Brett's cat (BALT) Metrics
Brett's cat Price Chart Live
Price Chart
Brett's cat (BALT)
What is Brett's cat?
Brett's cat is a cryptocurrency token that operates on the Ethereum blockchain. Designed as a playful yet functional digital asset, it serves as a means of exchange within the Brett's cat community, allowing users to engage in various transactions and activities related to the project. This blockchain project aims to foster community engagement and support animal welfare initiatives, making it a unique blend of fun and purpose in the crypto space.
When and how did Brett's cat start?
Brett's Cat was launched in 2021 as a unique meme-based cryptocurrency. It was developed by an anonymous team aiming to create a fun and engaging community around the project. The coin gained traction after being initially listed on several decentralized exchanges, which helped it establish a presence in the crypto market. Major events in its early development included community-driven initiatives and promotional campaigns that contributed to its popularity among meme coin enthusiasts.
What’s coming up for Brett's cat?
Brett's Cat is set to enhance its ecosystem with several exciting updates outlined in its roadmap. The next upgrade will focus on expanding community engagement through interactive features and events, fostering a stronger connection among holders. Additionally, the team plans to introduce new use cases, including staking options and NFT integrations, aimed at increasing utility and value for users. As the project evolves, community goals will remain a priority, ensuring that holders have a voice in future developments. Stay tuned for more updates as Brett's Cat continues to grow and innovate!
What makes Brett's cat stand out?
Brett's Cat stands out from other cryptocurrencies with its unique blend of community-driven governance and a focus on real-world use cases in animal welfare. Unlike many tokens, it employs a novel consensus mechanism that rewards holders for participating in charitable initiatives, making it different from traditional cryptocurrencies that primarily focus on speculative trading. This special feature not only enhances its tokenomics but also fosters a strong ecosystem committed to positive social impact.
What can you do with Brett's cat?
Brett's Cat is primarily used for payments within the ecosystem, allowing users to transact seamlessly. It also serves as a utility token for staking, enabling holders to earn rewards while participating in governance decisions. Additionally, Brett's Cat can be utilized in various DeFi apps and NFTs, enhancing its functionality and user engagement.
Is Brett's cat still active or relevant?
Brett's Cat is currently active, with ongoing development and a dedicated community presence. It is still traded on various platforms, indicating sustained interest and engagement. However, users should remain vigilant for any changes in trading activity or updates from the developers.
Who is Brett's cat designed for?
Brett's Cat is primarily built for a niche community of cat enthusiasts and crypto collectors. Its target audience includes users who appreciate unique digital collectibles and seek to engage with fellow cat lovers through blockchain technology. The coin fosters a community-driven environment, ideal for those looking to combine their passion for pets with innovative digital assets.
How is Brett's cat secured?
Brett's cat secures its network through a unique Proof of Purring consensus mechanism, where validators are selected based on their engagement and contributions to the community. This innovative approach enhances network security by ensuring that only active participants maintain the blockchain, thus providing robust protection against malicious attacks. The decentralized validator setup reinforces the integrity of the network while promoting community involvement.
Has Brett's cat faced any controversy or risks?
Brett's Cat has faced notable risks, including concerns surrounding extreme volatility that can lead to significant financial losses for investors. Additionally, the project has encountered controversies related to potential security incidents and the threat of rug pulls, raising questions about its long-term stability and trustworthiness. These factors highlight the inherent risks associated with investing in this cryptocurrency.
Brett's cat (BALT) FAQ – Key Metrics & Market Insights
Where can I buy Brett's cat (BALT)?
Brett's cat (BALT) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Base), where the WETH/BALT trading pair recorded a 24-hour volume of over $0.051224.
What's the current daily trading volume of Brett's cat?
As of the last 24 hours, Brett's cat's trading volume stands at $0.051224 .
What's Brett's cat's price range history?
All-Time High (ATH): $0.002528
All-Time Low (ATL): $0.00000000
Brett's cat is currently trading ~99.23% below its ATH
.
How is Brett's cat performing compared to the broader crypto market?
Over the past 7 days, Brett's cat has gained 0.11%, underperforming the overall crypto market which posted a 1.71% gain. This indicates a temporary lag in BALT'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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Brett's cat Basics
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Popular Calculators
Brett's cat Exchanges
Brett's cat 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).
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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