| General information | |
|---|---|
| Global rank: | 73 |
| Name: |
Core |
| Symbol: | CORE |
| Current coin price (MGA): | 4 672.71 Ar |
| Last hour: | arrow_upward1.62 % |
| Last 24 hours: | arrow_downward-5.22 % |
| Last 7 days: | 0.860 %trending_up |
| Capitalisation (MGA): | 4 264 829 670 863.83 Ar |
| Volume 24h (MGA): | 167 826 821 434.00 Ar |
| Available supply: | 912 710 465.00 CORE |
| Total coin supply: | 2 100 000 000.00 CORE |
| Start date: | 2023-01-09 |
Core/Malagasy Ariary (CORE/MGA) price chart
Core/Malagasy Ariary (CORE/MGA) capitalisation and volume charts
Core (CORE) is a token built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin’s mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
The CORE token serves several purposes. Firstly, it serves as the native token of the Core blockchain, allowing users to pay for transactions, interact with smart contracts, and participate in governance decisions. Secondly, it serves as a means of incentivizing validators and developers to secure and improve the Core network.