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Civic (CVC) today surges 98.23% after listing on Coinbase

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4 years ago

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Civic (CVC) surges 98.23% after listing on Coinbase
civic.com

Civic token today surges around 98.23% after getting listed on Coinbase. At press time the price of CVC is $0.082555 as per CoinMarketCap. The market cap and 24h traded volume for CVC is $55,312,139 USD and $167,847,759 USD respectively.

From last few months CVC was trading between $0.02 to $0.03, but soon after getting listed on Coinbase its price skyrockets. On November 6th, 2020 Coinbase announces that it will list Civic (CVC), Decentraland (MANA), and district0x (DNT) on its Web, iOS and Android apps.

The tweet by Coinbase reads as, “Civic (CVC), Decentraland (MANA), and district0x (DNT) are launching at Coinbase.com and in the iOS and Android apps within the next 15 minutes.”

Soon after the listing news, CVC token surges more than 50% on 6th Nov. However the price falls around 25% on 7th Nov and currently it’s rising from last 2 days.

CVC Token Hourly Price Chart by Binance
CVC Token Hourly Price Chart by Binance

About Civic (CVC) Token

Civic is an Ethereum token which is used to power Civic’s identity verification protocol. Identity.com owns the CVC utility token and the Identity.com marketplace. Identity.com is the leading identity-verification nonprofit providing an open-source, decentralized ecosystem.

The total circulating supply for Civic token is 670,000,000 CVC while the total supply is 1,000,000,000 CVC. The all-time high for CVC is $1.66 USD which was on Dec 25, 2017, and the all-time low was $0.010813 USD on Mar 13, 2020.

So if we see the price of CVC token then we can find that it’s almost 763.5% high from its all-time low price, however still the ROI for CVC is -48.80%.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

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Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.