About SORA Validator Token
VAL is the validator reward token for the SORA network, used to reward those that stake XOR as part of the Nominated Proof-of-Stake consensus algorithm. VAL is a deflationary token that gets burned with each transaction on the SORA network.
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Market Stats
Market Cap
$11,185.09
1.9%
FDV
$2,741,422.26
Circulating Supply
408,003 VAL
Max Supply
100,000,000 VAL
Total Supply
100,000,000 VAL
Diluted Valuation
$2,749,733.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1,348.94
0.55%
Volume (7D)
$9,812.35
Volume (30D)
$42,959.53
All time high
$32.54
Overall Price Change (1Y)
-0.92%
Additional info about SORA Validator Token
Recent trends
The price of SORA Validator Token has decreased by 0.26% in the last hour and increased by 5.25% in the past 24 hours. SORA Validator Token’s price has also fallen by 8.02% in the past week. The current price is $0.0274 per VAL with a 24-hour trading volume of $1.35K. Currently, SORA Validator Token is valued at 99.92% below its all time high of $32.54. This all-time high was the highest price paid for SORA Validator Token since its launch. The current circulating supply of SORA Validator Token is 408,003 VAL which means that SORA Validator Token has as total market cap of $11,185.09.
Market details
VAL vs markets
↘ 93.81%
VAL vs BTC
↘ 95.1%
VAL vs ETH
↘ 86.91%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xe88f8313e61A97cEc1871EE37fBbe2a8bf3ed1E4 | |
Sora | 0x0200040000000000000000000000000000000000000000000000000000000000 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0274 | ↗ 5.25% |
1 Day | $0.0261 | ↗ 5.25% |
1 Week | $0.0298 | ↘ 8.02% |
1 Month | $0.0161 | ↗ 70.52% |
1 Year | $0.34 | ↘ 92.02% |
FAQ
SORA (VAL) is a decentralized platform built on Parity Substrate technology. The platform connects to the Polkadot Para chains with built-in mechanisms focused on DeFi. The SORA Network claims to stand out in providing mechanisms for decentralized applications that utilize digital assets, such as bridging tokens to other chains, atomic token swaps, and making programmatic rules concerning digital assets. SORA claims to provide financial inclusion for all without bias and deliver a better method for managing day-to-day finances. The SORA platform’s token had an initial supply of 100 million coins and the same gets reduced with tokens burning. Burning is when a fraction of tokens is sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.
SORA claims to be a super national economic system that decentralizes the idea of a network. Except for Polkaswap, one of the leading applications operating on the SORA network is the SORA decentralized economic design itself. SORA focuses on resolving many of the issues of current cryptocurrencies via innovation and math. The token bonding curve (TBC) rationally manages the supply of tokens without human involvement in developing a plan that sidesteps the boom-bust issues of deflationary and traditional economies of many cryptocurrencies. The token bonding curve is an infinitely liquid and decentralized central bank. Holders can trade freshly minted tokens from the TBC using some distinct reserve assets or trade the tokens for one of those assets, burned instantly.
VAL token is native to the platform. Traders can become nominators by staking the tokens and aiming to receive rewards for that. A validator can validate blocks in SORA and seek to earn rewards. The SORA platform has introduced a wallet where transactions can be performed with VAL tokens. Assets aim to be stored from various networks in a single app and easily moved between the networks.
We update our SORA Validator Token to USD currency in real-time. Get the live price of SORA Validator Token on Coinbase.
The current market cap of SORA Validator Token is $11.19K. A high market cap implies that the asset is highly valued by the market.
The all-time high of SORA Validator Token is $32.54. This all-time high is highest price paid for SORA Validator Token since it was launched.
Over the last 24 hours, the trading volume of SORA Validator Token is $1.35K.
Assets that have a similar market cap to SORA Validator Token include Innova, Sportcash One, Goose Finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SORA Validator Token is 408 thousand.
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Social stats
Popularity in posts
#1017
Contributors
1,130
Posts
1,342
% About SORA Validator Token
0.036%
Articles
3
Hold times
0 days
X (Twitter)
28.48% bullish
Sentiment
2.6 ★
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
1,130 unique individuals are talking about SORA Validator Token and it is ranked #1,017 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SORA Validator Token has an average sentiment score of 51 out of 5. Finally, SORA Validator Token is becoming less newsworthy, with 3 news articles published about SORA Validator Token.
On Twitter, people are mostly neutral about SORA Validator Token. There were 28.86% of tweets with bullish sentiment compared to 1.31% of tweets with a bearish sentiment about SORA Validator Token. 71.14% of tweets were neutral about SORA Validator Token. These sentiments are based on 416 tweets.
On Reddit, SORA Validator Token was mentioned in 206 Reddit posts and there were 2533 comments about SORA Validator Token. 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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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.