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Coin98

C98

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

About Coin98

C98 is an Ethereum token that powers Coin98, a DeFi platform for swapping tokens, staking, lending, and more. C98 is used to pay for transactions on Coin98, can be staked to incentivize liquidity, and can be used to vote on the future of the platform. Note: Coinbase only supports C98 on the Ethereum blockchain (ERC-20).

Coin98 (C98) is a decentralized finance (DeFi) solution that strives to provide users with access to a variety of financial services across multiple blockchains. The platform is composed of several products including Coin98 Wallet, Coin98 Exchange, and Space Gate. The Coin98 Wallet aims to store, send, receive, and manage crypto assets, and it seeks to support over 40 blockchains. The Coin98 Exchange is a multi-chain liquidity aggregator that aims to support assets across a variety of blockchains. Space Gate is a cross-chain bridge that aims to facilitate swapping and transferring values across multiple networks. The C98 token is the native utility token of the Coin98 platform and is used for service fees, staking incentives, governance, and unique membership rights.

Coin98 operates through a suite of products that strive to bridge traditional finance users to DeFi services on multiple blockchains. The Coin98 Wallet aims to allow users to manage their crypto assets and connect to numerous decentralized applications (dApps) on multiple blockchains. The Coin98 Exchange, a multi-chain liquidity aggregator, aims to support assets across a variety of blockchains, enabling users to swap and transfer values across different networks. The Space Gate, a cross-chain bridge, aims to facilitate the swapping and transferring of values across multiple networks. The C98 token, the native utility token of the Coin98 platform, is used for various purposes including paying service fees, staking incentives, governance, and unique membership rights.

Coin98 strives to serve as a gateway for traditional finance users to access DeFi services on multiple blockchains. It aims to provide a platform for users to store, send, receive, and manage their crypto assets. It also aims to allow users to connect to numerous dApps on multiple blockchains. The Coin98 Exchange aims to enable users to swap and transfer values across different networks, providing an experience for users to interact with different blockchains. The C98 token can be used to pay for service fees, as staking incentives, for governance, and for unique membership rights. In the future, Coin98 plans to develop a launchpad, a lending and borrowing platform, a megafarm, a derivatives market, and an NFT marketplace.

Coin98 was co-founded by Thanh Le and Vinh The Nguyen. Thanh Le is a serial entrepreneur and an early investor in several blockchain projects, while Vinh The Nguyen is the co-founder of Kytek Software, a company that reviews and builds applications. Coin98 was launched as a project in July 2021. The platform has since developed a suite of products including Coin98 Wallet, Coin98 Exchange, and Space Gate, and has plans to further expand its offerings in the future. The C98 token, the native utility token of the Coin98 platform, has a circulating supply of 185,000,000, which is the same as the total supply, and a maximum supply of 1,000,000,000.

Market

United Kingdom Market Stats

Market cap

£170.2M

Volume (24h)

£5.4M

Circulating supply

753.3M C98

Typical hold time

14 days

Popularity

#273

All time high

£4.09

Price change (1h)

-1.24%

Price change (24h)

-2.56%

Price change (7d)

-4.03%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Coin98

The Block • Apr 29, 24

May preview: $1.25 billion Pyth unlock leads major token unlocks from Avalanche, Aptos, Arbitrum, and more

Here are all the crypto projects are unlocking hundreds of millions of dollars worth of tokens in the month of May.

Read more

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CoinDesk • Apr 28, 24

Protocol Village: Natix, Crowdsourced Camera Network With Web3 Incentives, Secures $9.6M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.

Read more

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BeInCrypto • Apr 28, 24

Ethereum Prices Soar as Transaction Fees Hit Six-Month Low

Ethereum emerged as the top-performing digital asset of the week, with its price increasing by over 6%, coinciding with a significant drop in gas fees.The post Ethereum Prices Soar as Transaction Fees Hit Six-Month Low appeared first on BeInCrypto.

Read more

News Article Image

The Block • Apr 28, 24

BlackRock’s $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund’s board

Haswell has years of crypto experience at Blockchain.com, MoonPay, and as a founding team member of the Core blockchain.

Read more

News Article Image

BeInCrypto • Apr 28, 24

Four Reasons Why Ethereum Is Not a Security: Consensys

Amidst SEC scrutiny, Consensys defends Ethereum's non-security status, citing historical views, regulatory consistency, and its decentralized, open protocol nature.The post Four Reasons Why Ethereum Is Not a Security: Consensys appeared first on BeInCrypto.

Read more

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BeInCrypto • Apr 28, 24

Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React?

Shibarium's forthcoming upgrade on May 2 aims to enhance transaction efficiency and stability, promising a bullish outlook for SHIB's market performance.The post Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React? appeared first on BeInCrypto.

Read more

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Social

Some highlights about Coin98 on social media

150 unique individuals are talking about Coin98 and it is ranked #539 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Coin98 has an average sentiment score of 3.2 out of 5. Finally, Coin98 is becoming more newsworthy, with 0 news articles published about Coin98. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Coin98. There were 27.59% of tweets with bullish sentiment compared to 9.2% of tweets with a bearish sentiment about Coin98. 63.22% of tweets were neutral about Coin98. These sentiments are based on 87 tweets.

On Reddit, Coin98 was mentioned in 16 Reddit posts and there were 36 comments about Coin98. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Overview

Contributors

150 people

Volume rank

#539

Average Sentiment

3.2 out of 5

Twitter

Reddit

Posts

16

Comments

36

Post Score

18

Comment Score

20

Coin98 is on the decline this week.

The price of Coin98 has decreased by 1.24% in the last hour and decreased by 2.56% in the past 24 hours. Coin98’s price has also fallen by 4.03% in the past week. The current price is £0.23 per C98 with a 24-hour trading volume of £5.42M. Currently, Coin98 is valued at 94.44% below its all time high of £4.09. This all-time high was the highest price paid for Coin98 since its launch.

The current circulating supply of Coin98 is 753,333,222 C98 which means that Coin98 has as total market cap of 753,333,222.

FAQ

What is the current price of Coin98?

We update our Coin98 to GBP currency in real-time. Get the live price of Coin98 on Coinbase.

What is the market cap of Coin98?

The current market cap of Coin98 is £170.21M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Coin98?

The all-time high of Coin98 is £4.09. This all-time high is highest price paid for Coin98 since it was launched.

What is the 24 hour trading volume of Coin98?

Over the last 24 hours, the trading volume of Coin98 is £5.42M.

What other assets are similar to Coin98?

Assets that have a similar market cap to Coin98 include yearn.finance, Beldex, Oasys, and many others. To see a full list, see our comparable market cap assets.

How many Coin98 are there?

The current circulating supply of Coin98 is 753 million.

What is the typical holding time of Coin98?

The median time that Coinbase customers hold Coin98 before selling it or sending it to another account or address is 14 days.

What is the relative popularity of Coin98?

Coin98 ranks 243 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Coin98?

Currently, 38% of Coinbase users are buying Coin98. In other words, 38% of Coinbase customers have increased their net position in Coin98 over the past 24 hours through trading.

Can I buy Coin98 on Coinbase?

Yes, Coin98 is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Coin98 guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024