CIPHERPrice(CPR)
Details CIPHER (CPR) Price information (USD)
The current real-time price of CPR is $0.0{5}9470. In the past 24 hours, CPR has traded between $0.0{5}9430 and $0.0{5}9680, showing strong market activity. The all-time high of CPR is $0.0040, and the all-time low is $0.0{6}7341.
From a short-term perspective, the price change of CPR over the past 1 hour is
CIPHER (CPR) Market Information
CIPHER (CPR) Today's Price
The live price of CPR today is $0.0{5}9470, with a current market cap of $0. The 24-hour trading volume is 10.41. The price of CPR to USD is updated in real time.
CIPHER (CPR) Price History (USD)
What is CIPHER (CPR)?
When is the right time to buy CPR? Should I buy or sell CPR now?
Before deciding whether to buy or sell CPR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CPR technical analysis can provide you with trading references.
Future price trend of CPR
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CPR.
How much will CPR be worth tomorrow, next week, or next month in ? What about your CPR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CPR Price Prediction
How to buy CIPHER (CPR)
Convert CPR to local currency
CPR Resources
To learn more about CPR, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
polygon-pos | 0x6749...467db9  | 1.080B | 10% |
polygon-pos | 0x539e...6ae293 | 1.001B | 9.27% |
polygon-pos | 0xb8bc...f0b168 | 1.000B | 9.26% |
polygon-pos | 0x0d61...f12a06 | 648.000M | 6% |
polygon-pos | 0xb472...1658f9 | 540.038M | 5% |
Other | 6.530B | 60.47% |
Hot Events
CIPHER (CPR) FAQ
Can you explain what CIPHER (CPR) is and what its fundamental purpose is within the Web3 ecosystem?
CIPHER (CPR) functions as a utility token, granting partial ownership in the company similar to shares. Its core mission is to establish a secure, transparent, and accountable business environment. Operating on a non-ICO business model, CIPHER aims to build a cohesive ecosystem, distinguishing itself by avoiding traditional Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs) to fund its development and operations.
On which blockchain networks does CIPHER (CPR) currently operate, and what was the rationale behind any network migrations?
Initially, the CIPHER project was launched on the Ethereum blockchain in April 2018. However, to enhance efficiency, reduce operational expenses, and mitigate high transaction fees, CIPHER strategically migrated to the Polygon PoS (Proof of Stake) network in December 2021. This move aims to optimize the project's infrastructure and provide a more cost-effective and scalable environment for its operations.
What are the primary use cases and utilities for the CPR token within its ecosystem, enabling its holders to engage with the platform?
The CPR token is integral to its ecosystem, offering diverse functionalities. Holders can engage in trading activities, earn yield through lending or staking, and utilize CPR for payments. It also grants access to specific advanced platform features, analytics, and exclusive updates. Users may receive discounts or rewards for using CPR within the network or with partners. Furthermore, CPR could potentially confer governance rights, allowing holders to vote on key project decisions, and is distributed when services or programs are utilized.
What significant challenges or problems does the CIPHER project specifically aim to address and resolve for its users and the broader Web3 space?
CIPHER is designed to tackle several critical issues. It seeks to minimize the inherent risks associated with volatile cryptocurrency markets, providing a more stable environment. The project also aims to facilitate transactions that are not only efficient and transparent but also readily tradeable. A major objective was to overcome the limitations of high fees and significant maintenance costs that are often encountered on Ethereum's Layer 1 network, ensuring a more economical and sustainable operational model.
What are the key tokenomics details for CPR, specifically regarding its maximum and total supply, providing insight into its fundamental token distribution?
The tokenomics of CPR are structured around a fixed supply. The maximum and total supply of CIPHER (CPR) tokens is set at 10,800,000,000 CPR. This defined cap helps establish the fundamental scarcity and overall distribution framework for the token within its ecosystem.
What are CIPHER's projected future plans and strategic initiatives aimed at expanding its ecosystem and enhancing its offerings?
CIPHER has ambitious future plans centered on expanding its ecosystem and utility. These initiatives include the development of new business applications designed to integrate and broaden its reach. The project also intends to launch Non-Fungible Tokens (NFTs), adding a new dimension to its digital assets. Furthermore, CIPHER plans to collaborate with centralized exchange platforms, such as LBank, to deliver more convenient, secure, and efficient trading experiences for its users.
