The current real-time price of BRLM is $0.1932. In the past 24 hours, BRLM has traded between $0.1907 and $0.1939, showing strong market activity. The all-time high of BRLM is $0.2398, and the all-time low is $0.0886.
From a short-term perspective, the price change of BRLM over the past 1 hour is , over the past 24 hours is +0.56%, and over the past 7 days is +0.67%. These figures provide a quick overview of the latest price trends and market dynamics of BRLM on LBank.+1.85%
The live price of BRLM today is $0.1932, with a current market cap of $228.254K. The 24-hour trading volume is 29K. The price of BRLM to USD is updated in real time.
Before deciding whether to buy or sell BRLM, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BRLM technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BRLM.
How much will BRLM be worth tomorrow, next week, or next month in ? What about your BRLM assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BRLM Price Prediction
To learn more about BRLM, consider exploring other resources such as the whitepaper, official website, and other published information:
cREAL is a stablecoin operating within the Celo ecosystem, specifically designed to maintain a stable value relative to the Brazilian Real. It functions as a digital currency built on the Celo platform and utilizes the Mento Protocol for its stability mechanisms. Launched in January 2022 following a community governance proposal, cREAL aims to offer a reliable digital asset, mitigating the price volatility common in other cryptocurrencies and facilitating various transactions and financial activities for users.
The main purpose of cREAL is to expand financial access, particularly in developing nations, by providing a stable digital currency alternative. It aims to empower users within and outside the Brazilian market with a dependable digital asset for everyday use. cREAL is designed to enable faster, more affordable, and simpler digital asset trading and value transfers, primarily through smartphones, serving as a vital tool in areas where traditional banking services may be limited or inaccessible.
cREAL maintains its peg to the Brazilian Real through an algorithmic stablecoin mechanism. It is designed to be decentralized and over-collateralized, meaning it tracks the value of the Brazilian Real through a set of automated rules and holds more value in reserve assets than the cREAL tokens in circulation. This over-collateralization provides a robust buffer against market fluctuations, aiming to effectively mitigate price volatility and ensure its stability relative to the Brazilian Real.
cREAL offers a variety of practical uses within the Celo ecosystem and with supporting platforms. Users can engage in arbitrage trading, earn income by providing liquidity or lending through decentralized finance (DeFi) applications, and facilitate efficient, mobile-based transactions. It enables seamless interaction with other cryptocurrencies on Celo due to its interoperability, can be traded on cryptocurrency exchanges, and used for bill payments and purchases at participating merchants. These applications aim to enhance financial utility for a broad user base.
Users can acquire cREAL through several primary methods. It can be purchased via centralized exchanges that list the asset. Alternatively, cREAL is available on decentralized exchanges (DEXs) where users can swap other cryptocurrencies using a compatible Web3 wallet. Beyond direct purchases, individuals might also acquire cREAL through various promotional activities, airdrops, or by participating in liquidity provision or lending protocols within the Celo ecosystem's decentralized finance applications, earning it as rewards or interest.
cREAL is built upon the Celo Platform, a blockchain specifically designed for mobile-first financial applications. It leverages the Mento Protocol, which is crucial for its design as a stable asset within the Celo ecosystem. The Celo platform is engineered for high efficiency and accessibility; transactions involving cREAL are characteristically fast, typically completing in approximately 5 seconds. Furthermore, these transactions are designed to be very inexpensive, usually costing less than one cent, making cREAL a practical and cost-effective digital currency for various uses.
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