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Auto

AUTO

4.7

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Market

Market stats

Market cap

$800,847.42

Volume (24h)

$72,133.21

Circulating supply

76.5K AUTO

All time high

$13,532.25

Price change (1h)

-0.1%

Price change (24h)

-0.03%

Price change (7d)

-5.8%

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Auto is on the decline this week.

The price of Auto has fallen by 5.80% in the past 7 days. The price declined by 0.03% in the last 24 hours. In just the past hour, the price shrunk by 0.10%. The current price is $10.47 per AUTO. Auto is 99.92% below the all time high of $13,532.25.

The current circulating supply is 76,502.962 AUTO.

About

 What Is Auto (AUTO)?

AutoFarm is a decentralized application (DApp) that runs on multiple blockchain networks. According to AutoFarm, the platform seeks to help users optimize their decentralized finance (DeFi) returns at a low cost. Initiated on the Binance Smart Chain (BSC), AutoFarm is available on Polygon, Huobi ECO, Avalanche, Fantom, Celo, Harmony, etc. 

The AutoFarm platform functions as a yield farming aggregator. Yield farming refers to an investment strategy within the DeFi space, which involves lending or staking the crypto assets to receive rewards in the form of yield or transaction fees. AutoFarm seeks to offer two primary tools to help users optimize their yield – AutoFarm Vaults and AutoSwap. AutoFarm Vaults contain automated strategies that the platform aims to offer at a reasonable price to its users. 

AutoSwap is a decentralized exchange (DEX) aggregator. An aggregator is a financial protocol that helps users access multiple trading pools under one roof. AutoSwap seeks to provide better swap rates than engaging with DEXs directly, without any additional fees. Other products of the ecosystem include AutoPortfolio, AutoAnalytics, Farmfolio, etc. 

AUTO is the native cryptocurrency of the AutoFarm ecosystem. The token aims to fulfill utility functions like receiving fees from cross-chain vaults and DEX aggregators. Moreover, AUTO aims to function as the governance token of AutoFarm. Also, AutoFarm seeks to claim that AUTO is a deflationary token as the vault fees collected are burned. Token burning means sending a certain number of tokens to an inaccessible wallet account to permanently remove them from circulation. Subsequently, a deflationary token is a token that gradually reduces supply. 

History of AutoFarm (AUTO)

The AutoFarm token (AUTO) was introduced on December 15, 2020. The platform was founded by Mildgiraffe, a pseudonymous person and the CEO of AutoFarm. Similarly, the entire team of AutoFarm continues to remain anonymous. The AUTO token has a maximum total supply of 80,000 tokens, out of which 13.4% is set aside as reserves and 12.1% are reserved for the core team. About 74.5% of the tokens are available for the public. 

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Reading List

News

BeInCrypto • Oct 02, 23

Grayscale Files Application to Convert Ethereum Trust Into Spot Ethereum ETF

Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF). Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF).

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Chainlink-official • Oct 02, 23

Check Your Eligibility for Chainlink Staking v0.2: Priority Migration, Early Access, and General Access

Check your eligibility for Chainlink Staking v0.2 today with the newly launched Early Access Eligibility dApp. The post Check Your Eligibility for Chainlink Staking v0.2: Priority Migration, Early Access, and General Access appeared first on Chainlink Blog.

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Bitcoin Magazine • Oct 02, 23

Elon Musk Calls Fiat Currency A Scam

Musk's comment adds fuel to the ongoing debate about the role of Bitcoin in challenging traditional financial systems.

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Decrypt • Oct 02, 23

UBS Launches Tokenization Trial on Ethereum

The initiative is part of the Monetary Authority of Singapore's Project Guardian to tokenize real-world assets.

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MarketWatch • Oct 02, 23

Large cryptocurrencies climb on Bitcoin, Solana increases

All large cryptocurrencies were up during morning trading on Monday, with Bitcoin seeing the biggest move, rising 5.37% to $28,569.40. Solana rallied 5.31%... All large cryptocurrencies were up during morning trading on Monday, with Bitcoin seeing the biggest move, rising 5.37% to $28,569.40. Solana

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The Block • Oct 02, 23

ZeroSync implements first Stark-based ZK client for Bitcoin

ZeroSync has implemented Starkware’s zero-knowledge proofs onto Bitcoin.

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FAQ

What is the current price of Auto?

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

What is the market cap of Auto?

The current market cap of Auto is $800.85K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Auto?

The all-time high of Auto is $13,532.25. This all-time high is highest price paid for Auto since it was launched.

What is the 24 hour trading volume of Auto?

Over the last 24 hours, the trading volume of Auto is $72.13K.

What other assets are similar to Auto?

Assets that have a similar market cap to Auto include YAM V3, Shopping.io, Seascape Crowns, and many others. To see a full list, see our comparable market cap assets.

How many Auto are there?

The current circulating supply of Auto is 77 thousand.

Can I buy Auto on Coinbase?

No, Auto is not currently available on Coinbase, but you can sign up to get the latest news on Auto and be notified when it gets added to our exchange.