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    Creditcoin priceCTC

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    CTC
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    1 CTC = 0.5602 USD
    Last updated 2024-11-17 14:16:49(UTC-0)
    Buy CTC

    Creditcoin price live data summary

    The live price of Creditcoin is $0.5602 per (CTC / USD) today with a current market cap of $219.66M USD. The 24-hour trading volume is $16.29M USD. CTC to USD price is updated in real time. Creditcoin is -2.60% in the last 24 hours. It has a circulating supply of 392,084,770 .

    What is the highest price of CTC?

    CTC has an all-time high (ATH) of $8.71, recorded on 2021-03-14.

    What is the lowest price of CTC?

    CTC has an all-time low (ATL) of $0.1252, recorded on 2020-03-13.
    Calculate Creditcoin profit

    Creditcoin price prediction

    When is a good time to buy CTC? Should I buy or sell CTC now?

    When deciding whether to buy or sell CTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CTC technical analysis can provide you with a reference for trading.
    According to the CTC 4h technical analysis, the trading signal is Buy.
    According to the CTC 1d technical analysis, the trading signal is Strong buy.
    According to the CTC 1w technical analysis, the trading signal is Buy.

    What will the price of CTC be in 2025?

    Based on CTC's historical price performance prediction model, the price of CTC is projected to reach $0.8801 in 2025.

    What will the price of CTC be in 2030?

    In 2030, the CTC price is expected to change by -15.00%. By the end of 2030, the CTC price is projected to reach $0.8972, with a cumulative ROI of +54.18%.

    Creditcoin ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Creditcoin (CTC)

    What Is Creditcoin?

    Creditcoin is a blockchain-based interoperable lending protocol designed to revolutionize the way credit is accessed and provided. It serves as a bridge between investors or lenders and fundraisers or borrowers, who register matching loan condition requirements. This innovative platform aims to democratize the credit market by making credit available to everyone, regardless of geographical boundaries. By recording credit transaction events immutably on the blockchain, Creditcoin significantly reduces the costs associated with verification and risk assessment. This transparency not only diminishes information asymmetry but also liberates decentralized finance (DeFi) from the constraints of over-collateralization, a common issue in traditional lending systems.

    The platform's open economy model further lowers networking costs, allowing any party to use Creditcoin for various purposes such as competing for funding, investing money, forming lending pools, or developing applications. Transactions, once agreed upon, are settled on separate blockchains. Creditcoin stands out by replacing collateral-based lending with credit-based lending, offering a unique approach in the DeFi space. It operates on a Proof of Work consensus mechanism, ensuring security and reliability within its network.

    Resources

    Whitepaper: https://docsend.com/view/2zwzxde

    Official Website: https://creditcoin.org/

    How Does Creditcoin Work?

    Creditcoin operates as a permissionless blockchain, fostering a borderless credit investment network. Its network comprises four main parties: Investors, Lending Pools, Fundraisers/Lenders, and End-User/Borrowers. Investors, ranging from individuals to large institutions, add liquidity to the market through "Ask Orders" on the blockchain, thereby earning fixed interest on pools of liquidity in fiat or crypto. Lending Pools or Money Markets are created by aggregating these ask orders, along with Gluwa Capital, to boost the DeFi lending sector.

    Fundraisers, which can be various lending institutions or organizations like NGOs, connect with the Creditcoin Blockchain using Credal, a tool that simplifies the development and deployment of applications on the platform. Borrowers, often those with limited access to traditional banking, create the demand for funds, driving the market forward. Creditcoin's unique token model, where transaction fees in CTC are locked for about a year before being returned to the user, ensures a stable and efficient transaction environment.

    An essential aspect of Creditcoin's functionality is its off-chain credit scoring system. Recognizing that no single credit model fits all scenarios and the computational intensity of credit assessment, Creditcoin leaves the credit scoring to be conducted off-chain. This approach allows for a more flexible and adaptable credit assessment process, accommodating both on-chain and off-chain data.

    What Is CTC Token?

    CTC, the mainnet token of Creditcoin, plays a pivotal role in the network's operation. It is used for transaction fees and as a reward for miners who secure the network. Each action on the Creditcoin blockchain, such as announcements or loan cycles, incurs a cost in CTC. This token model is designed to reduce uncertainty for parties transacting on Creditcoin, offering a multi-use utility token that provides long-term stability.

    The total supply of Creditcoin tokens (CTC) is capped at 2 billion, with a portion allocated for mining rewards, development, and network governance. CTC's unique feature is that transaction fees are locked on the network for approximately a year before being returned to the user, symbolizing a permanent right to use the network. Additionally, Creditcoin also uses G-CRE, an ERC20 token primarily for vesting and trading, which can be exchanged for CTC using a 1:1 swap function.

    What Determines Creditcoin’s Price?

    The price of Creditcoin (CTC), like any cryptocurrency, is influenced by a complex interplay of factors, pivotal in the volatile landscape of blockchain and digital assets. Market demand and supply dynamics play a crucial role in determining CTC's price. As investors and users engage with the Creditcoin network for lending and borrowing, the demand for CTC increases, potentially driving up its price. This demand is further influenced by the platform's adoption rate and the success of its lending model, which connects borrowers and lenders across different blockchain networks. The unique value proposition of Creditcoin in facilitating credit-based lending without the need for traditional collateral significantly impacts its attractiveness to users, thereby influencing demand.

    Another key factor is the broader cryptocurrency market trends and investor sentiment, which often dictate the price movements of individual tokens like CTC. Economic events, regulatory news, and technological advancements within the blockchain sector can cause significant fluctuations in crypto prices, including Creditcoin. Additionally, the tokenomics of CTC, particularly its fixed supply cap of 2 billion tokens and the innovative mechanism of locking transaction fees for a year, create a unique supply scenario that can affect its market value. As the blockchain and cryptocurrency sector continues to evolve, the integration of Creditcoin with other major blockchains and its effectiveness in providing a decentralized credit platform will be critical in shaping its market valuation.

    Creditcoin price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -2.60%+29.63%+38.89%+36.44%+212.05%+5511.47%

    Creditcoin price history in USD

    The price of Creditcoin is +212.05% over the last year. The highest price of CTC in USD in the last year was $1.21 and the lowest price of CTC in USD in the last year was $0.1784.
    TimeLowHigh
    24h$0.5585$0.6046
    7d$0.4324$0.6236
    30d$0.3593$0.6236
    90d$0.3593$0.6236
    1y$0.1784$1.21
    All-time$0.1252(2020-03-13, 4 years ago )$8.71(2021-03-14, 3 years ago )

    Creditcoin market information

    Market cap
    $219,659,120.88
    -2.60%
    Fully diluted market cap
    $336,140,242.08
    -2.60%
    Volume (24h)
    $16,294,592.24
    -26.26%
    Market rankings
    Circulation rate
    +71.00%
    24h volume / market cap
    0.0741
    Circulating supply
    392,084,770 CTC
    Total supply / Max supply
    549,564,264 CTC
    600,000,000 CTC
    Buy Creditcoin now

    Creditcoin Social Data

    In the last 24 hours, the social media sentiment score for Creditcoin was 3, and the social media sentiment towards Creditcoin price trend was Bullish. The overall Creditcoin social media score was 0, which ranks 401 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Creditcoin being mentioned with a frequency ratio of 0.01%, ranking 341 among all cryptocurrencies.

    In the last 24 hours, there were a total of 167 unique users discussing Creditcoin, with a total of Creditcoin mentions of 54. However, compared to the previous 24-hour period, the number of unique users increase by 3%, and the total number of mentions has increase by 157%.

    On Twitter, there were a total of 1 tweets mentioning Creditcoin in the last 24 hours. Among them, 0% are bullish on Creditcoin, 0% are bearish on Creditcoin, and 100% are neutral on Creditcoin.

    On Reddit, there were 2 posts mentioning Creditcoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 33% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#401)
    Social contributors (24h)
    167
    +3%
    Social media mentions (24h)
    54(#341)
    +157%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    1
    0%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    2
    -33%
    Reddit comments (24h)
    0
    0%

    How to buy Creditcoin(CTC)

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    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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    Verify your identity by entering your personal information and uploading a valid photo ID.
    Buy Creditcoin (CTC)

    Buy Creditcoin (CTC)

    Use a variety of payment options to buy Creditcoin on Bitget. We'll show you how.

    Join CTC copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or CTC tokens, you can also start copy trading by following elite traders.

    FAQ

    What is the current price of Creditcoin?

    The live price of Creditcoin is $0.56 per (CTC/USD) with a current market cap of $219,659,120.88 USD. Creditcoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Creditcoin's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Creditcoin?

    Over the last 24 hours, the trading volume of Creditcoin is $16.29M.

    What is the all-time high of Creditcoin?

    The all-time high of Creditcoin is $8.71. This all-time high is highest price for Creditcoin since it was launched.

    Can I buy Creditcoin on Bitget?

    Yes, Creditcoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Creditcoin guide.

    Can I get a steady income from investing in Creditcoin?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Creditcoin with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Creditcoin (CTC)?

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    Cryptocurrency investments, including buying Creditcoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Creditcoin, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Creditcoin purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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