About SuperRare

RARE is an Ethereum token that governs the SuperRare DAO, which oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol. The RARE token allows the SuperRare platform to be community-owned with diverse curatorial voices.

Happening now

AI generated 2h ago

RARE price declined roughly

↘3%

over the past 24 hours while trading volume rose roughly

↗36%

over the past week.

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€0.01088

Trading Insights

Buyer Ratio

71%0%

Traders

14

17.65%

Buyers

10

25%

Sellers

5

44.44%

Searched

19

Market Stats

Market Cap

€8.97M

5.05%

FDV

€10.87M

Circ. Supply

825M RARE

Max Supply

1B RARE

Total Supply

1B RARE

Total Value Locked

Not enough data

Diluted Valuation

€10.87M

Performance

Popularity

#908

Dominance

0%

Volume (24H)

€7.04M

54.2%

Volume (7D)

€64.28M

Volume (30D)

€260.96M

All time high

€2.56

Price Change (1Y)

76.72%

Additional details

Market details

RARE vs markets

↘ 66.02%

RARE vs BTC

↘ 67.43%

RARE vs ETH

↘ 58.16%

Tags

marketplace

collectibles-nfts

dao

binance-listing

Network & Addresses

Network
Address

Ethereum

0xba5BDe662c17e2aDFF1075610382B9B691296350

Price history

Time
Price
Change
Today
€0.01088
-4.56%
1 Day
€0.01137
-4.92%
1 Week
€0.01096
-1.95%
1 Month
€0.01049
+5.02%
1 Year
€0.04613
-76.72%

Coinbase insights

Happening now

AI generated 2h ago

RARE price declined roughly

↘3%

over the past 24 hours while trading volume rose roughly

↗36%

over the past week.


Trading positions decline amid closures

Total trading positions declined roughly

↘5%

while the cost to maintain positions stayed around 15% per year, as forced position closures reached approximately $216M over the past 24 hours.


Volume rises despite price weakness

Trading volume rose roughly

↗36%

over the past week while the asset trailed Ethereum Ecosystem peers by roughly

↗4%

over the same period.


Selling pressure evident in trading

Sellers outnumbered buyers by 1.5x over the past day while the asset traded near its 24-hour low, sitting approximately 6% above the bottom of its daily range as of the latest snapshot.


Most supply in circulation

Roughly 83% of the total supply is currently in circulation while the asset trades approximately 99.6% below its all-time high.

Recent trends

The latest RARE price is €0.01088. Compared to SuperRare's value of €0.01 from 24 hours ago, there's been a -5% decrease, while the current price is -2% down from €0.01 which was recorded one week ago. SuperRare's all time high is €2.56, which was reached on August 29, 2021. This is a -100% change from its price today.

The current circulating supply of SuperRare is 825,476,699. This is 83% of its max supply of 1,000,000,000 RARE and 83% of its total supply of 1,000,000,000. The market cap is currently €8.97M, which is a result of multiplying the current price of SuperRare(€0.01) by the total supply(1,000,000,000 RARE). The fully diluted valuation of SuperRare is €10.87M. The diluted valuation of SuperRare is €10.87M.

SuperRare had 10 buyers, 5 sellers and total 14 trades in the last 24h. SuperRare was searched 19 times in the last 24h.

FAQ

SuperRare (RARE) is a platform for non-fungible tokens (NFTs), with a focus on digital art. It has facilitated the collection of a substantial amount of digital art and compensated artists with royalties. SuperRare 2.0, a newer version of the platform, includes features such as web-scale curation, independently running storefronts, and sovereign minting contracts. This enables artists to mint, promote, and sell their works directly to collectors. SuperRare 2.0 operates as a decentralized autonomous organization (DAO), which means the community owns and governs the network. The platform's key parameters, community treasury funds, and proposed improvements are all managed through community voting.

SuperRare operates by addressing three key challenges in the digital art ecosystem: curation and gatekeeping by a single team, limited support for artists, and fragmentation of the NFT art ecosystem. To solve these issues, SuperRare introduced Spaces, independently-run storefronts that curate art and artists, promote sales, run auctions, and collect commissions. Each Space can launch its own branded ERC-721 token and invite artists to mint NFTs with them. Additionally, self-sovereign minting contracts allow artists to deploy a custom NFT minting contract, enabling them to tokenize and sell their art as uniquely independent artists.

SuperRare seeks to offer artists a platform for direct interaction with collectors. It also offers a solution for art curators and collectors, who can run their own Spaces, curate art and artists, promote sales, and collect commissions. Each Space can launch its own branded ERC-721 token, allowing it to operate as a sovereign crypto art gallery. Furthermore, SuperRare's self-sovereign minting contracts provide artists with the opportunity to tokenize and sell their art as uniquely independent artists, offering an alternative to minting on a shared contract with other artists.

SuperRare initially functioned as a platform where the core team selected artists to mint their works on a shared smart contract as SuperRare NFTs. However, with the launch of SuperRare 2.0, the platform has begun to decentralize, shifting ownership and governance of the network to the community. SuperRare 2.0 launched on a specific date. The platform is governed by a seven-person governance council that controls the Community Treasury via a 4-of-7 multi-sig wallet. The total supply of RARE, the platform's native token, is 1 billion, with distribution to the core community, the Community Treasury, core contributors at SuperRare Labs, investors, and strategic partners.

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

The current market cap of SuperRare is €8.97M. A high market cap implies that the asset is highly valued by the market.

The all-time high of SuperRare is €2.56. This all-time high is highest price paid for SuperRare since it was launched.

Over the last 24 hours, the trading volume of SuperRare is €7.04M.

Assets that have a similar market cap to SuperRare include Lagrange, Wirex Token, XION, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of SuperRare is 825 million.

SuperRare ranks 280 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 67% of Coinbase users are buying SuperRare. In other words, 67% of Coinbase customers have increased their net position in SuperRare over the past 24 hours through trading.

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

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Social stats

Popularity in posts

#364

Contributors

92

Posts

193

% About SuperRare

0.033%

Articles

0

X (Twitter)

38.38% bullish

Sentiment

4.4 ★

Highlights

92 unique individuals are talking about SuperRare and it is ranked #364 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SuperRare has an average sentiment score of 4.4 out of 5. Finally, SuperRare is becoming less newsworthy, with 0 news articles published about SuperRare.

On Twitter, people are mostly neutral about SuperRare. There were 41.28% of tweets with bullish sentiment compared to 7.56% of tweets with a bearish sentiment about SuperRare. 58.72% of tweets were neutral about SuperRare. These sentiments are based on 185 tweets.

On Reddit, SuperRare was mentioned in 8 Reddit posts and there were 103 comments about SuperRare. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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