About SALT
The SALT platform is meant to facilitate getting a loan, where the company holds your cryptocoins as collateral while you don't pay back the loan.
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Market Stats
Market Cap
$913,343.65
5.16%
FDV
Not enough data
Circulating Supply
119,999,995.19 SALT
Max Supply
Not enough data
Total Supply
120,000,000 SALT
Diluted Valuation
$1,174,690.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$683.79
-0.73%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$17.74
Overall Price Change (1Y)
-0.54%
Additional info about SALT
Recent trends
The current price is $0.0121 per SALT with a 24-hour trading volume of $683.79. Currently, SALT is valued at 99.93% below its all time high of $17.74. This all-time high was the highest price paid for SALT since its launch. The current circulating supply of SALT is 119,999,995.19 SALT which means that SALT has as total market cap of $913,343.65.
Market details
SALT vs markets
↘ 64.23%
SALT vs BTC
↘ 70.42%
SALT vs ETH
↘ 23.02%
Tags
platform
smart-contracts
alleged-sec-securities
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4156D3342D5c385a87D264F90653733592000581 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0121 | 0.00% |
1 Day | $0.0112 | 0.00% |
1 Week | $0.0080 | ↘ 0.89% |
1 Month | $0.0078 | ↘ 2.29% |
1 Year | $0.0155 | ↘ 53.70% |
FAQ
Secured Automated Lending Technology or SALT is a lending and borrowing network. The platform is membership based and seeks to allow users to leverage blockchain assets to secure currency loans. The platform aims to be cryptographically secure and automated and is designed to adapt to the continuously developing class of blockchain assets. Specifically designed for blockchain assets, SALT operates as a second layer protocol sitting atop any permissioned or public blockchain. Thus, the platform aims to allow the underlying asset to be used as collateral (security) for access to credit.
In general, many consumers face difficulties when they need currency to purchase but don’t wish to liquidate the assets. The SALT platform seeks to offer a compelling solution to the problem. Instead of trading, SALT seeks to allow the members to leverage the value of certain digital assets. Thereby, users get access to currency, offset tax incidents, avoid exchange fees, and maintain the long position in the asset owned. SALT aims to offer a robust and globally available solution to lenders. The platform also aims to provide a solution for removing many of the barriers which have restricted traditional financial institutions from serving the growing base of individuals and businesses.
The SALT lending platform seeks to offer tools to enable traders to lend against blockchain assets safely. SALT’s proprietary volatility risk mitigating technology aims to help to realize the potential advantages of the asset. SALT also intends to facilitate the creation of lending agreements, monitor and secure the value of the blockchain assets serving as collateral, and automatically enforce the terms of each smart contract credit agreement. In simple terms, SALT’s technology aims to address the shortcomings while emphasizing the aspects of blockchain assets.
The SALT (SALT) token was created as a part of the platform’s vision. SALT is an Ethereum-based ERC-20 digital asset token. The members (token holders) can use the tokens as a platform currency and get discounts on loan products. The platform also accepts SALT tokens for paying yield on the loan. SALT token holders can use the tokens to seek to interact with the platform and reduce current products and services costs.
The idea of SALT was conceived in 2016, and the SALT (SALT) token was issued in 2017. The whitepaper of the token was released on September 8, 2017.
We update our SALT to USD currency in real-time. Get the live price of SALT on Coinbase.
The current market cap of SALT is $913.34K. A high market cap implies that the asset is highly valued by the market.
The all-time high of SALT is $17.74. This all-time high is highest price paid for SALT since it was launched.
Over the last 24 hours, the trading volume of SALT is $683.79.
Assets that have a similar market cap to SALT include BurgerCities, MongolNFT Coin, Andy BSC, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SALT is 120 million.
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Social stats
Popularity in posts
#1571
Contributors
6,491
Posts
9,556
% About SALT
0.016%
Articles
3
Hold times
0 days
X (Twitter)
32.17% bullish
Sentiment
4.2 ★
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
6,491 unique individuals are talking about SALT and it is ranked #1,571 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SALT has an average sentiment score of 84 out of 5. Finally, SALT is becoming less newsworthy, with 3 news articles published about SALT.
On Twitter, people are mostly neutral about SALT. There were 42.75% of tweets with bullish sentiment compared to 32.88% of tweets with a bearish sentiment about SALT. 57.25% of tweets were neutral about SALT. These sentiments are based on 533 tweets.
On Reddit, SALT was mentioned in 169 Reddit posts and there were 49895 comments about SALT. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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.