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About CAVAT

Cavatar is a Web3 AI avatar generator that creates unique and personalized avatars for users. It utilizes cutting-edge technology and sophisticated AI algorithms to produce high-quality and scalable avatars at affordable prices. One of Cavatar's unique features is the ability to mint avatars into NFTs, providing users with new opportunities to collect and trade personalized digital assets.

Cavatar (CAVAT) is a cryptocurrency launched in 2023. CAVAT has a current supply of 0 with 0 in circulation. The last known price of CAVAT is 0.000089772187 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://cavatar.io/.

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CAVAT Price Statistics
CAVAT’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2372
CAVAT Market Cap
Market Cap
$0
Fully Diluted Market Cap
$17,954.44
CAVAT Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
CAVAT Supply
Circulating Supply
0
Total Supply
0
Max Supply
200.00M
Updated Sep 02, 2023 2:30 am
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CAVAT
Cavatar
$0.000089772187
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Fidelity: To maintain the Bitcoin network, countries and companies should engage in mining even if they suffer losses
Fidelity: To maintain the Bitcoin network, countries and companies should engage in mining even if they suffer losses
Odaily Planet Daily News Analysts at Fidelity Digital Assets said that if companies and countries want Bitcoin to continue to exist, they must start mining Bitcoin as soon as possible, even if it means losing money. Fidelity wrote: "Many countries, institutions and companies profit from Bitcoin - but not through mining, so mining to protect the network can be considered an operating cost." For Fidelity, instead of relying entirely on mining companies, it is better for companies that earn management fees from Bitcoin ETFs to maintain the network. This includes Fidelity itself, which says it has been mining Bitcoin. Companies at the forefront of corporate adoption, such as MicroStrategy, may also help protect the network. However, some Bitcoin miners disagree, saying they do not believe that companies are willing to spend millions of dollars to keep the network running. Nick Hansen, CEO of bitcoin mining company Luxor, believes that the company will not be willing to pay the estimated cost of $1 million per hour to keep the bitcoin network running. "Will Fidelity be willing to pay this money? Probably not." Fidelity is the second largest bitcoin ETF provider, managing $20 billion in assets. As of press time, it has not responded to requests for comment on whether it will mine at a loss. However, Nishant Sharma, founder of BlocksBridge Consulting, pointed out that "as bitcoin mining becomes more challenging and less profitable, its role may change in the next few years, even if energy costs are low." Andy Fajar, CEO of bitcoin mining pool Loka Mining, said that governments and private companies are discussing whether it is worth mining at a loss. However, this depends on whether it is beneficial to the network or a country's strategic positioning. Jameson Lopp, CTO of cryptocurrency custodian Casa, believes that the theory is "unreliable." He said it assumes there is no demand for actual network usage, an unlikely scenario. “Will ETP eliminate the need for block space? Sure, but innovative developers can always come up with more uses for block space and potentially create more demand.” (DL News)
Jan 23, 2025 8:47 am

Frequently Asked Questions

  • What is the all-time high price of Cavatar (CAVAT)?

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

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  • How much Cavatar (CAVAT) is there in circulation?

    As of , there is currently 0 CAVAT in circulation. CAVAT has a maximum supply of 200.00M.

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  • What is the market cap of Cavatar (CAVAT)?

    The current market cap of CAVAT is 0. It is calculated by multiplying the current supply of CAVAT by its real-time market price of 0.000089772187.

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  • What is the all-time low price of Cavatar (CAVAT)?

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

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  • Is Cavatar (CAVAT) a good investment?

    Cavatar (CAVAT) has a market capitalization of $0 and is ranked #2372 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 Cavatar (CAVAT) price trends and patterns to find the best time to purchase CAVAT.

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