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Price
$0.21
9/30/2022, 11:45:53 PM
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Market

Market stats

Market cap

$36.7M

Volume (24h)

$788,399.28

Circulating supply

175.5M QRDO

All time high

$9.77

Price change (1h)

+0.11%

Price change (24h)

-1.05%

Price change (7d)

-0.16%

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Qredo is on the decline this week.

The price of Qredo has fallen by 0.16% in the past 7 days. The price declined by 1.05% in the last 24 hours. In just the past hour, the price grew by 0.11%. The current price is $0.209432 per QRDO. Qredo is 97.86% below the all time high of $9.77.

The current circulating supply is 175,480,662.059 QRDO.

About

What Is Qredo (QRDO)?

The website says that Qredo is authorizing technology to make the digital asset business of the future and carry a stake in it. Any single party cannot hold Qredo protocol and code, as the token's core is a community. Qredo network is driven by an open and distributed web of Qredo validators that use multiparty computation (MPC) protocols. These protocols manage the market activity of users, authenticate transactions, and vote on the new blocks. 

As per the whitepaper, Qredo's network is created to address the hurdles established financial firms face while joining the DeFi space and delivering an open protocol that continuously revises the capability with the help of its DAO and community. Qredo seeks to offer a Layer 2/Layer 3 decentralized infrastructure with programmable management to promote asset custodian acceptance or allow easy self-custody for digital asset dealers looking for good class digital asset control.  

The critical point is that Qredo is not dangerous for digital assets' centralized custodian's business standards. Qredo aims to give an option for centralized custodians to expand the business and sustain relevancy as the world adopts the decentralized infrastructure. The centralized custodians use an existing architecture to handle Qredo clients, which develop custodian consent transactions and present customized programmable governance flows to the customers.  

Furthermore, Qredo developers work with a 'network is the vault' layout ethos in mind. Instead of storing ownership data in a centralized database, the token's protocol aims to support asset ownership privileges on a decentralized ledger. Therefore, the conclusion is that a decentralized ledger seeks to ensure the data is stored in a safe and secured place and cannot be modified in any case.  

The governance officers can seek to get operational confidence that business assets are secure because the compliance regulations that control trade flows are written into Qredo's blockchain. The action is similar to the ownership information, thereby seeking to provide more data integrity by utilizing an immutable and durable data store. 

History of Qredo (QRDO)

Anthony Foy is the CEO of the token. Foy is a serial entrepreneur and digital veteran with 20+ years of experience in VC- backed development companies. 

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FAQ

What is the current price of Qredo?

The price of 1 Qredo currently costs $0.21.

What is the market cap of Qredo?

The current market cap of Qredo is $36.74M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Qredo?

The all-time high of Qredo is $9.77. This all-time high is highest price paid for Qredo since it was launched.

What is the 24 hour trading volume of Qredo?

Over the last 24 hours, the trading volume of Qredo is $788.40K.

What other assets are similar to Qredo?

Assets that have a similar market cap to Qredo include Orion Protocol, YooShi, Astrafer, and many others. To see a full list, see our comparable market cap assets.

How many Qredo are there?

The current circulating supply of Qredo is 175 million.

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