EGG (SOL) (EGG) Metrics
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EGG (SOL) (EGG)
What is EGG (SOL)?
EGG (SOL) is a cryptocurrency token that operates on the Solana blockchain. Designed to facilitate various decentralized applications, the EGG (SOL) token is primarily used for governance and transaction fees within its ecosystem. This blockchain project aims to enhance user engagement and incentivize participation in decentralized finance (DeFi) initiatives, making it a versatile asset in the growing crypto landscape.
When and how did EGG (SOL) start?
EGG (SOL) was launched in 2021 as a part of the Solana ecosystem, aiming to enhance the decentralized finance (DeFi) landscape. The project was developed by a team of blockchain enthusiasts and developers dedicated to creating innovative financial solutions. EGG initially gained traction after being listed on several exchanges, which helped to increase its visibility and adoption within the crypto community. Its early development was marked by community engagement and strategic partnerships that further solidified its position in the market.
What’s coming up for EGG (SOL)?
The EGG (SOL) project is set to enhance its ecosystem with the upcoming roadmap update, which includes the integration of advanced DeFi features and NFT capabilities. Community goals focus on expanding user engagement through educational initiatives and collaborative events, fostering a stronger network of supporters. Additionally, the next upgrade aims to improve transaction efficiency and scalability, positioning EGG (SOL) for broader adoption and innovative use cases in the decentralized finance landscape. As the project evolves, it is expected to leverage partnerships that will enhance its utility and drive further expansion.
What makes EGG (SOL) stand out?
EGG (SOL) distinguishes itself from other cryptocurrencies through its unique integration with the Solana blockchain, leveraging its high throughput and low transaction costs for enhanced scalability. A standout feature of EGG is its innovative tokenomics, which incentivizes community participation and rewards users for engaging with real-world use cases in decentralized finance and gaming ecosystems. Compared to other tokens, EGG's focus on interoperability within the Solana ecosystem further enhances its utility and adoption potential.
What can you do with EGG (SOL)?
EGG (SOL) is a utility token primarily used for payments within the Egg ecosystem, enabling seamless transactions across various platforms. Additionally, users can participate in staking to earn rewards, engage with DeFi apps for yield farming, and access exclusive NFTs. Governance features allow token holders to influence decisions within the protocol, enhancing community involvement.
Is EGG (SOL) still active or relevant?
EGG (SOL) is currently active, with trading activity still occurring on various platforms. Development is ongoing, and the project maintains an engaged community presence. It is not considered an inactive or abandoned project, as updates and interactions suggest a commitment to its growth and sustainability.
Who is EGG (SOL) designed for?
EGG (SOL) is primarily built for a community of gamers and DeFi users, aiming to enhance the gaming experience through blockchain integration. Its target audience includes developers looking to create innovative gaming solutions and investors seeking opportunities in the growing intersection of gaming and decentralized finance. EGG fosters a vibrant ecosystem that encourages participation and engagement from its users.
How is EGG (SOL) secured?
EGG (SOL) utilizes a Proof of Stake (PoS) consensus mechanism to secure its network, ensuring efficient transaction validation and energy conservation. Validators are selected based on the amount of EGG tokens they hold and are willing to "stake," which enhances blockchain protection by incentivizing honest participation. This model not only strengthens network security but also promotes decentralization and scalability within the ecosystem.
Has EGG (SOL) faced any controversy or risks?
EGG (SOL) has faced significant risks including extreme volatility, which can lead to substantial financial losses for investors. Additionally, the project has been associated with controversies surrounding potential rug pulls and security incidents that raise concerns about its long-term viability. As with many cryptocurrencies, legal issues may also arise, adding to the uncertainty surrounding EGG (SOL).
EGG (SOL) (EGG) FAQ – Key Metrics & Market Insights
Where can I buy EGG (SOL) (EGG)?
EGG (SOL) (EGG) is widely available on centralized cryptocurrency exchanges. The most active platform is Raydium, where the EGG/SOL trading pair recorded a 24-hour volume of over €37.92. Other exchanges include Meteora and Meteora.
What’s the current daily trading volume of EGG (SOL)?
As of the last 24 hours, EGG (SOL)'s trading volume stands at €80.73 , showing a 17.85% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s EGG (SOL)’s price range history?
All-Time High (ATH): €0.000806
All-Time Low (ATL): €0.00000318
EGG (SOL) is currently trading ~99.57% below its ATH
and has appreciated +12% from its ATL.
How is EGG (SOL) performing compared to the broader crypto market?
Over the past 7 days, EGG (SOL) has declined by 3.91%, underperforming the overall crypto market which posted a 0.76% gain. This indicates a temporary lag in EGG's price action relative to the broader market momentum.
Trends Market Overview
#2753
150.04%
#1892
145.92%
#283
70.54%
#1573
42.93%
#1027
41.88%
#544
-49.98%
#2524
-45.07%
#2987
-29.68%
#1715
-26.14%
#903
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#1
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#8555
no data
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EGG (SOL) Basics
| Started |
26 December 2023
about 1 year ago |
|---|
| Website | eggsol.org |
|---|
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | solscan.io |
|---|
| Tags |
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|---|
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Popular Calculators
EGG (SOL) Exchanges
EGG (SOL) 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 EGG (SOL)
- usd
- eur
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 7 | USDC USDC | €65,511,401,574.00 | €0.863504 | €8,684,717,376.00 | 75,866,942,293 | |||
| 13 | WETH WETH | €12,584,409,111.00 | €3,341.68 | €293,022,468.00 | 3,765,896 | |||
| 14 | Wrapped Bitcoin WBTC | €12,460,486,817.00 | €94,989.15 | €126,673,650.00 | 131,178 | |||
| 18 | Chainlink LINK | €9,264,850,323.00 | €14.78 | €400,753,028.00 | 626,849,970 | |||
| 26 | Usds USDS | €6,810,962,135.00 | €0.863376 | €35,770,124.00 | 7,888,752,944 |
EGG (SOL) Liquidity
| EGG Price | €0.00000344 -0.22% |
|---|---|
| 24h Volume | €80.73 -17.85% |
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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