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About TATA

Tata Coin is a fully Community-Driven Decentralized Cryptocurrency based on the goal that it will be the safest Global Digital Currency in the world and will be used worldwide as a payment method. A Digital Currency that will not be owned or controlled by any individual, organization,  entity, or group, and Tata Coin has been made Community driven.

TATA Coin (TATA) is a cryptocurrency launched in 2021. TATA has a current supply of 9.00M with 0 in circulation. The last known price of TATA is 0.010972434623 USD and is -0.000122758881 over the last 24 hours. It is currently trading on active market(s) with $134.45 traded over the last 24 hours. More information can be found at https://www.tatacoin.io.

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Updated Jun 24, 2024 4:33 am
Mkt Cap $0
There's nothing here for now
Curve Finance Founder's Large Token Holdings Lead to Market Panic
Curve Finance Founder's Large Token Holdings Lead to Market Panic
According to Bloomberg, in the cryptocurrency industry, it's typical for founders to accumulate substantial amounts of their project's native token as a stake in the business. This approach, while promoting transparency and offering a more liquid exit strategy, can sometimes lead to complications. For instance, when executives and venture-capital backers hold significant portions of a token, market liquidity can become scarce when they sell. This has led some to resort to unconventional methods to liquidate their holdings. A recent incident involving Curve Finance founder Michael Egorov serves as a prime example. Egorov's trading of nearly $96 million in stablecoin loans was backed by approximately $140 million of his CRV holdings as collateral. This collateral was spread across several DeFi platforms, including Curve's own LlamaLend. However, when the price of CRV plummeted following the hack of a small DeFi lender this month, the value of Egorov's collateral also fell, forcing his positions into liquidation. This forced selling resulted in millions of dollars in bad debt for Egorov and Curve, and triggered widespread market panic among CRV investors. The value of the coin briefly hit a record low following the liquidation. Egorov subsequently sold more CRV tokens in an over-the-counter deal to cover most of Curve's bad debt. In a statement, Egorov confirmed that he personally repaid most of the bad debt and was committed to ensuring that all users could withdraw their deposits without any issues. This incident highlights the challenges faced by crypto founders and early backers when they attempt to realize the value of their holdings. The market's volatility and immaturity often mean that holdings are too dense for buyers to handle when sold in large quantities. This experimental nature of crypto markets allows for such situations, giving buyers, sellers, and builders the freedom to test the boundaries of finance without traditional rules.
Jun 24, 2024 3:33 am

Frequently Asked Questions

  • What is TATA Coin (TATA)?

    Tata Coin is a Community-Driven Cryptocurrency on Binance Smart Chain. Tata Coin aims to make decentralized finance completely secure and to provide the most secure payment system to multinational companies and organizations, including investors, around the world, allowing them to easily and securely transact digital transactions using blockchain technology and be able to own their valuable assets.

    A Digital Currency that will not be owned or controlled by any individual, organization, entity, or group, and Tata Coin has been made 100% Community-driven. Tata Coin has been launched as the world's first Digital Currency owned by `You´.

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  • What is TATA Coin used for?

    Thanks to its low transaction fee, there will be a growing number of use cases for TATA Coin. These range from games that integrate TATA Coin payments, to social networks and publishing platforms that allow you to tip using TATA Coin.

    There are several use cases of TATA Coin, but we will focus on some of the financial-related cases.

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  • Why and how does the community own the TATA Coin?

    The basic and important role of any cryptocurrency is its supply; the one who has the most supply of the Cryptocurrency is the real owner of the Cryptocurrency. It is not necessary that the person or group who has developed or launched a cryptocurrency is the owner of it, but the real owners of any cryptocurrency are only the people who have a huge amount of supply. Because the one, who has the most supply, actually owns the assets of all the investors in the liquidity pool.

    Tata Coin has a supply of 9 million which cannot be increased and 100% of its supply is owned by no one but the community. That is, only investors own the assets in the liquidity pool. Apart from investors, no one has a supply of Tata Coins. That is why Tata Coin has no owner other than the investors. Tata Coin is a 100% community-driven Digital Currency because the entire supply of Tata Coin is in the hands of the Community, the Developers of Tata Coin have a 0% supply of Tata Coin. Tata Coin does not have a developer's wallet that has supplies.

    Every holder is an owner of the TATA Coin and you can post your full details including your name, photo, and Social Media profiles on the Official Website of Tata Coin. To update your profile please visit the official website for more details and follow the instructions given in the team section.

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  • How Many TATA Coins Are There in Circulation?

    TATA Coin has a total supply of 9 Million on Binance Smart Chain. TATA Coin has no team tokens and was listed with 100% public liquidity.

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  • How Is the TATA Coin Network Secured?

    TATA Coin is a BEP-20 token on Binance Smart Chain. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.

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  • Where Can You Buy TATA Coin?

    TATA is available on PancakeSwap .

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  • What is the all-time high price of TATA Coin (TATA)?

    The all-time high of TATA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of TATA Coin (TATA) is 0. The current price of TATA is down 0% from its all-time high.

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  • How much TATA Coin (TATA) is there in circulation?

    As of , there is currently 0 TATA in circulation. TATA has a maximum supply of 9.00M.

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  • What is the market cap of TATA Coin (TATA)?

    The current market cap of TATA is 0. It is calculated by multiplying the current supply of TATA by its real-time market price of 0.010972434623.

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  • What is the all-time low price of TATA Coin (TATA)?

    The all-time low of TATA was 0 , from which the coin is now up 0%. The all-time low price of TATA Coin (TATA) is 0. The current price of TATA is up 0% from its all-time low.

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  • Is TATA Coin (TATA) a good investment?

    TATA Coin (TATA) has a market capitalization of $0 and is ranked #7256 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 TATA Coin (TATA) price trends and patterns to find the best time to purchase TATA.

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