About Ferrum Network
Market Stats
Market Cap
$599,741.68
FDV
$1,286,407.57
Circulating Supply
287,009,850.562 FRM
Max Supply
615,617,784 FRM
Total Supply
597,085,527.279 FRM
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$398,990.32
0.85%
All time high
$1.22
Additional info about Ferrum Network
Networks and details
The price of Ferrum Network has decreased by 2.27% in the last hour and increased by 61.18% in the past 24 hours. Ferrum Network’s price has also risen by 44.95% in the past week. The current price is $0.0021 per FRM with a 24-hour trading volume of $398.99K. Currently, Ferrum Network is valued at 99.83% below its all time high of $1.22. This all-time high was the highest price paid for Ferrum Network since its launch.
The current circulating supply of Ferrum Network is 287,009,850.562 FRM which means that Ferrum Network has as total market cap of $599,741.68.
Price history
Today | $0.0021 | ↗ 61.18% |
1 Day | $0.0013 | ↗ 61.18% |
1 Week | $0.0015 | ↗ 44.95% |
1 Month | $0.0023 | ↘ 5.91% |
1 Year | $0.0860 | ↘ 97.53% |
Market details
Performance against other markets | ↘ 97.64% |
Performance against BTC | ↘ 98.09% |
Performance against ETH | ↘ 95.48% |
Performance in the past year | ↘ 97.53% |
FAQ
As per the official website, Ferrum believes that crypto projects lack a working product while they are developed, and also, the tokens lack the utility of real use cases. Tokens with a lack of utility often witness situations like price dumping quickly after being listed on the exchange as the users are not incentivized to hold the token of the projects. The Ferrum cross-chain token bridge aims to be an easy, fast, and secure bridge that adds utility to the project’s token and provides the white label bridge. With the Ferrum staking technology, users can seek to develop the instant utility of tokens in staking, rewarding the users, and protecting the project from volatility.
The platform uses two cryptocurrencies: FRM, a utility token, and FRMx, a governance token. The FRM token holders aim to have access to some exclusive benefits in the form of stakingrewards, access to presales, increased value due to deflationary mechanisms, and many more things. Users who hold the FRM contribute to the platform’s aim to remove the barriers to mass adoption of blockchain. Further, users can also seek to utilize FRM as gas fees for the token bridge between Ethereum, Polygon, and Binance Smart Chain.
Meanwhile, the FRMx seeks to add value to the ecosystem by providing long-term sustainability, fair launch, and valuable utilities. Also, community members holding FRMx aim to have access to the governance committee and play an important part in Ferrum Network.
As the roadmap suggests, the project was started in 2018. The team of Ferrum Network includes Naiem Yeganeh (founder, CEO, and lead developer), Ian M. Friend (co-founder and COO), Taha Abbasi (chief strategy officer), Salman Haider (senior blockchain architect), and several other members.
We update our Ferrum Network to USD currency in real-time. Get the live price of Ferrum Network on Coinbase.
The current market cap of Ferrum Network is $599.74K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ferrum Network is $1.22. This all-time high is highest price paid for Ferrum Network since it was launched.
Over the last 24 hours, the trading volume of Ferrum Network is $398.99K.
Assets that have a similar market cap to Ferrum Network include Kromatika, RigoBlock, Polkacity, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ferrum Network is 287 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.
Social stats
Popularity in posts
#1291
Contributors
95
Posts
606,344
% About Ferrum Network
0.032%
Hold times
0 days
X (Twitter)
24.74% bullish
Sentiment
3.6 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
95 unique individuals are talking about Ferrum Network and it is ranked #1,291 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ferrum Network has an average sentiment score of 3.6 out of 5. Finally, Ferrum Network is becoming more newsworthy, with 0 news articles published about Ferrum Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Ferrum Network. There were 24.74% of tweets with bullish sentiment compared to 1.03% of tweets with a bearish sentiment about Ferrum Network. 74.23% of tweets were neutral about Ferrum Network. These sentiments are based on 195 tweets.
On Reddit, Ferrum Network was mentioned in 1 Reddit posts and there were 3 comments about Ferrum Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.