The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. We also gather additional information from different sources to make sure we cover all necessary data or events.
This means the price could be pushed around by unscrupulous actors, or just that the prices is likely to be very unpredictable. SOS went viral in the first couple of days of its launch, resulting in a positive price action on SOS’ price chart, which has since stabilized. The use cases and goals of SOS are ever-evolving through various DAO proposals. Users can stake SOS tokens to get the veSOS governance token to vote on DAO proposals such as NFT project launches, potential airdrops and future updates. The table above shows the number of days which OpenDAO closed above a certain price level. OpenDAO is an decentralized autonomous organization , which operates on an open-source, community-based ideal that emphasizes collective progress.
This is not investment advice, but the token shows a great potential to grow exponentially due to continuous upgrades and advancements. Based on fundamental and technical analysis Open DAO token seems to perform well in the coming years. OpenDAO emphasizes the OpenSea market, connoisseurs, and the creators of NFT that aid their exchange.
I am a cryptocurrency advocate and I have been following the crypto space since early 2012. I have written extensively about Bitcoin and my work has appeared in some of the most respected publications. OpenDAO proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that SOS is a good choice of investment. The value of this token drastically increased after the $SOS tokens distribution, which was in more than 2,40,000 wallets.
SOS is the token airdropped by OpenDAO to OpeaSea users. OpenDAO is a digital native community centered around leveling the playing field for both creators and collectors. The token of the Metaverse – created by the community, for the community.
No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion. An airdrop is conducted for all users who have traded on OpenSea. Treasury holdings will be used to protect traders on OpenSea, support NFT artists/communities, and developer grant. The OpenDAO price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. OpenDAO is a decentralized cryptocurrency project that launched on December 24, 2021 for individuals who transact within the OpenSea decentralized ecosystem.
OpenDAO (SOS) Price Prediction 2024
They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents. The total dollar value of all transactions for this asset over the past 24 hours.
In all the financial markets, moving averages are a famous indicator of price prediction. The objective of MA is to level the price action over a specific period of time. Moving averages are grounded on preceding price action; thus it is a lagging indicator. As of today, the last reported OPENDAO.IS price is unknown.
The project is not affiliated with OpenSea directly but has an active holder community of more than 200,000 unique wallets. The cryptocurrency project rewards anyone who has spent money on the OpenSea decentralized network, with an equivalent amount of OpenDAO tokens. Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Trillion SOS tokens are in circulation today.
The objective of developing OpenDAO was to honor the investors of the NFT. According to its official website, this token aims to promote, protect, and pay tribute to the NFT community. Overall, OpenDAO price has a positive correlation with the price of MANA , AXS , GMT , ENJ , and STX and a negative co-relation with GT, WEMIX , XEM , USTC and LUNC prices. HowTo Guides How to buy / sell / send Crypto guides.Crypto Questions Answering most of your crypto questions. Fundamental Analysis Key factors and information to perform crypto fundamental analysis.
- Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
- This token seems to be an interesting project, and the unique thing about this token is that its objective is to support NFT communities and emerging artists.
- Take profit is the first level of the fib extension tool.
- In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
Strategic partners of this project include prominent organizations such as Celer, Clover, Shopping.io, Polygon, Mask, Wintermute and Crypto.com. Additionally, on December 27, 2021, the X Marketplace and OpenDAO formed a partnership to incentivize the long-term use of both their platforms. This partnership also enables SOS token holders who participate in governance via veSOS tokens to earn veX tokens. OpenDAO’s current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 13.97 Thousands. The OpenDAO cryptocurrency goes by its token ticker, SOS, an Ethereum-based token like the OpenSea cryptocurrency. OpenDAO price is updated and available in real-time on Binance.
What is the fully diluted valuation of OpenDAO (SOS)?
It helps create value, lock it and bring it on-chain to an extent never possible before. It also utilizes and mints a superior stablecoin supported by multiple off and on-chain assets. This means that a big move in OpenDAO is met with a lot of dollars flowing into, or out of, the cryptocurrency. Low risk cryptocurrencies are very unlikely to have their prices manipulated. A big move in a low-risk cryptocurrency means lots of dollars are moving into, or out of, that crypto.
The Long-Term Technical Ranking is a good gauge of how a cryptocurrency has traded over the past several months. This is useful for traders who may want to hold a cryptocurrency for weeks or months. A high risk-reward score means the cryptocurrency’s price can change a lot with very few dollars at stake.
Trade OpenDAO (SOS)
COINCOST is in no way related to the cryptocurrency OpenDAO, its developers and representatives. If you are planning to trade crypto, please consult a financial adviser. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
The governance of jim beam district 2 whiskey 1990 tacoma bottle convention 999 silver coin rare uses Defi applications extensively, thus eliminating the central governing body’s presence. This token seems to be an interesting project, and the unique thing about this token is that its objective is to support NFT communities and emerging artists. There are many rumors about this project which made SOS a native token. Thus, it was a surprise to see that funds were used as an airdrop to OpenSea users.
The Short-https://coinbreakingnews.info/ Technical Ranking evaluates a cryptocurrency’s trading over the past month. 250+ coins, Margin trading, Derivatives, Crypto loans and more. Track over 10,000 crypto prices in real-time with ease. All the stakeholders of this project community are allowed to participate in votes incorporating upgrades and changes. This aids in ensuring a democratic governance procedure; you can make non-developmental and developmental decisions even as an average blockchain user.
The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. However, it was not a free drop of tokens for owners of NFT; instead, it was done to compensate OpenSea’s scam victims. OpenDAO persuaded creators and artists to display their best work during this distribution. For the SOS token, you have to link a Web3 wallet to the website of this project. Once your wallet is connected, you become a user, and then you can get rewards based on the number of transactions and investments made on OpenSea. Since the launch of OpenDAO, we can see a great transformation in different sectors.
Showing how wealth is distributed between all holders, for example, the top 10 richest addresses hold 69.76% of all available supply. The DAO system also facilitates the holder community’s decision-making process. There are a total of 100,000,000,000,000 SOS tokens, all of which are in active circulation. The community is bullish as more than 85% of users are feeling good about OpenDAO today. Decrease from one day ago and signalling a recent fall in market activity. Tokenomics data for this coin is currently unavailable.
Over the last day, Opendao.is has had 0% transparent volume and has been trading on 1 active markets with its highest volume trading pairs being . A list of the top OpenDAO markets across all crypto exchanges based on the highest 24h trading volume, with their current price. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.