- #5593
Colony CLY
CLY Price
Market CapÂ
--Rank #5593FDVÂ
$29.25Â MRank #3662Investors
Twitter Followers
Twitter Performance
401Rank by Twitter #3579- 0
- 100
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- 4000
Detailed Performance
CLY shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
CLY to USD Converter
Price History
- All-Time High
- $2.7714.21x to ATH
- All-Time Low
- $0.033375.84x to ATL
- Trade Launch Date
- 9 Dec, 2021
868 days ago
Fundraising
See more- ICO Price
- $0.30
- Funds Raised
- $21.00Â M
- Tokens Sold
- 103.74Â MÂ CLY
Exchanges
Exchanges type
About CLY
Colony is a platform that aims to decentralize itself over time by implementing a DAO (Decentralized Autonomous Organization) structure. It has a team of experienced professionals in various roles, including the CEO, COO, CMO, and CTO. Colony is focused on building a strong community and has plans to release its application features, grow its community, and contribute to the Avalanche ecosystem by providing capital, increasing liquidity, and running nodes. Additionally, Colony has formed partnerships, such as the one with Steadefi, to provide liquidity support and boost TVL (Total Value Locked) in their strategy vaults.
What makes Colony unique?
Colony is unique compared to other cryptocurrencies in several ways. Firstly, it has a hybrid token called CLY, which serves both as a governance token for the Colony DAO (Decentralized Autonomous Organization) and as a means to access Colony's value flow. This dual functionality sets Colony apart from many other cryptocurrencies that mainly serve as a medium of exchange or store of value.
Secondly, Colony focuses on decentralized collaboration and task management. It provides a platform where individuals and teams can collaborate on projects and tasks, using smart contracts to allocate work, track contributions, and distribute rewards. This emphasis on decentralized work organization distinguishes Colony from cryptocurrencies that primarily focus on financial transactions.
Additionally, Colony aims to foster efficient development within its ecosystem. It deploys a significant portion of its capital to provide liquidity to protocols built on Avalanche, actively participating in the Avalanche ecosystem. This commitment to supporting development sets Colony apart from cryptocurrencies that do not have a specific focus on ecosystem growth.
Overall, Colony's unique combination of a hybrid token, emphasis on decentralized collaboration, and commitment to ecosystem development makes it stand out among other cryptocurrencies.
Live Colony Price Data
The current price of Colony (CLY) is approximately $0.1949, reflecting a decrease of -6.57% in the last 24 hours. The CLY trading volume in the last 24 hours stands at $201,763.60.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Colony's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CLY, check out our crypto insights page.
Official Links
CLY to USD Converter
Price History
- All-Time High
- $2.7714.21x to ATH
- All-Time Low
- $0.033375.84x to ATL
- Trade Launch Date
- 9 Dec, 2021
868 days ago
Fundraising
See more- ICO Price
- $0.30
- Funds Raised
- $21.00Â M
- Tokens Sold
- 103.74Â MÂ CLY