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About BOBA

Boba Network is an optimistic-based multichain layer-2 scaling solution that aims to unlock the potential of rollup technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has already deployed multichain support for Avalanche, BNB, Moonbeam and Fantom, supporting lightning-fast transactions and fees anywhere from 40-100X less than the respective layer-1. Boba Network is powered by Hybrid Compute technology that brings the power of Web2 on-chain, with smarter smart contracts that allow developers to leverage off-chain compute and real-world data to deliver enriched experiences for decentralized applications. $BOBA will be used for governance of the Boba DAO, which will be used for community initiatives and direction for the network’s future. Each $BOBA holder will get one vote for every token that they stake on Boba Network. Token holders will be eligible to submit proposals, vote, and delegate votes for proposals on the DAO in accordance with the governance guidelines.

Boba Network (BOBA) is a cryptocurrency launched in 2021. BOBA has a current supply of 500.00M with 171.62M in circulation. The last known price of BOBA is 0.209718112846 USD and is 0.034515798059 over the last 24 hours. It is currently trading on active market(s) with $7.97M traded over the last 24 hours. More information can be found at https://boba.network/.

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BOBA Price Statistics
BOBA’s Price Today
24h Price Change
+$0.03451579805919.70%
24h Volume
$7.97M63.49%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.221513038029
Market Dominance
0.00%
Market Rank
#804
BOBA Market Cap
Market Cap
$35.99M
Fully Diluted Market Cap
$104.86M
BOBA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BOBA Supply
Circulating Supply
171.62M
Total Supply
500.00M
Max Supply
500.00M
Updated Jan 28, 2025 4:49 pm
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BOBA
Boba Network
$0.209718112846
$0.034515798059(+19.70%)
Mkt Cap $35.99M
There's nothing here for now
FTX Asks Court to Dismiss Investors’ Claims Against “SAM Coins,” Including MAPS, OXY, SERUM, and BOBA
FTX Asks Court to Dismiss Investors’ Claims Against “SAM Coins,” Including MAPS, OXY, SERUM, and BOBA
At a court hearing on March 26, attorney Brian Glueckstein, representing the crypto exchange FTX, filed an application with Delaware Bankruptcy Judge John Dorsey to dismiss investors’ claims against the so-called “Sam Coins,” stating that in the ongoing In a bankruptcy case, the value of these coins should be zero. These tokens are closely related to FTX founder Sam Bankman-Fried (SBF), including the native token of travel platform Maps (MAPS), decentralized financial broker Oxygen (OXY), decentralized exchange Serum (SERUM), and Boba (BOBA) token. Brian Glueckstein said customer claims for these tokens should be significantly discounted or reduced to zero. Glueckstein explained that experts have carefully analyzed the value of these assets as of the filing date to determine a reasonable discount to value, and that the client’s valuation of these digital asset claims is based on a market that has never existed and never will exist. Sabrina Howel, valuation expert at FTX, concluded that since the company holds over 95% of OXY and MAPS tokens (which were once closely tied to SBF), it will take decades to liquidate them. Based on its analysis, FTX asserts that its claims related to the MAPS and OXY tokens, which are worth over $600 million at current exchange rates, should be deemed worthless. Meanwhile, claims related to SERUM tokens (worth $509 million) should be discounted by approximately 58%. However, FTX customers who still hold these “Sam Coins” objected to these valuations and demanded that FTX’s attorneys’ estimates be overturned. Clients claim the combined value of the four digital assets is still over $1.1 billion. Judge Dorsey said it was difficult to formally quantify the value of cryptocurrencies, describing digital assets as having "no intrinsic value." He said: "The only value comes from the transaction itself. As far as I know, cryptocurrency trading is only based on emotion and has no other value." He heard arguments from both sides and said he would consider the matter before ruling on how to estimate the value of the controversial crypto assets. (Cointelegraph)
Mar 27, 2024 2:20 pm

Frequently Asked Questions

  • What is Boba Network?

    Boba Network is a blockchain Layer-2 scaling solution and hybrid compute platform offering lightning fast transactions and fees up to 60x less than Ethereum.Our Hybrid Compute brings the power of Web2 on-chain, with smarter smart contracts that allow developers and creators to leverage off-chain compute and real-world data to offer an enriched experience unlike anything else on the market today.We’re delivering a faster, cheaper, smarter experience for Ethereum’s next billion users.

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  • What is the all-time high price of Boba Network (BOBA)?

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

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  • How much Boba Network (BOBA) is there in circulation?

    As of , there is currently 171.62M BOBA in circulation. BOBA has a maximum supply of 500.00M.

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  • What is the market cap of Boba Network (BOBA)?

    The current market cap of BOBA is 35.99M. It is calculated by multiplying the current supply of BOBA by its real-time market price of 0.209718112846.

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  • What is the all-time low price of Boba Network (BOBA)?

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

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  • Is Boba Network (BOBA) a good investment?

    Boba Network (BOBA) has a market capitalization of $35.99M and is ranked #804 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 Boba Network (BOBA) price trends and patterns to find the best time to purchase BOBA.

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