About Ferrum Network
Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that comes with managing a multi-chain infrastructure for their dApps, and projects. Ferrum also specializes as a multi-chain Blockchain as a Service DeFi company, adding deflationary mechanisms, token utility and advisory services to projects across the crypto space. With the mission of breaking down barriers to mass adoption in mind, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.
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Market Stats
Market Cap
$193,111.58
-16.81%
FDV
$414,212.00
Circulating Supply
287,009,850.562 FRM
Max Supply
615,617,784 FRM
Total Supply
597,085,527.279 FRM
Diluted Valuation
$433,350.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$230,473.31
-0.01%
Volume (7D)
$1,724,082.64
Volume (30D)
$8,115,416.07
All time high
$1.22
Overall Price Change (1Y)
-0.99%
Additional info about Ferrum Network
Recent trends
The price of Ferrum Network has increased by 3.91% in the last hour and increased by 9.39% in the past 24 hours. Ferrum Network’s price has also fallen by 41.34% in the past week. The current price is $0.000502 per FRM with a 24-hour trading volume of $230.47K. Currently, Ferrum Network is valued at 99.96% below its all time high of $1.22. This all-time high was the highest price paid for Ferrum Network since its launch. The current circulating supply of Ferrum Network is 287,009,850.562 FRM which means that Ferrum Network has as total market cap of $193,111.58.
Market details
FRM vs markets
↘ 98.98%
FRM vs BTC
↘ 99.07%
FRM vs ETH
↘ 97.62%
Tags
defi
interoperability
substrate
polkadot
+8
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
Polygon | 0xd99baFe5031cC8B345cb2e8c80135991F12D7130 | |
Avalanche C-Chain | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
BNB Smart Chain | 0xA719b8aB7EA7AF0DDb4358719a34631bb79d15Dc |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000502 | ↗ 9.39% |
1 Day | $0.000648 | ↗ 9.39% |
1 Week | $0.0012 | ↘ 41.34% |
1 Month | $0.0019 | ↘ 63.45% |
1 Year | $0.0576 | ↘ 98.78% |
FAQ
As per the official website, Ferrum believes that crypto projects lack a working product while they are developed, and also, the tokens lack the utility of real use cases. Tokens with a lack of utility often witness situations like price dumping quickly after being listed on the exchange as the users are not incentivized to hold the token of the projects. The Ferrum cross-chain token bridge aims to be an easy, fast, and secure bridge that adds utility to the project’s token and provides the white label bridge. With the Ferrum staking technology, users can seek to develop the instant utility of tokens in staking, rewarding the users, and protecting the project from volatility.
The platform uses two cryptocurrencies: FRM, a utility token, and FRMx, a governance token. The FRM token holders aim to have access to some exclusive benefits in the form of stakingrewards, access to presales, increased value due to deflationary mechanisms, and many more things. Users who hold the FRM contribute to the platform’s aim to remove the barriers to mass adoption of blockchain. Further, users can also seek to utilize FRM as gas fees for the token bridge between Ethereum, Polygon, and Binance Smart Chain.
Meanwhile, the FRMx seeks to add value to the ecosystem by providing long-term sustainability, fair launch, and valuable utilities. Also, community members holding FRMx aim to have access to the governance committee and play an important part in Ferrum Network.
As the roadmap suggests, the project was started in 2018. The team of Ferrum Network includes Naiem Yeganeh (founder, CEO, and lead developer), Ian M. Friend (co-founder and COO), Taha Abbasi (chief strategy officer), Salman Haider (senior blockchain architect), and several other members.
We update our Ferrum Network to USD currency in real-time. Get the live price of Ferrum Network on Coinbase.
The current market cap of Ferrum Network is $193.11K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ferrum Network is $1.22. This all-time high is highest price paid for Ferrum Network since it was launched.
Over the last 24 hours, the trading volume of Ferrum Network is $230.47K.
Assets that have a similar market cap to Ferrum Network include The Moon Metaverse, InsurAce, BullPerks, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ferrum Network is 287 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1767
Contributors
0
Posts
0
% About Ferrum Network
0.016%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about Ferrum Network and it is ranked #1,767 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ferrum Network has an average sentiment score of 67 out of 5. Finally, Ferrum Network is becoming less newsworthy, with 0 news articles published about Ferrum Network.
On Reddit, Ferrum Network was mentioned in 0 Reddit posts and there were 0 comments about Ferrum Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.