Is Casper (CSPR) crypto rising on KuCoin listing news?

June 27, 2022 11:54 PM AEST | By Rupam Roy

Is Casper (CSPR) crypto rising on KuCoin listing news? — Image source: © Alexanderushkevich | Megapixl.com

What is Casper (CSPR) crypto?

Casper is the first live proof-of-stake (PoS) blockchain created off the Casper CBC specification.

It is designed for smart contracts and decentralized applications (DApps). It seeks to regularly upgrade itself to meet users’ needs besides making it widely accessible for developers.

Its whitepaper further notes that demand for intuitive and interconnected solutions is growing continuously globally; hence, the platform is designed to meet the needs of both enterprises and developers in the Web3 space. The blockchain provides enterprise-grade security, scalability, and decentralization solutions.

The project was co-founded by Medha Parlikar and Mrinal Manohar, and its mainnet was launched on March 30, 2021. The CSPR token can be traded on crypto exchanges like OKEx, Huobi Global, Gate.io, etc.

The token gained attention after its KuCoin listing. KuCoin said the CSPR token deposit is now open, but trading will start at 10 am UTC on June 29. KuCoin also plans to organize an AMA session with Casper Network at 12 pm UTC on June 28, with an opportunity to win US$1000 worth of tokens in prizes.

Casper (CSPR) crypto price and performance Data Source: CoinMarketCap.com

Bottom line:

The CSPR token was priced at US$0.03634 at 9:27 am ET on June 27, up 20.06%, while its volume for the trailing 24 hours rose 202.15% to US$8.03 million. It has a market cap of US$188.04 million, and its fully-diluted market cap is US$375.89 million.

The token has a total supply of 10.96 billion, and its current circulating supply is around 5.17 billion. It returned gains of 43.7% in the last seven days.

The highest and lowest price of the CSPR crypto in the last 30 days was US$0.03974 and US$0.02235, respectively.

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.