Covalent Query Token price is $0.00353885
The current price of Covalent (CQT) is $ 0.00353885. Over the last 24 hours, its price has decreased by -0.44%.
Covalent is a big-data platform that brings clarity to the often confusing cryptocurrency assets market by generating meaningful insights from the vast pool of blockchain data. Its unique feature is its ability to source data from a variety of chains instead of just a few, thus providing a more comprehensive analysis for both investors and developers. Through a well-designed API, Covalent sources end-users with individualized data by wallet, which includes both current and historical investment performance across all kinds of digital assets.
The Covalent team and its founders are not explicitly mentioned on the company's website, but the platform enjoys the backing of numerous respected investors. Two private sales that were conducted to fund Covalent's development were co-led and participated by respected investors including, but not limited to, Woodstock Fund, 1kx Capital, Mechanism Capital, Hashed, Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures.
Covalent works by aggregating data from dozens of different sources, including nodes, chains, and data feeds. Using the Covalent API, users receive data customized to their specific wallet, containing both current and historical performance metrics of their digital assets. The use of advanced big-data technologies allows Covalent to swiftly and consistently return this data via a single API interface.
What sets Covalent apart from most other platforms is its ability to fetch and analyze data from multiple chains rather than just a few. This ensures a more holistic view of the user’s investment performance, helping to make more informed decisions. Additionally, its reliance on modern big-data technologies ensures that this information is delivered quickly and consistently, boosting the utility of the platform for both investors and developers.
The Covalent Query Token, or CQT, is the native cryptocurrency of the Covalent platform. It became available to the public for the first time after Covalent had successfully closed a $10 million funding from a CoinList Public Sale.
Currently, there are 856.2M CQT in circulation. The total supply of CQT is 1000.0M.
Covalent (CQT) can be traded on the following cryptocurrency exchanges: KuCoin, CoinEx, Kraken, BitMax. As always, well researched decisions are key for successful trading, never invest more than you're willing to lose.
Security begins with your choice of wallet. Choose a well trusted digital wallet tailored to your need and ensure you retain full custody of your private keys. Moreover, avoid sharing sensitive information about your holdings with others, and remember to use up-to-date antivirus software.
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