ImmortalDAO (IMMO)
ImmortalDAO (IMMO)
0.331992 0.61 %
Rank # 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 0.00
Total Supply 9,235.00
Max Supply 9,235.00
  • Ethereum celo-0xe685d21b7b0fc7a248a6a8e03b8db22d013aa2ee
  Week Month Year All Time
High

08-02-2024

0.408234116051
-18.68%

06-02-2024

0.419443914374
-20.85%

14-01-2024

0.42307312135
-21.53%

21-01-2022

₹5,730,800.59
-99.81%
Low

14-12-2024

0.331992
0.00%

14-12-2024

0.331992
0.00%

16-12-2023

0.00610353
5,339.34%

03-03-2024

₹5,628.29
5,339.35%

ImmortalDAO News (Immo News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

ImmortalDAO Chart (Immo Chart)

ImmortalDAO Price USD (Immo Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
ImmortalDAO Price History (Immo Price History)
Price Market Cap Volume Date
ImmortalDAO (IMMO) Social Media
Coin ImmortalDAO
Comments
ImmortalDAO Price Today (Immo Price Today)
Immortal is a decentralized reserve currency protocol on Celo blockchain based on the IMMO token. Each IMMO token is backed by a basket of assets (e.g. mcUSD) in the Immortal treasury, giving it an intrinsic value that it cannot fall below. Immortal also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. ImmortalDAO is also considered an algorithmic currency protocol with the goal of becoming a stable crypto-native currency within the Celo ecosystem. Though sometimes called an algorithmic stablecoin, ImmortalDAO is more akin to a central bank since it uses reserve assets like mcUSD to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between IMMO and stablecoins like USDC is that IMMO is backed but not pegged to a particular price. Technically, the price floor for IMMO is 1 mcUSD, but practically a premium and the treasury value is added to the price. IMMO differs from other algorithmic stablecoins like Ampleforth (AMPL) because it issues IMMO to buy mcUSD and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and ImmortalDAO Finance allows its token to float. IMMO is the native utility token that is used for staking and bonding on our decentralised Application (https://www.immortaldao.finance/) as well as governance votes to determine how network resources are allocated. Also read: IDypius Idyp Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of ImmortalDAO (IMMO) is USD 0.331992
24 Hours, High Price of ImmortalDAO (IMMO) is USD 0.334689 and Low price of ImmortalDAO (IMMO) is USD 0.328588
The total supply of ImmortalDAO (IMMO) is 9235 and Circulating supply of ImmortalDAO (IMMO) is 0.00
The trading volume of ImmortalDAO (IMMO) is 80099 In the last 24 hours