Snowbank
SB#592 by market capNot covered. The criterion it missed: homepage could not be fetched (<urlopen error [SSL: TLSV1_ALERT_INTERNAL_ERROR] tlsv1 alert internal error (_ssl.c:1081)>).
What it is for
Snowbank
Crypto-backed tokens
11 coins tagged Crypto-Backed Tokens, worth $506.77M together. Bigger circle, bigger coin. Order is size only.
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below.
Problem it says it solves: crypto-backed tokens. 11 coins are working on it and together they are worth $506,773,898. This coin is 7% of that.
Crypto-Backed Tokens 11 coins, together worth $506.77M. Sorted by size.
The average coin in this group is worth $47.1M. To match it, this coin's price would need to rise 32%, to about $295.04.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Snowbank | $35,766,434 | −0.7% | – | no record |
| Olympus | $304,719,596 | +0.6% | – | none dated |
| TempleDAO | $58,422,562 | +2.3% | – | no record |
| eBTC | $44,513,911 | – | – | no record |
| Nirvana ANA | $31,130,541 | – | – | no record |
| DEFI.ssi | $12,147,363 | −3.8% | – | no record |
| Wrapped Hypertensor | $7,742,737 | +0.1% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Snowbank
No record yet, so nothing to draw.
What is coming
Snowbank
No record yet.
Price and size
Snowbank
The last 7 days
Where today sits against its highest ever price
Highest ever: $8,357 on 7 November 2021. Today is 3% of that.
$224.04 −0.7% today
7 days +2.6%. Market cap $35,766,434, #576 of all coins. Its all-time high was $8,357 on 7 November 2021, so it is −97.3% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Snowbank is for crypto-backed tokens. We have not written its record yet, so its promises are not checked. It trades at $224.04, #576 of all coins by size, 97% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Snowbank
100%
of all SB that will ever exist is already out in public hands: 159.64K coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
- 159.64Kin circulation of 159.64K total. No hard maximum is set, so more can be created.
- 999999999.0×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $8,357 on 7 November 2021. That is −97.3% from the top.
- #576by market cap, $35,766,434.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
159.64K coins, all of them already out. Nothing is held back to be released later.
$224.04 −0.7% today
7 days +2.6%. Market cap $35,766,434, #576 of all coins. Its all-time high was $8,357 on 7 November 2021, so it is −97.3% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Snowbank is for crypto-backed tokens. We have not written its record yet, so its promises are not checked. It trades at $224.04, #576 of all coins by size, 97% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Snowbank
Crypto-Backed Tokens: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Snowbank$35.77Mthis coin−0.7%no maxno record
Olympus$304.72M8.5× bigger, +$268.95M+0.6%, gap +1.3no maxnone dated
TempleDAO$58.42M1.6× bigger, +$22.66M+2.3%, gap +3.1no maxno record
eBTC$44.51M1.2× bigger, +$8.75M–no maxno record
Nirvana ANA$31.13M1.1× smaller, −$4.64M–no maxno record
DEFI.ssi$12.15M2.9× smaller, −$23.62M−3.8%, gap −3.0no maxno record
Wrapped Hypertensor$7.74M4.6× smaller, −$28.02M+0.1%, gap +0.9no maxno record
Wrapped AyeAyeCoin$3.99M9.0× smaller, −$31.78M+2.4%, gap +3.1100% outno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Crypto-Backed Tokens: this coin next to the group's largest, Olympus.
| Snowbank | Olympus | |
|---|---|---|
| Years trading | 5 years | 6 years |
| Major exchanges | 0 | 0 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 0 |
| Promises delivered | no record | no record |
What it says is different: Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank…
It is 11.7% the size of Olympus, and the facts above do not show why. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Crypto-Backed Tokens 11 coins, together worth $506.77M. Sorted by size.
The average coin in this group is worth $47.1M. To match it, this coin's price would need to rise 32%, to about $295.04.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Snowbank | $35,766,434 | −0.7% | – | no record |
| Olympus | $304,719,596 | +0.6% | – | none dated |
| TempleDAO | $58,422,562 | +2.3% | – | no record |
| eBTC | $44,513,911 | – | – | no record |
| Nirvana ANA | $31,130,541 | – | – | no record |
| DEFI.ssi | $12,147,363 | −3.8% | – | no record |
| Wrapped Hypertensor | $7,742,737 | +0.1% | – | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Crypto-backed tokens
11 coins tagged Crypto-Backed Tokens, worth $506.77M together. Bigger circle, bigger coin. Order is size only.
In the news
Snowbank
Nothing in the news this month.
Snowbank is for crypto-backed tokens. We have not written its record yet, so its promises are not checked. It trades at $224.04, #576 of all coins by size, 97% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
Snowbank
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below.
Problem it says it solves: crypto-backed tokens. 11 coins are working on it and together they are worth $506,773,898. This coin is 7% of that.
Venue list not fetched yet.
Worth a look?
Snowbank
2 of 4
- ✓A real-world jobReal-world purpose: crypto-backed tokens
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $35.77M, 9 times smaller than Olympus, the biggest coin doing the same thing (Crypto-Backed Tokens)
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Snowbank is for crypto-backed tokens. We have not written its record yet, so its promises are not checked. It trades at $224.04, #576 of all coins by size, 97% below its highest ever price.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Crypto-Backed Tokens: this coin next to the group's largest, Olympus.
| Snowbank | Olympus | |
|---|---|---|
| Years trading | 5 years | 6 years |
| Major exchanges | 0 | 0 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 0 |
| Promises delivered | no record | no record |
What it says is different: Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank…
It is 11.7% the size of Olympus, and the facts above do not show why. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below.
Problem it says it solves: crypto-backed tokens. 11 coins are working on it and together they are worth $506,773,898. This coin is 7% of that.
The record
Snowbank
Not covered. The criterion it missed: homepage could not be fetched (<urlopen error [SSL: TLSV1_ALERT_INTERNAL_ERROR] tlsv1 alert internal error (_ssl.c:1081)>).
Homepage as listed: https://www.snowbank.finance/