ChainCatcher News, according to SoSoValue data, the crypto market sector generally pulled back slightly, with Bitcoin (BTC) fluctuating in a narrow range near $94,000, down 0.21% in 24 hours, and ETH relatively firm, up 0.02% in 24 hours, remaining near $1,800.
In addition, the NFT and RWA sectors, which rose higher yesterday, saw a pullback today, with the NFT sector falling 4.43%, and within the sector, Pudgy Penguins (PENGU) and Moca Coin (MOCA) fell 7.10% and 13.58% respectively; The RWA sector fell by 2.84%, but Plume (PLUME) and Creditcoin (CTC) bucked the trend by rising by 4.49% and 5.41%, respectively.
In other sectors, the CeFi sector fell 0.60% in 24 hours, among which, LEO Token (LEO) was relatively firm, rising 0.35%; The Layer 1 sector fell 1.31%, the DeFi sector fell 2.25%, but the Curve DAO (CRV) rose 2.02%; The PayFi sector fell 2.38%, and within the sector, Monero (XMR) surged 2.89% higher intraday; The Layer 2 sector fell by 2.52% and the Meme sector fell by 2.77%.
At the same time, the crypto sector index, which reflects the historical market of the sector, shows that the ssiNFT, ssiRWA, and ssiDeFi indices fell by 4.21%, 3.57%, and 2.93% respectively in 24 hours, but the ssiNFT index returned 17.66% weekly.
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加密鹰
Why do so many people scoff at CTC? Because the vast majority of people dare not believe in dreams
姜子牙｜CTC
Yu Lingxiong's return to the rivers and lakes is the only chance!
Guys who have already boarded the ship, create a BTC-level opportunity for all ordinary people together! Work together, succeed together!
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Creditcoin 🐧
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LunarCrush.com Social Data
Even though much of the crypto market is down big, the real-world assets sector is still flat over the last 24 hours making #RWA the top performing crypto sector. Let's take a look at outperforming assets through the lens of several different social and market metrics to uncover standout performers.
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The current price of Creditcoin is $0.55230. Over the last 24 hours, Creditcoin has decreased by -4.79%. It currently has a circulating supply of 454,416,053 CTC and a maximum supply of 599,999,997 CTC, giving it a fully diluted market cap of $251.34M. At present, Creditcoin holds the 102 position in market cap rankings. The Creditcoin/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
CreditCoin (CTC) is an advanced decentralized cryptocurrency project built on the foundations of blockchain technology. The protocol aims to revolutionize financial transactions by providing a secure, fast, and efficient platform that eliminates the need for intermediaries.
With a specific focus on the lending and borrowing market, CreditCoin aims to cater to the needs of individuals and businesses seeking convenient and streamlined access to loans for operational purposes.
What is CreditCoin
CreditCoin is a project that leverages a distributed ledger maintained by a network of nodes to record transactions. Unlike traditional financial systems, CreditCoin provides additional security and transparency. Transactions on the network are validated and processed in a decentralized manner, ensuring the integrity and reliability of the system.
Built with user-friendly technology, CreditCoin enables fast and seamless transactions. It offers the benefits of low transaction fees and high-speed processing, making it an attractive choice for individuals seeking an efficient and cost-effective solution for their financial transactions.
The CreditCoin team
CreditCoin was jointly founded by Aella and Gluwa, with Gluwa as the technology provider and Aella as the initial distributor. Gluwa is made up of a talented and diverse team of industry experts who possess extensive experience in the fields of cryptocurrency and blockchain.
Leading the team is Tae Oh, who plays a key role in the project's development. Scott Hasbrouck holds the positions of CEO at Gluwa and VP of Engineering. Sung Choi is the Vice President of Investment, while Vladimir Kouznetsov is the Lead Blockchain Architect.
How does CreditCoin work
CreditCoin operates on a permissionless blockchain, enabling a borderless credit network to facilitate financial transactions. The network involves four main parties: lending pools (LPs), fundraisers, borrowers, and other participants.
CTC: CreditCoin's native token
CTC is the native token of the CreditCoin project, serving multiple functions within the ecosystem. Its primary use is for covering transaction fees and mining rewards. Additionally, CTC operates through a unique token usage mechanism, which is utilized to settle transaction fees for every communication or update issued by the CreditCoin network.
CTC tokenomics
CreditCoin's tokenomics are designed to support the operation and growth of the network. The total supply of CTC tokens is 599,999,997, with 227,464,279 tokens currently in circulation.
CTC is the mainnet token and is vital to the network's functioning. It is used for settling transaction fees and providing rewards to miners. The network also utilizes another token called G-CRE, which operates alongside CTC to enable specific functions within the ecosystem.
CTC use cases
The CTC token serves various use cases within the CreditCoin ecosystem. These include offering staking privileges, allowing users to earn rewards through staking their CTC tokens.
Additionally, the CTC token is used to pay transaction fees, providing a means for users to conduct transactions on the network. Furthermore, CTC token holders can participate in the governance of the CreditCoin ecosystem by using their tokens to vote on specific upgrades and proposals.
CTC distribution
The distribution of CTC tokens is allocated among four key participants within the network:
Seventy percent of the tokens are allocated to CreditCoin miners, who utilize the funds to support the network, run contracts, and maintain the blockchain.
Fifteen percent is directed to Gluwa for deployment, research and development, marketing, distribution, administration costs, and business development.
Ten percent of the tokens are distributed to partners involved in network development, business development, and support.
Five percent is allocated to the CreditCoin Foundation.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 560 new posts about Creditcoin, driven by 325 contributors, and total online engagement reached 16K social interactions. The sentiment score for Creditcoin currently stands at 72%. Compared to all cryptocurrencies, post volume for Creditcoin currently ranks at 5911. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Creditcoin.
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Posts
560
Contributors
325
Interactions
15,597
Sentiment
72%
Volume rank
#5911
X
Posts
551
Interactions
15,597
Sentiment
72%
Creditcoin FAQ
What is CreditCoin?
CreditCoin (CTC) is an interoperable lending protocol that runs on blockchain. The protocol brings lenders and borrowers together who will register for matching loan condition requirements. The platform seeks to support a borderless credit network.
What are the benefits of CreditCoin?
CreditCoin lowers the cost of risk assessment and verification by creating a blockchain that will record on-chain credit transaction events. The lenders can also access the credit history, assess the level of risk and make informed decisions.
What is the CTC price prediction?
While it’s challenging to predict the exact future price of CTC, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 Creditcoin worth today?
Currently, one Creditcoin is worth $0.55230. For answers and insight into Creditcoin's price action, you're in the right place. Explore the latest Creditcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Creditcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Creditcoin have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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