What is CAP crypto & why its volume soared over 293,665,275%?

December 29, 2021 12:04 AM PST | By Raza Naqvi
 What is CAP crypto & why its volume soared over 293,665,275%?
Image source: © Yur4you | Megapixl.com

Highlights

  • The Capital.Finance project was established to develop a DeFi wallet for staking and other services.
  • Finance is designed to distributed tokens within a specific time period to ensure transparency.
  • The CAP crypto is the native utility token of Capital.Finance platform.

Capital.Finance Price (CAP) has caught the attention of crypto investors as its price surged by more than 500 per cent in the last 24 hours, according to CoinMarketCap data.

At the time of writing, the CAP crypto’s 24-hour volume was 293,665,275 per cent. It was trading at US$ 33.01 per token.

What is Capital.Finance crypto?


This cryptocurrency was built for the decentralized finance (DeFi) infrastructure. The Capital.Finance project was established to develop a DeFi wallet for staking, crypto farming, and trading, among other services.

Using the blockchain technology, Capital.Finance records all transactions and verifies information.

The project claims that a user does not need to deposit any fund to transact on the platform. Due to this reason, Capital.Finance can ensure safety of its users’ fund and transparency.

For user protection, the adviser and team tokens are locked in smart contracts, and they get distributed every month to ensure transparency.

In addition, every smart contract is audited in the Capital.Finance platform for safety and security.

What is Capital.Finance crypto?
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The CAP crypto is the native utility token of Capital.Finance platform and its circulating is not available. The token’s ranking on CoinMarketCap is 4,208.

Notably, the maximum supply of CAP crypto is 99,999 tokens.

Also Read: FJB crypto volume skyrockets over 1000%; Know price prediction

Bottom line


The CAP cryptocurrency is witnessing a massive surge, however, there is no specific reason as to why its price and volume is skyrocketing.

Crypto market is a highly volatile place, and such price surge are often recorded for various cryptocurrencies.

If you are interested in the CAP crypto, then you can find it on cryptocurrency exchanges like VinDAX and P2PB2B.

It is advisable to do your research before investing in a cryptocurrency when the price of a cryptocurrency skyrockets like this due to high volatility.

Also Read: Know COTI crypto's price prediction as its volume skyrockets


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