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CQT

CQT~ Come On Go on Swing ☺Hello guys i am bigi and we on another Analysis of CQT (Covalent) so go on... on Previous analysis we see that the price come to our area 0.7-0.8 and give the 90% profit so .. What's up now? I predict we have grate swing between 1.50usdt - 0.7 until a price broke one of price level (1.5 /0.7) and absolutely i think that we have Fail Break out so.. we can get position on both side long or short with money management thanks guys follow me and give me a like or share your idea on comments and i love you ♥
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by bigimou
CQT Covalent - LONGFundamentally sound project with utility. Just launched. Clearly found a bottom. Who knows where it can go! Currently 60MM MCAP(eanuts) From Coingecko: Covalent is a blockchain data provider. Developers can integrate with its API to bring in data points such as transaction, wallet balance, NFTs, and more. Instead of sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface. Investors of Covalent includes Woodstock Fund, 1kx Capital and Mechanism Capital, Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures, and other ecosystem partners. A public sale round on CoinList was held and a successful $10 million in funding was closed.
FTX:CQTUSDLong
by kevtrinh
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CQTBTC: first daily close above the resistance" What Is Covalent (CQT)? Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization. Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface. Having achieved product-market fit, we are now planning to execute the next phase of Covalent, which is a progressive decentralization that will enable the Covalent Network to be owned and operated by its users. Of course, a critical piece to this is CQT. CQT is the native token of the Covalent Network. It has three primary purposes: CQT is a governance token, whereby token holders vote on proposals to change the system parameters. CQT is a staking asset. Validators will earn fees for answering queries. CQT is a network access token that fulfills data queries for users of the API. Covalent Use Cases The bulk of the use-cases are as-of-yet unknown, and we are constantly surprised at the multitude of ways developers and our partners use the data. Taxes: Every single DeFi action is a taxable event and having access to this data helps firms be compliant. If a trader uses Coinbase, they can quickly download a CSV of their trade data - besides Covalent, there is no such thing for a decentralized exchange like Uniswap or 1inch.\ DeFi: DeFi protocols, such 0x and Zerion to name a few, use the Covalent API to pull real-time, granular blockchain data. What makes the Covalent API such a critical infrastructure piece for these projects is that not only can they pull wallet specific data, but they expand their service to display data across multiple chains. This significantly enhances their product offering and fundamentally improves the user experience. In the case of Zerion, the exact data the DeFi investment dashboard is pulling ranges across multiple chains including Polygon, BSC and Ethereum and includes transactional data, as well a user's token balances, and transaction history. NFTs: As the popularity of NFTs has boomed over the past number of months, it has become increasingly important for NFT projects to be able to provide a means of analysis. Given that the Covalent API provides such, Covalent has become the leading NFT data provider. NFT projects such as ChainGuardains and Ethermon are now using the Covalent API to not only power novel features specific to each project, but to again improve the user experience. DAOs: Reliable and real-time data are critical in making informed decisions, facilitating governance and allowing individuals to invest, consume, and participate in the DAO phenomenon. It should come as no surprise then that DAOs are using the Covalent API. Individuals can use the API to view and examine proposal interactions so that one can understand how active members are in creating proposals and voting on them as well as if members are voting for, or against proposals in general. Who Are the Founders of Covalent? Covalent is built by an experienced team of data scientists and blockchain and database engineers passionate about improving and scaling blockchain technologies. Ganesh Swami, CEO and Co-founder, is a physicist by training and started his career designing algorithms for cancer drugs in the pharmaceutical space. His first company is listed on the NYSE. Levi Aul, CTO and Co-founder, built one of the first Bitcoin exchanges in Canada and was part of the team that built CouchDB at IBM." source CMC
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by sequentialvzion