Orca (ORCA) crypto volume rockets 1200%; know price and performance

3 min read | July 19, 2022 11:14 AM EDT | By Rupam Roy

Highlights:

  • Orca is an easy-to-use decentralized exchange on the Solana blockchain.
  • It returned gains of over 152% in the last 30 days.
  • The token's 30-day highest price was US$1.37.

The Orca (ORCA) crypto is on investors' radar, evidenced by its price and volume growth. Its price rose over 25%, while its one-day volume soared more than 1207% in the last 24 hours to Tuesday morning.

Meanwhile, the global crypto market also traded in the green on July 19, crossing the US$1 trillion. It was up 1.60% to US$1.02 trillion on Tuesday morning.

Now, before we discuss the recent price and performance of the crypto, let's understand the Orca crypto.

What is Orca (ORCA) crypto?

Orca is a decentralized exchange on the Solana blockchain. It claims to be the most user-friendly decentralized exchange (DEX) and is one of the first general-purpose automated market makers (AMMs) launched on Solana.

The users could swap assets while providing liquidity and earn yield through an easy-to-use interface of the platform. In addition, the projects could use Orca as a money-lego for simply integrating swapping, farming, or on-chain data into their decentralized application (DApp).

It focuses on offering users simple yet efficient financial tools while introducing decentralized finance (DeFi) to the masses.

The ORCA token is available for trading on several major crypto exchanges like MEXC, Bitget, Gate.io, etc.

Even though the token has traded in red this year, its prices have witnessed positive momentum in recent weeks.

Meanwhile, Orca announced increasing the stakes in its Discord Sticker Pack Competition on July 14. The 1st prize of the competition is US$200 in Amazon gift voucher along with a "swag pack". The last date to post an entry on the channel is 31st July.

Orca crypto price and performanceSource: ©Kalkine Media®; © dotshock via Canva.com

Bottom line:

The ORCA crypto was priced at US$1.12 at 10:02 am ET on July 19, up 25.79%, while its volume for the trailing 24 hours skyrocketed 1207.61% to US$8.02 million. It has a market cap of US$23.79 million, and its fully-diluted market cap is over US$112.36 million.

The token has a maximum and total supply of 100 million, and its self-reported circulating supply is 20.82 billion. It returned gains of 64.61% in the last seven days while increasing 152.54% over the past 30 days.

The ORCA token saw the highest price of US$1.37 and the lowest price of US$0.3537 in the last 30 days.

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