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9/30/2022, 7:47:19 PM

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Immutable is on the decline this week.

The price of Immutable has fallen by 11.26% in the past 7 days. The price increased by 2.92% in the last 24 hours. In just the past hour, the price shrunk by 0.45%. The current price is $0.011107 per DARA. Immutable is 95.56% below the all time high of $0.25.

The current circulating supply is 0 DARA.


What Is Immutable (DARA)?

Immutable is a decentralized platform that uses advanced technologies to create simple products for people around the globe. Immutable aims to become a platform where people can read and write content without the fear of privacy endangerment, censorship, or expenses.

According to the whitepaper, the platform plans to achieve its goals with the help of multiple blockchain networks such as EthereumBinance Smart Chain (BSC) network, InterPlanetary File System (IPFS), and many more. Immutable also intends to host all the data on IPFS for platform users. IPFS is a peer-to-peer file distribution system that aims to provide users access of all the browsers that are available on the market without installing any additional software.

The DARA token is the native token of the Immutable which is available on the Binance Smart Chain platform. And, BEP20 is the token standard of DARA, used for creating or issuing smart contracts on the Ethereum blockchain. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In addition, DARA is aiming to build a decentralized governance system to secure the ecosystem. 

Thirty-six percent of the total token supply is distributed in public sale whereas 10% of it goes to the DAO fund. A DAO is a type of organization that developers create to automate decisions and transactions. Moreover, 15% is distributed to the advisory fund and15% to the team fund. Twenty-one percent of the total token supply is kept locked in the DARA liquidity. And lastly, the remaining 3% will be utilized in marketing and promotion. Liquidity is the conversion of an asset into traditional currency without impacting the market price.

History of Immutable (DARA)

Gigamesh is the founder of Immutable, and Louis Miles is the project director. According to the whitepaper of Immutable, the platform has a maximum total supply of 42,000,000 DARA coins. Also, the whitepaper was published on July 30, 2021.

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What is the current price of Immutable?

The price of 1 Immutable currently costs $0.0111.

What is the market cap of Immutable?

The current market cap of Immutable is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Immutable?

The all-time high of Immutable is $0.25. This all-time high is highest price paid for Immutable since it was launched.

What is the 24 hour trading volume of Immutable?

Over the last 24 hours, the trading volume of Immutable is $7.61K.

What other assets are similar to Immutable?

Assets that have a similar market cap to Immutable include Invest Like Stakeborg Index, Sportoken, Ocavu Network Token, and many others. To see a full list, see our comparable market cap assets.

How many Immutable are there?

The current circulating supply of Immutable is 0.

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