#TREE
🌳 Tree — what is it?
• Tree (symbol TREE) — a utility token of the Tree ecosystem, which includes the Tree News, Tree Capital, and Tree Terminal platforms. The token is used to purchase subscriptions, which are subsequently burned, thus reducing the circulating supply .
• The project's goal is to become the "Bloomberg for crypto traders," offering access to analytics, investment services, and climate initiatives on the blockchain .
• Price and capitalization: the current price is around $0.54, with a market capitalization of approximately $34–36 million and a daily volume of around $40–130 thousand. CoinMarketCap rank is approximately #4684; data from CoinGecko confirms similar figures.
⚙️ Key features of Tree
• Unique tokenomics model: funds from transactions are directed towards financing environmental initiatives and are burned, thereby reducing the devaluation rate .
• Impact tracking: the project claims to have planted over 1.1 million trees, balanced the carbon footprint (~12,500 tons CO₂), and has a presence in more than 32 countries .
• Stake-to-plant mechanism: by staking tokens, users receive carbon NFT reports, which can be sold, gifted, or donated .#Binance