The Conan token (CONAN) is a new digital currency belonging to the category of 'meme coins,' launched in September 2024. It is named after the famous military dog K9 Conan, known for its involvement in special operations. This token is part of the KRC-20 standard, which is a token standard on the Kaspa network, and aims to build an active digital community around it.
Market Performance
Current Price: The price of the CONAN token ranges between $0.00000026 and $0.00000028, with slight daily fluctuations.
Market Value: The current market value is approximately $275,000, with low daily trading volume.
Circulating Supply: The circulating supply is estimated to be around 999.2 million tokens out of a total maximum supply of one trillion tokens.
Overall Performance: Since its launch, the token has seen a decline of over 99% from its all-time high, indicating high volatility and significant risks for investors.
Uses and Trading
The CONAN token is primarily used for trading on decentralized platforms like Uniswap, where it can be exchanged for other cryptocurrencies. Some platforms like Bitget and Binance also allow purchasing the token using credit or debit cards and bank transfers.
Conclusion
The Conan token (CONAN) is a new meme digital currency with an entertainment theme, targeting the creation of a digital community around it. Despite being available on some platforms, its low market value and sharp fluctuations make it a high-risk investment. Investors are advised to conduct thorough research and understand the associated risks before making an investment decision in this token.