#CryptoCPIWatch The Crypto Price Index (CPI) is currently trading at approximately $0.036 per token, with negligible trading volume and no reported circulating supply. The project has a maximum supply of 300 million CPI tokens. However, there is limited market activity, and the token is not actively traded on major exchanges.

CPI serves as a governance token within the Crypto Price Index ecosystem, designed to provide diversified exposure to the cryptocurrency market through CPIx tokens. These CPIx tokens represent a broad range of crypto assets, allowing holders to participate in the governance of the ecosystem by voting on asset inclusion and other decisions. The CPI token is built on the Ethereum blockchain as an ERC-20 token.

It's important to note that the CPI token should not be confused with the U.S. Consumer Price Index (CPI), which measures inflation and can influence cryptocurrency markets. For instance, Bitcoin's price movements often correlate with CPI reports, as investors adjust their expectations based on inflation data.