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.

Developer resources include:

• Covalent Knowledge Base for extensive guides on how to use the Covalent API. 

• Covalent API Documentation.

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.

More information about the team can be found at https://www.covalenthq.com/about/

CQT is available for trading on a growing number of exchanges, with cryptocurrency and USDC pairs currently available.

New to cryptocurrency? Read CoinMarketCap's easy guide to buying Bitcoin or any other token.

(ICO) phenomenon.

The all-time high of CQT was 2.10 USD on 2021-08-14, from which the coin is now down 89.24407543595238%. The all-time high price of Covalent (CQT) is 2.10. The current price of CQT is down 89.24407543595238% from its all-time high.

As of , there is currently 686.66M CQT in circulation. CQT has a maximum supply of 1.00Bn.

The current market cap of CQT is 155.10M. It is calculated by multiplying the current supply of CQT by its real-time market price of 0.225874415845.

The all-time low of CQT was 0.05081003 , from which the coin is now up 344.5469050992491%. The all-time low price of Covalent (CQT) is 0.05081003. The current price of CQT is up 344.5469050992491% from its all-time low.

Covalent (CQT) has a market capitalization of $155.10M and is ranked #354 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Covalent (CQT) price trends and patterns to find the best time to purchase CQT.