Mento Canadian DollarPrice(CADM)
Details Mento Canadian Dollar (CADM) Price information (USD)
The current real-time price of CADM is $0.7211. In the past 24 hours, CADM has traded between $0.7211 and $0.7211, showing strong market activity. The all-time high of CADM is $1.45, and the all-time low is $0.3498.
From a short-term perspective, the price change of CADM over the past 1 hour is
Mento Canadian Dollar (CADM) Market Information
Mento Canadian Dollar (CADM) Today's Price
The live price of CADM today is $0.7211, with a current market cap of $76,733.05. The 24-hour trading volume is 178.03. The price of CADM to USD is updated in real time.
Mento Canadian Dollar (CADM) Price History (USD)
What is MENTO CANADIAN DOLLAR (CADM)?
When is the right time to buy CADM? Should I buy or sell CADM now?
Before deciding whether to buy or sell CADM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CADM technical analysis can provide you with trading references.
Future price trend of CADM
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CADM.
How much will CADM be worth tomorrow, next week, or next month in ? What about your CADM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CADM Price Prediction
How to buy MENTO CANADIAN DOLLAR (CADM)
Convert CADM to local currency
CADM Resources
To learn more about CADM, consider exploring other resources such as the whitepaper, official website, and other published information:
Hot Events
MENTO CANADIAN DOLLAR (CADM) FAQ
What is Celo Canadian Dollar (cCAD)?
The Celo Canadian Dollar (cCAD) is a stablecoin designed to promote the adoption of digital currencies in Canada. It's part of the broader Mento Platform and aims to enhance financial inclusion by offering a stable digital asset. As an ERC-20 token, it operates on the Celo blockchain.
How is cCAD backed or collateralized to maintain its value?
The Celo Canadian Dollar is supported by a diversified reserve of assets. All stable assets on the Mento Platform are overcollateralized, backed by other stable currencies and volatile assets like Bitcoin and Ethereum. This mechanism helps maintain its intended stable value.
Is cCAD classified as a token or a cryptocurrency, and what does that imply?
cCAD is a stablecoin, which is a specific type of cryptocurrency. It is also an ERC-20 token built on the Celo blockchain. This classification means it adheres to a common standard for tokens on that network, allowing for consistent functionality and interaction within the Celo ecosystem while aiming for a stable value.
What are the circulating and total supply figures for cCAD?
The circulating supply of Celo Canadian Dollar is reported as 100,000,000, which some sources also state as its total supply. Other information indicates a circulating supply of 131.10K cCAD out of a maximum of 131.10K. These figures reflect the quantities of cCAD available or potentially available in the ecosystem.
How can users acquire or sell cCAD, and on what types of platforms?
Celo Canadian Dollar can be bought and sold on various digital asset platforms. Users typically need to complete identity verification and then place orders on the trading page. It can also be purchased via decentralized swap protocols for cCAD/USD pairs. While some services provide conversion rates, direct purchase availability can differ across platforms.
What security features does the Mento Protocol employ to protect cCAD users?
The Mento Protocol incorporates security features to protect users and maintain the stability of assets like cCAD. These include on-chain circuit breakers, designed to mitigate risks during extreme market volatility, and trading limits, which help prevent manipulative practices and ensure orderly market function. These mechanisms enhance the overall integrity and safety of the protocol.
