Our column on the analysis of digital assets continues, today we focus on three distinct crypto projects: XAI, Quant and BNB.
Prices and market statistics of XAI, Quant and BNB cryptocurrencies
Let’s start with the analysis of prices and market statistics.
XAI, the project based on artificial intelligence, currently has a market price of 1.12 dollars.
The financial position of the project is reflected in its market capitalization, which amounts to $308,384,637. In the last 24 hours, the trading volume reached $455,469,753, indicating significant market activity.
Considering its overall potential, the fully diluted valuation stands at $1,095,563,825, projecting the hypothetical market capitalization if all tokens were in circulation.
Currently, the circulating supply is 277,118,150 XAI tokens out of a total supply of 984,486,851. It should be noted that the maximum supply is limited to 2,500,000,000 tokens.
These metrics provide a comprehensive overview of XAI’s financial health, market dynamics, and growth potential in the competitive landscape of the blockchain and artificial intelligence sectors.
The Quant (QNT) token currently has a price of $116.58 USD, placing its market capitalization at 1.4 billion USD.
During the last 24 hours, the trading volume reached 13.9 million USD, indicating significant market activity. The amount of QNT in circulation amounts to 12.1 million, with an average holding time of 33 days.
The popularity of the token is ranked 56th, while the all-time high value is recorded at $428.45 USD.
By analyzing recent variations, in the last hour there has been a modest growth of 0.17%, while in the last 24 hours and in the previous seven days there have been decreases of 1.31% and 2.26%, respectively.
The Binance Coin (BNB) token currently has a price of $316.02 USD, positioning its market capitalization at $47.9 billion USD.
In the recent exchanges of the last 24 hours, the volume reached a significant 1.6 billion USD, reflecting a significant market interest.
The amount of BNB in circulation is 151.7 million, while the historical maximum value occurred at $690.93 USD.
Analyzing the price variations, a modest increase of 0.27% is observed in the last hour, while a slight decrease of 0.93% occurred in the last 24 hours.
During the previous week, the price recorded an increase of 3.72%. These data outline the current position of BNB in the market, highlighting its impact and exchange dynamics.
The Quant (QNT) team has announced the phases of the airdrop and the application
Quant (QNT) serves as a fundamental platform for developers, enabling the construction of dApps through its Overledger technology.
This innovative system allows developers to create smart contracts on a wide range of chains, including those that do not inherently support currencies like Bitcoin.
Thanks to Overledger, developers have the ability to create and launch multi-chain applications, while the Quant App store facilitates monitoring of transactions on various ledgers, offering a holistic perspective of activities within different blockchain networks.
In December 2023, developers launched a remarkable airdrop of Quant $QNT, offering participants $500 and government tokens, providing the opportunity to engage in the project’s upcoming decisions.
The airdrop process involves several steps to ensure eligibility and participation, including visiting a hidden page on dAppRadar, connecting an active cryptocurrency wallet, and confirming the receipt of tokens.
To increase the chances of receiving other airdrops, it is important to actively engage in the cryptocurrency community and stay informed about new projects and opportunities.
The Quant (QNT) Airdrop goes beyond simply acquiring free cryptocurrencies; it represents an invitation to participate in a community-driven token initiative, contributing to the future direction of the project.
To maximize the benefits of the airdrop and seize similar opportunities in the evolving cryptocurrency landscape, users are encouraged to stay updated and actively participate in the vibrant cryptocurrency community, all while respecting local laws and regulations.
Binance announces the 44th project of the launchpool: Manta
The introduction of Manta (MANTA) on Binance’s Launchpool announces a significant progress in decentralized finance, representing the innovation and potential of the cryptographic ecosystem.
With a token supply limited to 1,000,000,000 MANTA and a Launchpool token reward set at 30,000,000 MANTA (equivalent to 3% of the total supply), Manta positions itself as a notable player in the Layer 2 (L2) modular space for ZK applications.
The initial offering of 251,000,000 MANTA, which represents 25.1% of the maximum token supply, reflects a strategic approach to token distribution, favoring a balanced and sustainable ecosystem.
Getting into the specifics of MANTA’s Launchpool, farming distribution is at the center of attention.
From January 16th to January 17th, the daily rewards amount to 15,000,000 MANTA, with the BNB pool contributing 12,000,000 MANTA and the FDUSD pool adding 3,000,000 MANTA to the daily distribution pool.
For those who are eager to seize the opportunities offered by MANTA, it is possible to consult the official page of the project.
Manta is not just an investment perspective, but also a beacon of technological progress, reshaping the dynamics of decentralized finance and pushing the boundaries of scalability and efficiency in the realm of blockchain.
Source: https://en.cryptonomist.ch/2024/01/16/prices-and-news-of-the-crypto-xai-quant-and-bnb/