COVER Protocol (COVER) One Day Volume Hits $2.78 Million

COVER Protocol (CURRENCY:COVER) traded 3.7% lower against the U.S. dollar during the one day period ending at 13:00 PM Eastern on July 22nd. Over the last seven days, COVER Protocol has traded 2.8% higher against the U.S. dollar. COVER Protocol has a total market cap of $14.34 million and approximately $2.78 million worth of COVER Protocol was traded on exchanges in the last 24 hours. One COVER Protocol coin can now be bought for about $183.34 or 0.00566274 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00003089 BTC.
  • Chainlink (LINK) traded up 2.8% against the dollar and now trades at $15.92 or 0.00049187 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Polygon (MATIC) traded down 1.8% against the dollar and now trades at $0.91 or 0.00002804 BTC.
  • Dai (DAI) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00003092 BTC.
  • THETA (THETA) traded up 3.3% against the dollar and now trades at $4.66 or 0.00014400 BTC.
  • Aave (AAVE) traded 6.5% higher against the dollar and now trades at $273.48 or 0.00844698 BTC.
  • botXcoin (BOTX) traded down 1.7% against the dollar and now trades at $2.03 or 0.00006279 BTC.
  • Crypto.com Coin (CRO) traded up 0.4% against the dollar and now trades at $0.11 or 0.00000343 BTC.

COVER Protocol Profile

COVER Protocol (COVER) is a coin. Its launch date was January 5th, 2021. COVER Protocol’s total supply is 82,000 coins and its circulating supply is 78,208 coins. The official website for COVER Protocol is www.coverprotocol.com. COVER Protocol’s official Twitter account is @COVERProtocol and its Facebook page is accessible here. COVER Protocol’s official message board is coverprotocol.medium.com.

According to CryptoCompare, “Cover Protocol provides peer to peer coverage with fungible tokens. It lets the market set coverage prices as opposed to a bonding curve. Cover Protocol allows DeFi users to be protected against smart contract risk. It stabilizes the turbulent DeFi space by instilling confidence and trust between protocols and their users. By bridging the gap between decentralized finance and traditional finance, Cover Protocol aims to open the doors of DeFi to all investors. The COVER Token and Migrations (SAFE2 to COVER) The exact token distribution can be found here. In our original plans, we had a tentative amount of 55,000 $COVER to be migrated. However, the amount of $COVER eligible in the snapshot for claiming (for those who missed the $SAFE =>$SAFE2 migration) was lower than expected by 150 tokens. For now, this difference of 150 $COVER will be minted to the treasury and we will hold a vote for $COVER holders to decide on what we do with these tokens.On release, $SAFE2 holders can migrate to $COVER while those who missed the $SAFE -> $SAFE2 migration will be eligible to claim a partial amount of their snapshotted balance. There will be a MIGRATE button on the left bottom of the side nav. This page refers┬áto the updated version of COVER. Historical data prior to the update can be consulted here. “

Buying and Selling COVER Protocol

It is usually not currently possible to purchase alternative cryptocurrencies such as COVER Protocol directly using US dollars. Investors seeking to trade COVER Protocol should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase COVER Protocol using one of the exchanges listed above.

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