Covalent – Time To Buy Crypto

Is it a good time to buy Covalent right now?

Current Price: $0.18

Average Daily Volume

Covalent is currently ranked number 334 worldwide with a daily trading volume of $2,559,857.00, which it will make it not so easy for you to sell your holdings of Covalent.

Rating: 3/5

Market Cap

Covalent has a total market cap of $86,623,975.00.

Rating: 4/5

Community

Covalent has 64,155 total followers in all its social media accounts.

Rating: 0/5

All Time High

Covalent is currently -91.57% from its highest price $2.08 on 2021-08-14.

Rating: 5/5

Price Potential

The Covalent price has the potential to increase to $127.78 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Covalent right now.

Overall rating: 4/5

How to buy Covalent today?

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What Is Covalent?

Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.

Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.

Covalent has a global community. To fund the development of Covalent, there have been two private sales. The first was co-led by investors Woodstock Fund, 1kx Capital and Mechanism Capital while the second was led by Hashed with participation from Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures, and other ecosystem partners. Most recently, Covalent successfully closed $10 million in funding from a CoinList Public Sale. This new funding brought the Covalent Query Token, CQT, to the public for the first time.

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