About Band Protocol
Band is a cryptocurrency that describes itself as “a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts.” Band allows blockchains to access data, such as stock prices and weather, that are available via API. Note: Coinbase only supports the Band token running on Ethereum (ERC-20).
Trading Insights
Buyer Ratio
Traders
37
15.63%
Buyers
13
30%
Sellers
24
0%
Searched
20
Market Stats
Market Cap
£28.72M
1.68%
FDV
£28.72M
Circ. Supply
175M BAND
Max Supply
Not enough data
Total Supply
175M BAND
Diluted Valuation
£28.73M
Performance
Popularity
#464
Dominance
0%
Volume (24H)
£3.21M
39.19%
Volume (7D)
£32.36M
Volume (30D)
£95.44M
All time high
£17.03
Price Change (1Y)
Not enough data
71.12%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Band Protocol has decreased by 1.11% in the last hour and decreased by 1.33% in the past 24 hours. Band Protocol’s price has also risen by 10.30% in the past week. The current price is £0.1648 per BAND with a 24-hour trading volume of £3.21M. Currently, Band Protocol is valued at 99.03% below its all time high of £17.03. This all-time high was the highest price paid for Band Protocol since its launch.
The current circulating supply of Band Protocol is 175,181,040.297 BAND which means that Band Protocol has as total market cap of £28,716,132.84.
Market details
BAND vs markets
↘ 69.85%
BAND vs BTC
↘ 66.79%
BAND vs ETH
↘ 80.83%
Tags
defi
oracles
binance-chain
binance-launchpad
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xBA11D00c5f74255f56a5E366F4F77f5A186d7f55 | |
BNB Smart Chain | 0xAD6cAEb32CD2c308980a548bD0Bc5AA4306c6c18 | |
Fantom | 0x46E7628E8b4350b2716ab470eE0bA1fa9e76c6C5 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.1648 | |
1 Day | £0.1666 | |
1 Week | £0.1487 | |
1 Month | £0.1672 | |
1 Year | £0.5806 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#508
Contributors
11
Posts
11
% About Band Protocol
0.024%
Articles
0
X (Twitter)
50% bullish
Sentiment
4.6 ★
Highlights
11 unique individuals are talking about Band Protocol and it is ranked #508 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Band Protocol has an average sentiment score of 4.6 out of 5. Finally, Band Protocol is becoming less newsworthy, with 0 news articles published about Band Protocol.
On Twitter, people are mostly bullish about Band Protocol. There were 100% of tweets with bullish sentiment compared to 100% of tweets with a bearish sentiment about Band Protocol. 0% of tweets were neutral about Band Protocol. These sentiments are based on 2 tweets.
On Reddit, Band Protocol was mentioned in 6 Reddit posts and there were 21 comments about Band Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
