ASYAGRO (ASY) Metrics
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ASYAGRO (ASY)
What is ASYAGRO?
ASYAGRO (ASY) is a cryptocurrency designed to facilitate agricultural transactions and enhance the efficiency of the agricultural supply chain. It operates as a token on the Ethereum blockchain, enabling smart contracts and decentralized applications within the agri-tech sector. The ASYAGRO token is primarily used for payments, rewards, and governance within its ecosystem, promoting transparency and traceability in agricultural practices. This blockchain project aims to empower farmers and stakeholders by providing innovative solutions to common challenges in agriculture.
When and how did ASYAGRO start?
ASYAGRO (ASY) was launched in 2021 as a blockchain-based platform aimed at revolutionizing the agricultural sector. Developed by a team of experts in agriculture and technology, ASYAGRO focuses on enhancing transparency and efficiency in agricultural supply chains. The project gained traction with its initial listing on various cryptocurrency exchanges, which helped to establish its presence in the market and attract a community of supporters.
What’s coming up for ASYAGRO?
ASYAGRO (ASY) is poised for significant advancements in its roadmap, with the next upgrade scheduled for Q4 2023. This update will introduce enhanced smart contract functionalities, aiming to streamline agricultural supply chains and improve efficiency for users. The community is actively engaged in discussions about upcoming features, including a decentralized marketplace that will facilitate direct transactions between producers and consumers. As ASYAGRO continues to evolve, it aims to expand its use cases in sustainable agriculture, further solidifying its role in the agritech sector. Stay tuned for more updates as the team works towards achieving its community goals and enhancing the platform’s capabilities.
What makes ASYAGRO stand out?
ASYAGRO (ASY) stands out from other cryptocurrencies due to its unique focus on the agricultural sector, leveraging blockchain technology to enhance supply chain transparency and efficiency. Unlike many cryptocurrencies, ASYAGRO integrates real-world use cases by connecting farmers directly with consumers, thereby reducing intermediaries and ensuring fair pricing. Its special feature includes a dual-token model that incentivizes both producers and consumers, creating a robust ecosystem that promotes sustainable agricultural practices.
What can you do with ASYAGRO?
ASYAGRO (ASY) is primarily used as a utility token within the ASYAGRO ecosystem, facilitating payments for services and products. Users can stake ASY to earn rewards and participate in governance decisions, influencing the development of the platform. Additionally, ASYAGRO supports DeFi apps and NFT transactions, enhancing its utility across various digital assets.
Is ASYAGRO still active or relevant?
ASYAGRO (ASY) is currently active, with ongoing development and a committed community presence. It is still traded on various exchanges, indicating sustained interest from investors. Regular updates from the development team further demonstrate that the project is not inactive or abandoned.
Who is ASYAGRO designed for?
ASYAGRO (ASY) is primarily built for the agricultural sector, targeting farmers, agribusinesses, and investors interested in sustainable agriculture solutions. Its intended user base includes those looking to leverage blockchain technology for improved supply chain transparency, efficiency, and financial inclusion within the agricultural industry. This platform aims to foster a community of users committed to enhancing agricultural practices through innovative digital tools.
How is ASYAGRO secured?
ASYAGRO (ASY) secures its network through a unique consensus mechanism that employs Proof of Stake (PoS), ensuring robust blockchain protection. Validators within the ASYAGRO ecosystem are responsible for confirming transactions and maintaining network security, contributing to a decentralized and efficient validation process. This model enhances the overall security and integrity of the ASYAGRO blockchain.
Has ASYAGRO faced any controversy or risks?
ASYAGRO has faced significant challenges, including concerns about extreme volatility that can impact investor confidence. Additionally, the project has been scrutinized for potential risks related to security incidents, with reports of hacks that have raised alarms within the community. Legal issues surrounding the project's operations further contribute to the controversy, highlighting the need for caution among potential investors.
ASYAGRO (ASY) FAQ – Key Metrics & Market Insights
Where can I buy ASYAGRO (ASY)?
ASYAGRO (ASY) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the USDT/ASY trading pair recorded a 24-hour volume of over $73.01.
What's the current daily trading volume of ASYAGRO?
As of the last 24 hours, ASYAGRO's trading volume stands at $73.02 .
What's ASYAGRO's price range history?
All-Time High (ATH): $0.006191
All-Time Low (ATL): $0.00000000
ASYAGRO is currently trading ~97.42% below its ATH
.
How is ASYAGRO performing compared to the broader crypto market?
Over the past 7 days, ASYAGRO has gained 0.00%, underperforming the overall crypto market which posted a 1.22% gain. This indicates a temporary lag in ASY's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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ASYAGRO Basics
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ASYAGRO Exchanges
ASYAGRO Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to ASYAGRO
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|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 676 937 760 | $0.999770 | $18 211 323 096 | 78,695,023,630 | |||
| 22 | Chainlink LINK | $5 990 847 952 | $9.56 | $474 170 362 | 626,849,970 | |||
| 24 | Binance Bitcoin BTCB | $5 543 189 321 | $75 821.93 | $76 489 711 | 73,108 | |||
| 30 | MemeCore M | $4 793 809 558 | $3.71 | $21 148 717 | 1,291,207,731 | |||
| 31 | RaveDAO RAVE | $4 275 763 861 | $18.57 | $135 779 300 | 230,300,000 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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