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Core DAO (CORE) Price Soared Over 10%

source-logo  thenewscrypto.com 20 March 2023 16:33, UTC
  • CORE token price climbed more than 10% in just 12 hours.
  • CORE market cap also sored over 11% in the last 24 hours.

Core DAO, a layer-1 blockchain running on a combined Proof-of-Work (PoW) and Delegated Proof-of-Stake (DPoS) consensus mechanism known as “Satoshi Plus”, once again sparked Crypto Twitter with more than 11.5K tweets in just 24 hours. Following the trends over social media, the Core DAO token CORE price surged over 10.34% from $1.98 to $2.22 in just 12 hours.

The EVM-compatible blockchain uses Bitcoin (BTC) mining hash power to support the Bitcoin network. Also, the Core DAO uses the term “Bitcoin decentralization means Core decentralization,” stated by itself. Although whenever BTC makes a loud noise, the Turing-complete blockchain appears to gain the crypto community’s attention.

Core DAO Price Status

Core DAO’s CORE officially airdropped on February 8th, 2023, and the price of the altcoin soared over 40% in just an hour after the launch. At the time of writing, CORE traded at $2.18 with a 24-hour trading volume of $56 million, which rose about 54%. Core DAO has a market cap of $150 million, which increased by over 11.60% in the last 24 hours, as per CoinMarketCap.

Core DAO (CORE) Price Chart (Source: CoinMarketCap)

Further, the largest cryptocurrency Bitcoin recapped its $28K price range and stabilized between $27K to $28K. At the time of writing, BTC traded at $27,840 with a market cap of $537 billion.

thenewscrypto.com