Posts

Trend change for CTP ?

avatar of @ctpsb
25
The Swarm Booster - A Community Token Project
@ctpsb
·
·
0 views
·
2 min read

We are lucky to have several markets for tokens like CTP. We can trade them on Leodex, Tribaldex or Hive-Enginge. These are different front-ends but in the end, it's the same market. The problem with these front-ends is that we can only get the price feed of the last two months. This makes chart analysis quite difficult for long term evolutions.

More data thanks to CTPSB

For the CTPSB project, we have been recording the data for CTP for a longer period of time. To be precise, we have a recorded a weekly price for CTP since 1.10.2020. If we look at this longer price evolution, interesting things can be seen.

Change of trend?

Together with most other crypto currencies, CTP has lost quite a lot of value since its all time high in February 2021, when it was traded at 0.35 Hive. There was a strong downwards trend first until a support was reached around 0.05 Hive. From then on, the token continued to lose value until in reached a low at 0.04 Hive about a week ago. Since then, the token seems to have found a new vigour and it's climbing slowly but steadily to reach 0.054 Hive today. If the price manages to break out of the corridor, it's possible that the price will develop positively in the near future.

Dividends paid

We have paid the dividends today to the delegators of the CTPSB project. A total of 2086 CTP tokens were distributed, which represents an APR of 15.9%

Also the token value of CTPSB is continuing to grow at a rate close to 80% APR!

Learn more about the CTP Swarm Booster:

Posted Using LeoFinance Beta