The current real-time price of CPNGON is $19.83. In the past 24 hours, CPNGON has traded between $19.64648 and $20.51842, showing strong market activity. The all-time high of CPNGON is $22.51, and the all-time low is $19.33.
From a short-term perspective, the price change of CPNGON over the past 1 hour is , over the past 24 hours is -0.66%, and over the past 7 days is -2.17%. These figures provide a quick overview of the latest price trends and market dynamics of CPNGON on LBank.-0.20%
The live price of CPNGON today is $19.83, with a current market cap of $5,883.929. The 24-hour trading volume is 2K. The price of CPNGON to USD is updated in real time.
Before deciding whether to buy or sell CPNGON, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CPNGON 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 CPNGON.
How much will CPNGON be worth tomorrow, next week, or next month in ? What about your CPNGON assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CPNGON Price Prediction
To learn more about CPNGON, consider exploring other resources such as the whitepaper, official website, and other published information:
CPNGON is a tokenized representation of Coupang's shares, created by Ondo Finance on the Ethereum blockchain. It provides non-US retail and institutional users with economic exposure to the underlying stock. This innovative asset facilitates 24/7 trading and offers faster settlement times compared to conventional financial markets, leveraging decentralized finance (DeFi) principles to enhance accessibility.
CPNGON is definitively classified as a token. Specifically, it operates on the Ethereum blockchain, leveraging its infrastructure to represent traditional assets in a decentralized environment. While tokens are a type of digital asset, the term "cryptocurrency" often refers to assets primarily designed as a medium of exchange, whereas CPNGON's primary function is to represent ownership or economic exposure to an underlying stock.
Information on the precise circulating supply of CPNGON is known, however, details regarding its total and maximum supply are currently not publicly available. This aspect of its tokenomics helps in understanding its potential scarcity and distribution model within the decentralized finance landscape.
CPNGON can be acquired through various platforms, including both decentralized and centralized digital asset exchanges. Additionally, peer-to-peer transfers offer another method for obtaining these tokenized shares. Common payment methods supported often include credit cards, debit cards, or traditional bank transfers, providing flexibility for users looking to enter the market.
Holding tokenized stocks like CPNGON carries several risks. These include potential value volatility and the unpredictable nature of the regulatory environment for digital assets. Security vulnerabilities, such as hacking or theft, are also concerns, as is the irreversible loss of tokens if private keys are compromised. Importantly, tokenized stocks may not always grant direct legal ownership or voting rights of the underlying shares, often providing only economic price exposure.
The market value of CPNGON is determined through a comprehensive aggregation process. This involves collecting the most recent data from a multitude of exchanges and markets where it is traded. A global volume-weighted average formula is then applied to this aggregated data, providing a representative calculation of its current valuation across the ecosystem.
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