Songbird Reaches One Day Trading Volume of $1.84 Million (SGB)

Songbird (SGB) traded 1.3% higher against the dollar during the twenty-four hour period ending at 9:00 AM E.T. on February 12th. Songbird has a total market cap of $147.29 million and $1.84 million worth of Songbird was traded on exchanges in the last day. In the last seven days, Songbird has traded 7.9% higher against the dollar. One Songbird token can now be purchased for about $0.0147 or 0.00000031 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.33 or 0.00000685 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0% lower against the dollar and now trades at $0.0101 or 0.00000021 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.5% higher against the dollar and now trades at $0.0091 or 0.00000019 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Songbird Token Profile

Songbird was first traded on September 16th, 2021. Songbird’s total supply is 16,089,041,096 tokens and its circulating supply is 9,988,725,826 tokens. Songbird’s official website is flare.xyz. Songbird’s official message board is flare.xyz/blog. Songbird’s official Twitter account is @flarenetworks and its Facebook page is accessible here. The Reddit community for Songbird is https://reddit.com/r/flarenetworks and the currency’s Github account can be viewed here.

According to CryptoCompare, “Songbird is the Canary network for Flare, it will have two distinct phases. Prior to the launch of Flare, Songbird will be instrumental in the continued testing of the Flare Time Series Oracle, the StateConnector and F-Asset systems and the network architecture. The FTSO and F-Asset protocols will be live on Songbird with F-Assets generated from the underlying tokens. This will improve the security, stability and credibility of the ultimate launch of Flare.

Songbird has its own token, Songbird ($SGB), which was distributed once only and in the same ratio to all the same recipients of the FLR distribution.

SGB is the main utility and test token for the protocol. This token has a capped supply of 15 billion tokens. Notably, SGB was airdropped to eligible holders of Rippleā€™s XRP in July 2021. The system was set up to distribute 0.1511 SGB per every 1 XRP held. This was the only distribution of the token. There was no pre-mine conducted by the developers.”

Songbird Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Songbird directly using U.S. dollars. Investors seeking to acquire Songbird should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Songbird using one of the exchanges listed above.

Receive News & Updates for Songbird Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Songbird and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.