Covalent

Market Open
15 Jun, 07:09
$
0. 000650
-0.00005
-7.1429%
$
1.45M Volume
$ 0.0007
Previous Close
Add Transaction
Day Range
0.0006 0.00072
Year Range
0.00032 0.00375
Want to track CQTUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

CQTUSD Overview

CQTUSD denotes the market price of Covalent’s native token, CQT, quoted in US dollars. It shows how much one unit of CQT is worth in USD at a given time on spot cryptocurrency markets and aggregates prices from trading venues where the pair is listed.

Covalent is a blockchain data infrastructure project that provides unified APIs for on-chain data. The CQT token was introduced in 2021 and was launched by the Covalent team led by co-founders Ganesh Swami and Lawrence Lau. CQT is an ERC-20 token issued on Ethereum and is designed with tokenomics that support governance, staking and protocol incentives, operating within a decentralized, blockchain-based ecosystem.

The USD price of CQT is formed by supply and demand dynamics across exchanges and liquidity pools. Order flow, market depth, liquidity providers, trading venues and investor sentiment drive short-term moves, while broader crypto market trends, macroeconomic conditions and regulatory developments influence medium- and long-term valuation.

CQTUSD is relevant for market participants who trade CQT for speculation, portfolio allocation or exposure to Covalent’s platform. The pair also provides a price reference that can inform governance participation, staking decisions and assessments of protocol adoption.

Like most digital asset pairs, CQTUSD can be volatile and liquidity varies by exchange; traders should consider spreads and market depth when executing trades.

CQTUSD Chart

CQTUSD FAQ

What is the current Covalent price?

The current price is $0.000650, based on the latest trades across major cryptocurrency exchanges.

What does the price change mean?

The price has changed by -0.00005 (-7.1429%), showing how much the asset has moved compared to the previous close.

What is the previous close for Covalent?

The previous close was $0.000700, which serves as a reference point to measure daily performance.

How is the daily change percentage calculated?

The change percentage (-7.1429%) is calculated based on the difference between the current price and the previous closing price.

What does the daily range show?

The range reflects the lowest ($0.000600) and highest ($0.000720) prices traded during the selected period, helping assess volatility.

Why is Covalent (CQT) moving today?

Price movements in Covalent are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.

Is the current trend bullish or bearish?

If the current price ($0.000650) is below the previous close ($0.000700), it indicates upward momentum. If below, it suggests a downward trend.

Where can I see live charts for Covalent?

You can view real-time charts, price updates, and market data for Covalent (CQT) directly on this page.