Curve DAO Token (CRV) Price Down 17% Over Last Week

Curve DAO Token (CRV) traded up 5.3% against the US dollar during the 1 day period ending at 13:00 PM Eastern on October 4th. One Curve DAO Token token can currently be purchased for about $0.26 or 0.00000424 BTC on major cryptocurrency exchanges. Curve DAO Token has a total market capitalization of $317.21 million and $88.89 million worth of Curve DAO Token was traded on exchanges in the last day. Over the last week, Curve DAO Token has traded 17% lower against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 7.1% higher against the dollar and now trades at $0.0380 or 0.00000062 BTC.
• P2P Solutions foundation (P2PS) traded 4.7% higher against the dollar and now trades at $157.32 or 0.00252862 BTC.

About Curve DAO Token

Curve DAO Token launched on August 13th, 2020. Curve DAO Token’s total supply is 2,176,759,106 tokens and its circulating supply is 1,203,085,411 tokens. The official website for Curve DAO Token is www.curve.fi. The Reddit community for Curve DAO Token is https://reddit.com/r/curvedao and the currency’s Github account can be viewed here. Curve DAO Token’s official Twitter account is @curvefinance and its Facebook page is accessible here.

According to CryptoCompare, “Curve DAO Token (CRV) is the governance token of the Curve Finance protocol, used to incentivize liquidity providers and engage more users in the governance of the protocol. CRV is used for voting, staking and boosting, allowing users to acquire voting power and earn a boost of up to 2.5x on the liquidity they provide. CRV holders can stake their CRV to receive trading fees from the Curve protocol, and 50% of the trading fees are distributed to veCRV holders. Curve Finance was created by Michael Egorov, the CTO of NuCypher, a computer and network security company. Curve Finance is an automated market maker protocol designed to facilitate the swapping of tokens with low fees and slippage, and its pricing formula is designed to minimize slippage as much as possible. The max supply of CRV is 3.03b and was officially launched on the 13th of August 2020.”

Buying and Selling Curve DAO Token

It is usually not possible to purchase alternative cryptocurrencies such as Curve DAO Token directly using U.S. dollars. Investors seeking to acquire Curve DAO Token should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Curve DAO Token using one of the exchanges listed above.

CRV/USD price chart by TradingView