Songbird
Market Open
14 Jun, 15:06
$
0. 001068
-0.000027
-2.4658%
$
1.52M Volume
$ 0.001095
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SGBUSD Overview
SGBUSD denotes the market price of Songbird (SGB) expressed in US dollars (USD). It indicates how much USD is required to acquire one unit of SGB and is quoted across spot and derivative venues as the reference exchange rate for the token.
Songbird is a blockchain-native cryptocurrency introduced by Flare Networks in 2021 as an incentivized canary network to trial features and economics ahead of Flare mainnet deployments. Launched to support experimentation, Songbird operates as a decentralized, smart-contract-capable network with SGB serving as the native asset for fees, governance participation and network incentives.
The SGBUSD rate is formed by the interaction of supply and demand across exchanges, liquidity pools and market makers, with order-book dynamics and trading flow determining short-term moves. Broader market sentiment, protocol developments on Songbird and Flare, regulatory actions and macro factors such as dollar strength and global risk appetite also affect the pair’s direction.
SGBUSD is important to market participants who seek exposure to the Songbird ecosystem, use it for price discovery, or incorporate it into hedging and portfolio strategies. It functions as a tradable settlement asset and a benchmark for value within the network.
Volatility and liquidity can vary significantly by venue; prudent traders assess market depth, execution costs and event risk before taking positions in SGBUSD.
Songbird is a blockchain-native cryptocurrency introduced by Flare Networks in 2021 as an incentivized canary network to trial features and economics ahead of Flare mainnet deployments. Launched to support experimentation, Songbird operates as a decentralized, smart-contract-capable network with SGB serving as the native asset for fees, governance participation and network incentives.
The SGBUSD rate is formed by the interaction of supply and demand across exchanges, liquidity pools and market makers, with order-book dynamics and trading flow determining short-term moves. Broader market sentiment, protocol developments on Songbird and Flare, regulatory actions and macro factors such as dollar strength and global risk appetite also affect the pair’s direction.
SGBUSD is important to market participants who seek exposure to the Songbird ecosystem, use it for price discovery, or incorporate it into hedging and portfolio strategies. It functions as a tradable settlement asset and a benchmark for value within the network.
Volatility and liquidity can vary significantly by venue; prudent traders assess market depth, execution costs and event risk before taking positions in SGBUSD.
SGBUSD Chart
SGBUSD FAQ
What is the current Songbird price?
The current price is $0.001068, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.000027 (-2.4658%), showing how much the asset has moved compared to the previous close.
What is the previous close for Songbird?
The previous close was $0.001095, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-2.4658%) 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 ($0.001062) and highest ($0.001114) prices traded during the selected period, helping assess volatility.
Why is Songbird (SGB) moving today?
Price movements in Songbird 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 ($0.001068) is below the previous close ($0.001095), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Songbird?
You can view real-time charts, price updates, and market data for Songbird (SGB) directly on this page.
