$CHR about CHR Coin (Chromia), here are some basic information and market performance:
• Project Introduction:
• Chromia is a blockchain platform aimed at solving the scalability issues of decentralized applications (dApps). The platform consists of a relational blockchain network that allows dApps to be written in a way familiar to developers, whether they are large enterprise applications, games, or small projects.
• Chromia is both a blockchain and a relational database, meaning that dApps can be written in a way familiar to global developers.
• Each blockchain in Chromia is associated with a set of validator nodes that run a Byzantine Fault Tolerance (BFT) consensus algorithm.
• Chromia enhances network consensus by anchoring transaction history to a Proof of Work (PoW) blockchain.
• CHR Token Application:
• CHR is the native token of the Chromia platform, issued on May 29, 2019. CHR plays several key roles in Chromia, including paying for dApp hosting fees, serving as the standard currency in the Chromia economy, ensuring providers' stake in the Chromia ecosystem, and acting as collateral for nodes.
• The total supply of CHR tokens is 1 billion, of which 22% is sold to investors, 10% is allocated to founders, teams, and advisors, 38% is allocated to the ecosystem fund, and 25% is allocated to the promotion fund.
• Market Performance:
• According to the latest data, the market capitalization of Chromia (CHR) is 1.655 billion RMB, with a 24-hour trading volume of 97.372 million RMB and a circulating supply of 832 million CHR.
• The price of CHR is 1.98 RMB, with a 24-hour high of 1.98 RMB and a low of 1.85 RMB. The highest price in 52 weeks is 4.11 RMB, and the lowest price is 0.9038 RMB.
• The opening price of CHR (24 hours) is 1.92 RMB, with a 24-hour high of 1.98 RMB and a low of 1.85 RMB.
• Investment Value:
• The technological strength and market performance of CHR Coin indicate its potential for sustainable development. Its technological features, application scenarios, and advantages are very prominent, which can bring more opportunities and challenges to the blockchain industry.
• Although the price of CHR Coin is not high, it still has a certain rate of return, so it has some investment value.