About Coinary Token
Coinary Token is the In-game currency for Dragonary - The Game
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Market Stats
Market Cap
$137,504.61
-0.36%
FDV
$643,906.16
Circulating Supply
213,547,586.751 CYT
Max Supply
999,999,998 CYT
Total Supply
267,040,411.9 CYT
Diluted Valuation
$204,249.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$46.57
0.67%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.42
Overall Price Change (1Y)
-0.57%
Additional info about Coinary Token
Recent trends
The price of Coinary Token has decreased by 0.12% in the last hour and increased by 0.60% in the past 24 hours. Coinary Token’s price has also fallen by 0.08% in the past week. The current price is $0.000641 per CYT with a 24-hour trading volume of $46.57. Currently, Coinary Token is valued at 99.85% below its all time high of $0.42. This all-time high was the highest price paid for Coinary Token since its launch. The current circulating supply of Coinary Token is 213,547,586.751 CYT which means that Coinary Token has as total market cap of $137,504.61.
Market details
CYT vs markets
↘ 66.92%
CYT vs BTC
↘ 72.61%
CYT vs ETH
↘ 29.38%
Tags
mvb
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xd9025e25Bb6cF39f8c926A704039D2DD51088063 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000641 | ↗ 0.60% |
1 Day | $0.000637 | ↗ 0.60% |
1 Week | $0.000642 | ↘ 0.08% |
1 Month | $0.000678 | ↘ 5.48% |
1 Year | $0.0015 | ↘ 57.01% |
FAQ
COINARY (CYT) is a token used in the Dragonary game, for its in-game transactions. The token uses BEP-20 standards based on Binance Smart Chain. The coinary marketplace is where other cryptocurrencies are converted into CYT and provided to the wallet of the players. The entire game economy is defined by the users of the game.
The Dragonary game is a play-to-earn game and rewards its users for just participating in the game. The game utilizes the functionality of blockchain to create an engaging gameplay experience for the players. The game has multiple gaming modes like PvE (players vs. environment) or PvP (player vs. player). The in-game activities allow the users to farm CYT tokens and items, which in turn let the users advance their in-game progress.
As per whitepaper, the coinary aims to beat inflation and therefore has limited supply. Every in-game transaction and breeding commission seeks to result in an 80% token burning, and the remaining 20% is to be allocated to the players. The system also aims to ensure that the coin stays deflationary. Burning is the process of removing coins from circulation by sending them to inaccessible wallet addresses, thereby increasing the value of the token.
CYT token is the main currency, and the players are to be rewarded by holding and staking the coin. The mining process of CYT is similar to GPU mining. The better the GPU, the better the rewards. Similarly, the more advanced dragons the user has in the game, the more CYT tokens the user can mine. Moreover, the users can get rewards by staking the tokens as well. The rewards the user receives are a percentage of the total number of tokens the user stakes. The staking allows the user to participate in the whitelist and could also be a key piece for events and prize draws.
Alejo Chababo is the CEO and cofounder of coinary (CYT). CYT has a maximum total supply of 1 billion tokens.
We update our Coinary Token to USD currency in real-time. Get the live price of Coinary Token on Coinbase.
The current market cap of Coinary Token is $137.50K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Coinary Token is $0.42. This all-time high is highest price paid for Coinary Token since it was launched.
Over the last 24 hours, the trading volume of Coinary Token is $46.57.
Assets that have a similar market cap to Coinary Token include Wanaka Farm, 4-Way Mirror Money, Qubit, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Coinary Token is 214 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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