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Price
$2.75
9/25/2022, 1:55:13 AM
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Market

Market stats

Market cap

$4.3M

Volume (24h)

$346,691.57

Circulating supply

1.6M XOR

All time high

$17,573.88

Price change (1h)

-8.91%

Price change (24h)

+25.05%

Price change (7d)

+48.01%

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SORA is on the rise this week.

The price of SORA has risen by 48.01% in the past 7 days. The price increased by 25.05% in the last 24 hours. In just the past hour, the price shrunk by 8.91%. The current price is $2.745728 per XOR. SORA is 99.98% below the all time high of $17,573.88.

The current circulating supply is 1,571,229.486 XOR.

About

What Is SORA (XOR)?

SORA (XOR) is both a supranational economic system that aims to decentralize the concept of a central bank and a Polkadot ecosystem network linked to the Polkadot relay chain and the parachains with built-in DeFi tools. The SORA network provides tools for decentralized applications that utilize digital assets, bridge tokens to other blockchains, and develop programmatic rules involving digital assets. Besides Polkaswap, one of the significant applications running on the SORA network is the SORA decentralized economic system itself. The SORA network believes that it has the potential to serve the current crypto sphere and countries alike and expand into other digital worlds, such as the metaverse. (The metaverse is an idea of an online, virtual, 3D space linking users in all aspects of their lives.)

XOR is the governance token of the SORA network. The token holders have various utilities, such as:

  • Transaction fees (gas) on the SORA substrate network 

  • Elastic supply, controlled by a token bonding curve

  • Allowing holders of a specific amount to become citizens and members of the SORA parliament

  • Staking and becoming a validator on the SORA Network

  • Adding liquidity to pairs on Polkaswap

As per the website, XOR is explicitly designed to be used as a currency in any country because it lets governments make funding proposals and mint XOR for productive economic activities through a democratic process. (The term "minting" refers to the act of making or developing something. In the crypto world, minting means verifying information, making a new block, and recording that information into the blockchain.)

History of SORA (XOR)

The founder of the SORA network is Makoto Takemiya.

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FAQ

What is the current price of SORA?

The price of 1 SORA currently costs $2.75.

What is the market cap of SORA?

The current market cap of SORA is $4.33M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SORA?

The all-time high of SORA is $17,573.88. This all-time high is highest price paid for SORA since it was launched.

What is the 24 hour trading volume of SORA?

Over the last 24 hours, the trading volume of SORA is $346.69K.

What other assets are similar to SORA?

Assets that have a similar market cap to SORA include Neighbourhoods, Decimal, ETHAX, and many others. To see a full list, see our comparable market cap assets.

How many SORA are there?

The current circulating supply of SORA is 1.6 million.

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