Covalent X TokenPrice(CXT)
Details Covalent X Token (CXT) Price information (USD)
The current real-time price of CXT is $0.0047. In the past 24 hours, CXT has traded between $0.0046 and $0.0052, showing strong market activity. The all-time high of CXT is $0.2628, and the all-time low is $0.0046.
From a short-term perspective, the price change of CXT over the past 1 hour is
Covalent X Token (CXT) Market Information
Covalent X Token (CXT) Today's Price
The live price of CXT today is $0.0047, with a current market cap of $4.788M. The 24-hour trading volume is 513K. The price of CXT to USD is updated in real time.
Covalent X Token (CXT) Price History (USD)
What is COVALENT X TOKEN (CXT)?
When is the right time to buy CXT? Should I buy or sell CXT now?
Before deciding whether to buy or sell CXT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CXT technical analysis can provide you with trading references.
Future price trend of CXT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CXT.
How much will CXT be worth tomorrow, next week, or next month in ? What about your CXT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CXT Price Prediction
How to buy COVALENT X TOKEN (CXT)
Convert CXT to local currency
CXT Resources
To learn more about CXT, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xfe97...31992a  | 327.632M | 32.76% |
ethereum | 0xb270...a4471d | 40.670M | 4.07% |
ethereum | 0x3aa5...beb2cd | 39.511M | 3.95% |
ethereum | 0x91d4...c8debe | 37.794M | 3.78% |
ethereum | 0xc61a...4e9f34 | 30.742M | 3.07% |
Other | 523.647M | 52.36% |
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COVALENT X TOKEN (CXT) FAQ
What problem does Covalent (CXT) aim to solve?
Covalent addresses the challenge of efficiently accessing historical and granular blockchain data. It provides a unified API that aggregates information from various blockchain sources, nodes, chains, and data feeds. This resolves issues like developer restrictions in data access, inaccurate information, and the complexity of sourcing data from multiple chains, enabling developers to build applications more easily and gain a comprehensive view of the blockchain ecosystem.
What is Covalent (CXT)? How does it work?
Covalent is a software designed to aggregate data from numerous blockchain platforms, such as Ethereum, Avalanche, and Polygon, making this information accessible via a unified API. It fully indexes the entire history of these blockchains, including smart contracts, wallet addresses, and transactions, normalizing the data into a consistent format. This 'no-code solution' allows users to retrieve specialized blockchain data without complex queries or specialized developers.
What are the key advantages or unique selling points of Covalent?
Covalent offers complete, granular visibility into billions of blockchain data points and supports multiple blockchains with a single API. It provides a no-code solution for developers and features a decentralized indexing-querying middleware with a low refresh rate. These capabilities facilitate quick development of financial solutions and empower developers to implement multi-chain strategies effectively.
What is the CXT token and what are its primary purposes/use cases?
CXT (formerly CQT) is the native ERC-20 token of the Covalent Network, serving three main purposes. Firstly, it enables governance, allowing token holders to vote on proposals that modify system parameters. Secondly, CXT supports staking, where validators and delegators stake tokens to earn yield and secure the network, receiving fees for answering queries. Lastly, CXT is used for network access, fulfilling data queries for API users.
What is the CQT to CXT migration? Why did it happen?
Covalent underwent a token migration from CQT to CXT. The CQT token is now deprecated and holds no value, as CXT has been established as the new network token. This migration was a community governance decision, primarily aimed at neutralizing potential threats stemming from the Nomad hacker incident, thereby reinforcing the network's security and integrity.
Where can I buy CXT?
CXT is available for trading on a growing number of reputable exchanges, supporting various cryptocurrency and stablecoin pairs. Users can typically find CXT listed on major platforms, including LBank, where it can be traded. It is always recommended to check the specific exchange for available trading pairs and support.
