When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability. A smart contract enables multiple scripts to engage with each other using clearly defined rules, to execute on tasks which can become a coded form of a contract. They have revolutionized the digital asset space because they have enabled decentralized exchanges, decentralized finance, ICOs, IDOs and much more. A huge proportion of the value created and stored in cryptocurrency is enabled by smart contracts.
Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin. We receive updated cryptocurrency prices directly from many exchanges based on their pairs. The Gambit price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage.
How Do We Calculate the Cryptocurrency Market Cap?
Gambitis a cryptocurrency token built on top of Ethereum platform. To check Gambit’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner gambit coin crypto of this page. Gambit is a protocol for creating interest-generating stablecoins backed by leverage.GMT token is the governance token that manages the distribution of the protocol’s fees. Fees are generated on minting gUSD, burning gUSD, opening positions, closing positions and funding rates. Bitcoin’s dominance is currently 58.95%, a decrease of 0.01% over the day.
Total Supply
- X2,x10, etc. means if the price of Gambit (GAMBIT) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins.
- No centralized exchanges listing means it’s less accessible for many investors.
- Here at CoinMarketCap, we work very hard to ensure that all the relevant and up-to-date information about cryptocurrencies, coins and tokens can be located in one easily discoverable place.
- A huge proportion of the value created and stored in cryptocurrency is enabled by smart contracts.
- They have revolutionized the digital asset space because they have enabled decentralized exchanges, decentralized finance, ICOs, IDOs and much more.
Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games. At this moment, we can’t calculate the market cap as we don’t have the best approximation of the circulating supply. However, using the total supply as of Nov 18, The market capitalization of Gambit will be $108.3 Thousand. The global crypto market cap is $3.08T, a 0.67% increase over the last day. Compared to other crypto coins which started the same year as Gambit it has below-average trading volume, average volume for the other 923 coins started in 2024 is $1M while GAMBIT has $89. Wealth distribution is an important factor to consider when researching a cryptocurrency.
Gambit priceGMT
From the very first day, the goal was for the site to be the number one location online for crypto market data, and we work hard to empower our users with our unbiased and accurate information. At the time of writing, we estimate that there are more than 2 million pairs being traded, made up of coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed.
Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap. Play-to-earn (P2E) games, also known as GameFi, has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications.
They are the best choice for those storing a lot of value or planning to hold long term. Showing market cap and how it’s compared to different cryptocurrencies. X2,x10, etc. means if the price of Gambit (GAMBIT) will multiply by x2,x10, etc how much market cap it will have, and how it will compare then to the same coins. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn.
The first breakout use was for art, with projects like CryptoPunks and Bored Ape Yacht Club gaining large followings. We also list all of the top NFT collections available, including the related NFT coins and tokens.. We collect latest sale and transaction data, plus upcoming NFT collection launches onchain. NFTs are a new and innovative part of the crypto ecosystem that have the potential to change and update many business models for the Web 3 world. Here at CoinMarketCap, we work very hard to ensure that all the relevant and up-to-date information about cryptocurrencies, coins and tokens can be located in one easily discoverable place.
