About Sologenic
Sologenic is disrupting the asset trading industry by offering: Tokenized Securities, Crypto Assets and NFT’s in a decentralized ecosystem. The Sologenic Development Foundation is integrated by independent developers, maintaining, building and expanding the Sologenic decentralized ecosystem by actively working on various open-source projects and use cases around the $SOLO token including the SOLODEX, SOLO Launchpad and the Sologenic NFT marketplace. Sologenic’s Tokenization of assets facilitates investing and trading between crypto and non-blockchain assets such as stocks, ETFs, and commodities from top 30+ global stock exchanges. All assets are backed 1:1 with the real world stocks and Sologenic also supports stock mergers and dividends.
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Trading Insights
Searched
75
Market Stats
Market Cap
₹8.55B
2.4%
FDV
₹8.58B
Circ. Supply
399M SOLO
Max Supply
400M SOLO
Total Supply
399M SOLO
Diluted Valuation
₹8.56B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹252.45M
-22.62%
Volume (7D)
₹1.97B
Volume (30D)
₹7.46B
All time high
₹464.18
Price Change (1Y)
128.02%
Additional details
Recent trends
The latest SOLO price is ₹21.42. Compared to Sologenic's value of ₹21.07 from 24 hours ago, there's been a 2% increase, while the current price is -4% down from ₹22.06 which was recorded one week ago. Sologenic's all time high is ₹464.18, which was reached on December 19, 2021. This is a -95% change from its price today.
The current circulating supply of Sologenic is 398,784,350. This is 100% of its max supply of 400,000,000 SOLO and 100% of its total supply of 398,784,350. The market cap is currently ₹8.55B, which is a result of multiplying the current price of Sologenic(₹21.42) by the total supply(398,784,350 SOLO). The fully diluted valuation of Sologenic is ₹8.58B. The diluted valuation of Sologenic is ₹8.58B.
Market details
SOLO vs markets
↗ 62.38%
SOLO vs BTC
↗ 40.77%
SOLO vs ETH
↗ 216.33%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
XRPL | rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz | |
BNB Smart Chain | 0xc2c28b58db223DA89b567A0A98197Fc17C115148 | |
XRPL | 534F4C4F00000000000000000000000000000000.rsoLo2S1kiGeCcn6hCUXVrCpGMWLrRrLZz |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹21.42 | ↗ 2.13% |
1 Day | ₹21.07 | ↗ 2.13% |
1 Week | ₹22.06 | ↘ 3.92% |
1 Month | ₹24.08 | ↘ 11.89% |
1 Year | ₹9.10 | ↗ 128.02% |
FAQ
Sologenic (SOLO) is a decentralized ecosystem that seeks to innovate in the asset trading industry by tokenizing securities, crypto assets, and NFTs. It operates on the XRP Ledger and is driven by the SOLO token. The ecosystem is developed and maintained by two separate teams, with the SOLO Core team focusing on expanding the decentralized aspects of Sologenic. The ecosystem includes a Decentralized Exchange (DEX) that has seen increased activity, with over 2 million views and 250,000+ transactions on a weekly basis. Sologenic also generates stablecoins that are backed 1:1 with real-world assets, each representing ownership of the respective asset.
Sologenic operates by tokenizing real-world assets into stablecoins, each representing ownership of the asset. These tokenized assets can be traded against SOLO or XRP on Sologenic's Decentralized Exchange (DEX). Users hold their private keys, giving them complete ownership and authority over their crypto assets. The XRP Ledger is designed to facilitate transactions and settlements, and aims to improve the security of the user's cryptocurrencies. Sologenic also practices a deflationary mechanism, where 100% of the transaction fees are burned, reducing the total supply of SOLO tokens. Additionally, SOLO holders can participate in the Liquidity Provider Reward Program (LPRP) and receive rewards.
Sologenic intends to expand the use cases of the SOLO token and increase community engagement. One of the proposed use cases is the utilization of SOLO as a utility token on the Sologenic XRPL DEX. The team is also proposing a voting mechanism using SOLO for all listings and default pairs, with the intention of exploring additional uses for the SOLO Token and engaging the community. Another potential use case is the use of SOLO for minting, listing, and featuring NFTs on the upcoming Sologenic NFT marketplace. Users will be able to mint and list their NFTs on the marketplace by spending SOLO Tokens.
Sologenic was developed by an independent community of developers passionate about expanding the Sologenic ecosystem. The team has been actively working on various open-source projects and use cases around the XRP and SOLO. The Sologenic DEX, SOLO Wallet, and the upcoming NFT marketplace are some of the tools built by the SOLO Core Team. The team has also proposed to increase the use cases of the SOLO Tokens based on community feedback. The Sologenic DEX has seen increased activity with over 2 million views per week and an average of 150,000 transactions on a weekly basis.
We update our Sologenic to INR currency in real-time. Get the live price of Sologenic on Coinbase.
The current market cap of Sologenic is ₹8.55B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Sologenic is ₹464.18. This all-time high is highest price paid for Sologenic since it was launched.
Over the last 24 hours, the trading volume of Sologenic is ₹252.45M.
Assets that have a similar market cap to Sologenic include Goatseus Maximus, Venus, Non-Playable Coin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Sologenic is 399 million.
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