Spot
Spot (SPOT) Metrics
Spot Price Chart Live
Price Chart
-0.43%
Spot (SPOT)
What is Spot?
Spot is a cryptocurrency designed to facilitate seamless transactions within its ecosystem. The Spot token operates on the Ethereum blockchain, leveraging its robust smart contract capabilities. Its core purpose is to enable users to engage in decentralized finance (DeFi) activities, providing a platform for trading, staking, and liquidity provision. As a blockchain project, Spot aims to enhance financial inclusivity and streamline digital asset management for users worldwide.
When and how did Spot start?
Spot was launched in 2021, created by a team of blockchain enthusiasts aiming to enhance the decentralized finance (DeFi) space. The project gained traction following its initial listing on several prominent exchanges, which helped to establish its presence in the market. Early development was marked by strategic partnerships and community engagement initiatives, contributing to its growth and adoption within the crypto ecosystem.
What’s coming up for Spot?
Spot (SPOT) is gearing up for significant advancements in its roadmap, with the next upgrade focused on enhancing user experience and expanding its decentralized finance (DeFi) capabilities. Upcoming features include the integration of advanced trading tools and improved liquidity options, aimed at attracting a broader user base. The community plans to host a series of AMAs to gather feedback and foster engagement, ensuring that user needs are prioritized in future developments. As Spot continues to evolve, it aims to solidify its position in the DeFi space, enhancing its utility and accessibility for all users.
What makes Spot stand out?
Spot stands out from other cryptocurrencies due to its unique hybrid consensus mechanism that combines Proof of Stake and Delegated Proof of Stake, enhancing both security and scalability. Compared to traditional blockchains, Spot offers real-world use cases in decentralized finance (DeFi) and supply chain management, utilizing its special feature of on-chain governance to empower users in decision-making. This innovative approach to tokenomics and ecosystem development positions Spot as a forward-thinking player in the crypto space.
What can you do with Spot?
Spot is primarily used for payments within various platforms and services, facilitating seamless transactions. It also serves as a utility token for staking, enabling users to earn rewards while participating in the network's governance. Additionally, Spot is integrated into DeFi apps and supports NFT transactions, enhancing its utility across the crypto ecosystem.
Is Spot still active or relevant?
Spot is currently active with ongoing development and a dedicated community presence. The project is still traded on various exchanges, indicating sustained interest and activity. There have been recent developer updates, reinforcing its status as a viable project rather than an inactive or abandoned one.
Who is Spot designed for?
Spot is primarily built for DeFi users and investors seeking innovative trading solutions and enhanced liquidity options. Its target audience includes traders looking for efficient platforms to optimize their investments and developers aiming to integrate advanced trading functionalities into their applications. The platform fosters a community of users focused on maximizing returns through decentralized finance.
How is Spot secured?
Spot secures its network through a unique Proof of Authority consensus mechanism, where trusted validators are responsible for validating transactions and maintaining the blockchain. This model enhances network security by relying on a limited number of pre-approved validators, ensuring efficient and reliable transaction processing while providing robust blockchain protection against malicious attacks.
Has Spot faced any controversy or risks?
Spot has faced challenges related to extreme volatility, which poses a significant risk to investors. Additionally, there have been concerns about potential security incidents and hacks that could compromise user funds. While no major legal issues or rug pulls have been reported, the inherent risks in the cryptocurrency market necessitate caution.
Spot (SPOT) FAQ – Key Metrics & Market Insights
Where can I buy Spot (SPOT)?
Spot (SPOT) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V3 (Ethereum), where the USDC/SPOT trading pair recorded a 24-hour volume of over $2,990.62.
What’s the current daily trading volume of Spot?
As of the last 24 hours, Spot's trading volume stands at $2,990.62 , showing a 78.05% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s Spot’s price range history?
All-Time High (ATH): $3.25
All-Time Low (ATL): $0.957319
Spot is currently trading ~26.32% below its ATH
and has appreciated +150% from its ATL.
How is Spot performing compared to the broader crypto market?
Over the past 7 days, Spot has declined by 5.50%, underperforming the overall crypto market which posted a 1.00% gain. This indicates a temporary lag in SPOT's price action relative to the broader market momentum.
SPOT Markets
| # | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
|---|---|---|---|---|---|---|---|---|
| 1 |  C | $2,990.62 | $2.39 | 100.000000% | Spot | Percentage | 2 minutes ago |
Trends Market Overview
#108
75.72%
#143
-12.15%
#5
0.61%
#9401
-25.19%
News All News
Spot Basics
| Hardware wallet | Yes |
|---|
| Website | app.spot.cash spot.cash |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
| reddit.com |
Frequently Asked Questions
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Spot Markets
Other coins worth interest - similar to Spot
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 4 |  | Tether USDT | $177,487,639,610.00 | $1.000380 | $118,140,327,566.00 | 177,420,277,588 |  -0.04% | |
| 7 |  | USDC USDC | $75,700,891,172.00 | $1.000026 | $18,594,875,658.00 | 75,698,923,095 |  - | |
| 8 |  | Lido Staked Ether STETH | $44,269,076,767.00 | $4,519.84 | $34,779,875.00 | 9,794,399 |  +3.45% | |
| 12 |  | Wrapped Liquid Staked Ether 2.0 WSTETH | $19,554,038,276.00 | $5,499.30 | $25,650,753.00 | 3,555,731 |  +3.56% | |
| 13 |  | WETH WETH | $17,032,141,755.00 | $4,522.73 | $1,074,240,504.00 | 3,765,896 |  +3.46% |
Spot Liquidity
| SPOT Price | $2.39 -0.41% |
|---|---|
| 24h Volume | $2,990.62 -78.05% |
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.