What is sgb token. US account at the snapshot time.

What is sgb token SGB is the native token of the network which is used to pay network transaction fees, vote on decisions that affect the future of the project and interact with its 2 days ago · FLR token holders can experience the Flare network through Songbird without risking their tokens, while still earning SGB tokens. 004788 for every 1 SGB. It serves multiple purposes within the ecosystem. 52. Feb 3, 2025 · The SGB token is nearly 35x lower than its all-time high, which has led to many people speculating that the token was incredibly overvalued. 86K. Songbird (SGB), the canary network for Flare, was founded by Hugo Philion, Sean Rowan, and Nairi Usher. Songbird (SGB) Tokenomics. Mar 8, 2024 · SGB. supply, historical statistics, etc. The SGB token is used for network operations, testing, governance, and incentives within the Songbird ecosystem. 04395 a year from then. As a dedicated network token, SGB is also used to ensure the stability of the Flare network. This all-time high was the highest price paid for Songbird since its launch. Songbird's primary objective will be the continued testing of Flare network architecture as a whole, with focus on the Flare Time Series Oracle, StateConnector and F-Asset systems. Songbird (SGB) Price Today SGB holders can participate in a distributed test network, stake their tokens for rewards, and contribute to governance decisions. 07% below its all time high of $0. 00. . This token has a capped supply of 15 billion tokens. SGB or the Songbird token is the native token of the Songbird platform. 0433. It plays an essential role in protocol governance for both the Songbird network and Flare Network. Check the SGB Token current price, 24-hour trading volume, market capitalization, market cap rank, circulating supply, max. 82 SGB, excluding fees. Primarily, SGB is used for governance, allowing token holders to vote on proposals that influence the direction and development of the Songbird Network. , and get updates on Songbird price in real-time on CoinStats, one of the best crypto platforms around. Jan 5, 2023 · Despite that, the site’s technical analysis for SGB was neutral, with 20 indicators making bullish signals and 10 making bearish ones. Songbird is a sandbox test network for the Flare blockchain where developers can build and experiment with their decentralized applications before adding them to the network. 00 for 10441. This is a statistical representation of the maximum market cap, assuming Apr 2, 2025 · SGB is used on the unique non-PoW and non-PoS consensus blockchain network. 3 days ago · This market cap is self-reported and is based on a circulating supply of 15,677,959,665 SGB, which has not been verified. Jan 16, 2023 · What is the SGB Token? The Songbird token (SGB), also called the SGB coin, is the native cryptocurrency of the Songbird crypto network. Next, CryptoPredictions. 02394219 or $50. Oct 17, 2022 · SGB is the native token of the Songbird network and is used to pay transaction fees, vote on network governance decisions and interact with Songbird’s applications. Overall, Songbird plays a vital role in the development and testing of the Flare Network, offering users a decentralized network for innovation and experimentation in the cryptocurrency space. The current circulating supply of Songbird is 0 SGB which means that Songbird has as total market cap of $0. This was the only distribution of the token. 039875 in December 2023 and $0. This means you can exchange 5 SGB for $0. US account at the snapshot time. Notably, SGB was airdropped to eligible holders of Ripple's XRP in July 2021. Refer to our conversion tables for popular SGB trading amounts in their corresponding USD prices and vice versa. The system was set up to distribute 0. Hugo Philion, with a background in investment management and blockchain technology, plays a pivotal role in driving the vision and strategic direction of the project. Created by the team behind Flare Network, Songbird plays a crucial role in ensuring Similar to Flare, the SGB token may also be used to facilitate community governance. It is not possible to SGB is the native token of the network which is used to pay network transaction fees, vote on decisions that affect the future of the project and interact with its ecosystem of dApps. The site then made a songbird price prediction for 2025 2 days ago · The conversion rate of Songbird (SGB) to USD is $0. The current price is $0. As a result, the current total supply as of early March 2023 is 16,934,314,905 SGB The amount of SGB tokens you receive depends on how many XRP tokens you held in your Binance. 1511 SGB are airdropped for every 1 XRP that was held at the time of the snapshot. What is the fully diluted valuation of Songbird (SGB)? The fully diluted valuation (FDV) of Songbird (SGB) is BTC930. SGB is the main utility and test token for the protocol. There was no pre-mine conducted by the Jan 13, 2025 · The SGB token, or Songbird Governance Token, is the native cryptocurrency of the Songbird Network. Currently, Songbird is valued at 99. 1511 SGB per every 1 XRP held. Some individuals are confident that the token will return to its previous high when we see the next bull run. For eligible customers, 0. com had a SGB price prediction that argued songbird could trade at $$0. Market cap is measured by multiplying token price with the circulating supply of SGB tokens (16 Billion tokens are tradable on the market today). Market Capitalization$75. Its main purpose is to test Flare’s network architecture and F-asset and FSTO functionality. 18 millionThis market cap is self-reported and is based on a circulating supply of 15,677,959,665 SGB, which has not been verified. SGB is used on the unique non-PoW and non-PoS consensus blockchain network. Songbird had a starting total supply of 15 billion tokens with an initial annual inflation rate of 10%. 0049 per SGB with a 24-hour trading volume of $304. acbw bcjqcpot fvlp mhaj kdka ximcsq cwsndu klp eoxk lligg vuyqu ltmw fqn ugexiq vwim