potential
Evaluating any cryptocurrency requires a structured approach. Consider the following factors:
- Project Fundamentals: Review the Coreum whitepaper, development roadmap, and use cases.
- Team and Community: Assess the experience of the core team and the engagement levels of the community.
- Market Position: Analyze competitors and unique value propositions.
- Token Utility: Understand how the token is used within its ecosystem—for transactions, governance, or staking.
Investing in cryptocurrencies involves significant risk due to market volatility. Always conduct thorough research and consider consulting financial advisors. For those interested in tracking real-time data and trends, 👉 explore advanced market analysis tools that provide detailed insights.
Where to Buy Coreum (CORE) Tokens
Coreum tokens are available on several centralized (CEX) and decentralized (DEX) cryptocurrency exchanges. Prospective buyers should choose platforms based on security, fees, liquidity, and geographic availability. Always verify the official contract addresses to avoid fraudulent tokens.
Once you acquire CORE, store it securely in a compatible cryptocurrency wallet. Options include hardware wallets for maximum security or software wallets for convenience.
Frequently Asked Questions
What is the current price of Coreum (CORE)?
The Coreum price is dynamic. At the time of writing, it is around $0.117 USD. Prices update continuously due to market activity, so check reliable data sources for real-time values.
Is Coreum a good long-term investment?
Long-term investment potential depends on technology adoption, market conditions, and project development. Coreum has features supporting smart contracts, but its future value is uncertain. Diversify investments and only risk what you can afford to lose.
Can I stake Coreum to earn rewards?
Some platforms offer staking opportunities for proof-of-stake tokens. If Coreum supports staking, you could earn rewards by participating in network security. Check official sources for current staking options and annual yields.
How do I stay updated on Coreum news and updates?
Follow official Coreum social media channels, join community forums, and subscribe to cryptocurrency news platforms. Regular updates help you make informed decisions based on project progress and market trends.
What are the risks of trading Coreum?
Rights include high price volatility, regulatory changes, technological vulnerabilities, and market sentiment shifts. Use risk management strategies like stop-loss orders and avoid investing based solely on speculation.
Are there any ways to short Coreum tokens?
As of now, major exchanges do not offer futures contracts or leveraged ETF products for Coreum. Shorting requires derivative products; without exchange support, it is not possible. Always confirm current exchange offerings before trading.