Price of marlin crypto

Answered at Oct 27, 2024

Marlin (POND) Cryptocurrency Overview

Marlin (POND) is a cryptocurrency that has been gaining attention in the digital asset market. As of October 27, 2024, the price of Marlin (POND) is $0.01060683. This represents a slight increase of 0.26% over the past 24 hours, indicating a stable performance in the market (CoinDesk).

Key Features of Marlin

  • Layer-0 Project: Marlin is unique as a layer-0 project, which means it provides foundational support to various layer 1 and layer 2 platforms. This is achieved without compromising on decentralization, performance, or security (Binance).

  • ERC-20 Token: The Marlin platform is powered by the ERC-20 $POND token, which is integral to its network infrastructure. This token is used for various purposes, including staking validator nodes and participating in governance (Binance).

Market Performance

  • Current Price: $0.01060683
  • 24-Hour Trading Volume: $4.15 million
  • Market Cap: $85.78 million
  • Circulating Supply: 8.09 billion POND (CoinDesk)

Historical Context

Marlin's initial coin offering (ICO) took place on November 1, 2020, raising $3 million. The ICO price was set at $0.02500 per POND, which provides context for its current market valuation (Live Coin Watch).

Use Cases and Applications

Marlin's network supports a variety of applications, including:

  • Multiplayer Games: Enhancing gaming experiences with low latency.
  • IoT Data Marketplace: Facilitating data exchange in the Internet of Things.
  • Decentralized Exchanges: Improving order relay systems.
  • Validator Networks: Supporting blockchain and sidechain operations with low block times (Binance).

Governance and Community

Marlin is governed by the POND DAO, where users can propose improvements if they hold at least one MPOND or one million POND. All token holders can vote on these proposals, ensuring a decentralized decision-making process. The project is backed by notable investors, including Binance Labs and Electric Capital (Binance).

Conclusion

Marlin (POND) stands out in the cryptocurrency market due to its innovative layer-0 approach and robust governance model. With a stable price and active community, it continues to be a significant player in the blockchain space. For those interested in exploring or investing in Marlin, platforms like Binance offer real-time price updates and purchasing options (Binance).