Indigo Protocol (INDY) Price

#1089

$1.370

12.05%24h
- 0.1882$
$1.360 $1.580
24h Change Range

Market Cap

$22.6M+
12.11%

Volume (24h)

$165.7K+

F.D Valuation

48.0M+

Circulating Supply

16.5M+

Total Supply (Est.)

35.0M+

Max. Supply

35.0M
Indigo Protocol Information

Official Website

indigoprotocol.io
Indigo Protocol Website

Indigo Protocol (INDY) Wallet

Contract Address

Block Explorers

Main Chain

Platforms

Indigo Protocol (INDY) Historical Market

24 Price Range

-

All-Time High

$4.500 69.54%
7/14/2023 12:19 AM

All-Time Low

$0.3706 270.12%
Sep 18 2024

Indigo Protocol Chart

Indigo Protocol (INDY) Live Market Details and Information

What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.

FAQs About Indigo Protocol (INDY)

The current price of 1 Indigo Protocol (INDY) in USD is $1.370. This price is currently -69.54% than its all-time high (ATH) of $4.500, and 270.12% than its all-time low (ATL) of $0.3706.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions, investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Indigo Protocol’s price.

The market capitalization of Indigo Protocol (INDY) is $22,608,911.00 as of today.
Indigo Protocol (INDY) is currently ranked #1089 in the market, and this market cap is calculated by multiplying the current price of Indigo Protocol with the circulating supply.
The circulating supply of Indigo Protocol (INDY) is 16,461,015, meaning there are 16,461,015 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Indigo Protocol (INDY) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Indigo Protocol (INDY)’s official platforms.

The trading volume of Indigo Protocol (INDY) today is $165,674.00. This represents the total value of Indigo Protocol (INDY) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token. As of now, Indigo Protocol (INDY) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.

The trading volume metric, which plays a vital role in market assessment, reveals the extent of Indigo Protocol's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.

Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Indigo Protocol (INDY) to make well-informed trading decisions.

The all-time high (ATH) price of Indigo Protocol (INDY) is $4.500. This ATH was reached on 14 Jul 2023, marking the highest value ever for Indigo Protocol (INDY) in the market. Currently, Indigo Protocol is lower than its ATH by -69.54%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Indigo Protocol, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.

The all-time low (ATL) price of Indigo Protocol (INDY) is $0.3706. This ATL was reached on 18 Sep 2024, marking the lowest value ever for Indigo Protocol (INDY). Currently, Indigo Protocol is higher than its ATL by 270.12%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Indigo Protocol (INDY), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Indigo Protocol (INDY), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Indigo Protocol (INDY) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Indigo Protocol against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Indigo Protocol.
4. Place an Order: After funding your account, navigate to the Indigo Protocol (INDY) trading pair (e.g., Indigo Protocol/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Indigo Protocol in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Indigo Protocol (INDY).

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