Details about Canary Dollar cryptocurrency
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Canary Dollar price charts
CAND exchanges
Canary Dollar, the crypto
Canary Dollar (CAND) is a new cryptocurrency designed to be stable and secure, with low volatility and high liquidity. It is backed by a reserve of precisely 1 USD per CAND token, which is held in an audited smart contract on the Ethereum blockchain. The supply of CAND is algorithmically adjusted to maintain a stable price of 1 USD, making it ideal for use as a payment currency and a store of value.
The point
The main point of Canary Dollar (CAND) is to provide a stable and secure cryptocurrency that can be used for everyday transactions, without the risk of price fluctuations that can occur with other cryptocurrencies. It offers users a reliable and transparent way to store value and make payments, with low fees and fast transaction times.
The problem
Canary Dollar (CAND) aims to solve the problem of volatility in the cryptocurrency market, which can make it difficult to use cryptocurrencies for everyday transactions. With a stable value of 1 USD per token, CAND offers a predictable and reliable alternative to traditional fiat currencies, while still providing the benefits of blockchain technology.
Compare CAND and BTC performance
| Timeframe | CAND | BTC |
|---|---|---|
| 1h change | 0 % | -0.549765 % |
| 24h change | -1.36 % | -1.83904 % |
| 7 day change | -28.62 % | -5.42791 % |
| 14 day change | -28.16 % | -5.02398 % |
| 30 day change | -27.49 % | -3.47658 % |
| 200 day change | -47.59 % | 126.537 % |
| Year change | -52.53 % | 126.622 % |