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Covalent CQT

Covalent Price (CQT)
$0.1858
2.93% Buy CQT Now

0.0000583 ETH

0.00000280 BTC

Buy CQT Now
Low: $0.1753
High: $0.1894
24h
Market Cap
$127,550,688
2.93%
Fully Diluted Market Cap
$185,755,512
2.93%
Volume
24h
$1,640,443
13.36%
Volume / Market Cap
0.0129
Circulating Supply
686,658,970 CQT
68.67%
Max Supply
1,000,000,000
Total Supply
1,000,000,000

Covalent (CQT) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.04%

Joined at Apr 12, 2018

Following

678

1.19%

Tweet count

5,348

0.43%

Covalent reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Covalent (CQT) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Covalent telegram
Telegram Stats
Visit Telegram

Members

0.22%

Title

Covalent

Covalent traffic
Website Traffic
Visit Website

Website Rating (DR)

66 / 100

0.00%

Ahrefs Rank

170,055

3.70%

Organic Traffic (mo.)

2,033

4.42%

Covalent github
GitHub Organization
Visit GitHub

Public repos

Created at Nov 22, 2017

Type

Organization

Covalent github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Covalent (CQT) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 272,283

Members: 8,330


Live CQT Price Analysis

The current real time Covalent price is $0.1858, and its trading volume is $1,640,443 in the last 24 hours. CQT price has grew by 2.93% in the last day, and decreased by 14.87% in the last 7 days. It’s important to note that current Covalent market capitalization is $127,550,688, and the maximum supply is 1,000,000,000 CQT coins. Talking about circulating supply, CQT has 686,658,970 coins. Currently, Covalent rank on the market is #313.

Covalent price today is 91.15% below all time high, and it is 267.28% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling CQT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Covalent?

The Covalent token or CQT is a utility token native to the Covalent Network. The latter is a decentralized analytics platform for blockchain data.

CQT has several use cases. Some of them are:

  • Staking. Network Operators play a key role in securing the Covalent Network via staking. Regular users who hold CQT can stake their tokens towards a Network Operator and earn a share of their earnings;
  • Governance. CQT serves as a governance token. This means that it grants Covalent token holders voting rights. This way community members can participate in the decision-making process of the Covalent Network and help determine system parameters.

There is a max cap of 1,000,000,000 CQT tokens. This makes the token supply deflationary. As such, it’s possible for the CQT price to grow given a stable demand and scarcity of the CQT token.

The Covalent tokens were allocated as follows:

  • 20.4% - Private Sale;
  • 20% - Ecosystem;
  • 18.9% - Reserve;
  • 14.4% - Team;
  • 10% - Seed;
  • 8% - Staking;
  • 3.4% - Public Sale;
  • 2.9% - Second Round of Private Sale;
  • 2% - Advisors.

As you can see on the list above, CQT had a Seed round and two separate Private Sale rounds. During the Seed round, Covalent raised 500,000 US Dollars while both of the Private Sale rounds amassed more than 5,000,000 US Dollars.

You can acquire CQT by visiting its supported exchanges. Check out the section above for our recommended exchanges for Covalent.

CQT is a cryptocurrency which means that it goes through periods of volatility. To put it simply, the Covalent price fluctuates. This makes it crucial to do proper research before jumping into any crypto project.

In the case of Covalent, check out the CQT price chart above for more detailed information.

What are the Main Features of Covalent?

As discussed in the “What is Covalent“ section, Covalent is a data analytics platform that, in the words of Covalent itself, connects centralized databases with the world of blockchain.

Covalent can be used in various ways - it all depends on the creativity of the team behind the project.

For instance, 0x and Zerion put Covalent API to use by accessing granular blockchain data and even displaying said data on different blockchains.

Different sectors within the blockchain industry can benefit from Covalent API including the aforementioned DeFi as well as decentralized autonomous organizations (DAOs), non-fungible token (NFT) projects, and can even be applied to taxes.

In the case of DAOs, Covalent provides reliable data which can then be used by the DAO to analyze the community member activities and voting trends. This crucial data can then be used to greatly improve the user experience.

Who Developed Covalent?

The Covalent crypto project was founded in early 2018. Although, the development of the project began in late 2017 as it was to be submitted to that year’s hackathon event. After coming in first, the team behind Covalent decided to continue its development and make it something bigger.

Its co-founders are tech entrepreneurs Ganesh Swami and Levi Aul who are taking up the roles of CEO and CTO respectively.

Ganesh Swami has a degree in Engineering Physics and has been in the data analytics sector for more than 10 years. Prior to the launch of Covalent, Swami founded Silota - a data analytics company.

Levi Aul, on the other hand, went to the University of British Columbia where he studied Computer Science, however, he abandoned his studies to enter the software engineering industry. Before starting Covalent, Aul was a core contributor to one of Canada’s first Bitcoin exchanges and a systems engineer at Walter.ai.

If you’re interested in the Covalent crypto project, don’t forget to have a look at the Covalent price chart before making your final decision.

What's Covalent trading volume in the last 24 hours?

CQT has a trading volume of $1,640,443 in the last 24 hours.

What's Covalent highest price ever?

CQT has a highest price of $2.10, which was reached on Aug 14, 2021 (2 years 8 months ago).

What's Covalent lowest price ever?

CQT has a lowest price of $0.0506, which was reached on Dec 11, 2022 (1 year 4 months ago).

What are the best exchanges for buying and selling CQT?

Currently, the most active and dominating exchanges for buying and selling Covalent are Binance, Kraken & Kucoin. The most popular Covalent trading pairs are CQT/USDT (on CoinW ), CQT/USDT (on AscendEX (BitMax) ), CQT/USDT (on MEXC ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping CQT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Covalent. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Covalent project's Circulating Supply has been verified and is equal to:

Circulating Supply

686,658,970 CQT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
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