Relay Token on BNB Chain
RELAY / WBNB
Price: $0.0649
Token: 0xe338d4250a4d959f88ff8789eaae8c32700bd175
Pair: 0x1de027ded494175c229c016a9697f85794006a59
Links
Token: 0xe338d4250a4d959f88ff8789eaae8c32700bd175
Pair: 0x1de027ded494175c229c016a9697f85794006a59
Price
$0.0649
Change 24h
-
2.51%
High 24h
$0.0682
Low 24h
$0.0635
Market cap
$42.85K
Volume 24h
$2.20
Liquidity
$2.80K
Tax
0%
Holders
1.2K
Added to BNB
3 years ago
Updated: 2024-12-5 04:02 UTC
Created: 2021-8-4 18:21 UTC
Pressure
Introducing Relay Token (RELAY): A New Arrival on the BNB Chain
Welcome to the detailed profile of Relay Token (RELAY), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Relay Token (RELAY) was launched with the intent to join the thriving BNB Chain ecosystem.
This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.
At NewCoinHub, we provide up-to-date and comprehensive data about Relay Token (RELAY) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.
Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.
Read on to learn more about Relay Token (RELAY) and find answers to some frequently asked questions.
Token description
RELAY is a multi cross-chain platform developed to bring BaaS (Bridging as a Service) to help the often fragmented DeFi liquidity space. What is really unique to our bridge is that when a new ecosystem is created, our bridge connects that asset and ecosystem to all the other ones we support. At launch we currently support bridging to Ethereum, BSC, Avalanche, Polygon (Matic), and Heco — with more coming soon. Relay's bridges were first to introduce the bridge gas token faucet to Defi where the bridge itself airdrops the native gas token to new users to reduce friction for people starting out on new chains. Our goal at Relay Chain is simple, ""Have the best and safest bridge"". We will provide value to our token holders by giving them native gas tokens for providing liquidity instead of our native project token (RELAY). By doing this we eliminate all sell pressure to Relay and we can give the highest APY's to Relay Liquidity Providers. This allows us to have a token that provides value, and it's deflationary (via buyback and burns) which is doing with a portion of the gas token profits from bridge transactional volume. The brings the positive feedback loops and true ecosystem synergy into the Relay Chain ecosystem where all partners provide utility to the end users of our platform.
Token overview
What is Relay Token (RELAY)?
Relay Token (RELAY) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.
What is the price of Relay Token today?
As of our latest update, the current price of one Relay Token (RELAY) is approximately $0.0649. Please note that cryptocurrency prices are extremely volatile and can change rapidly.
How do I buy Relay Token?
You can purchase Relay Token (RELAY) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of Relay Token.
What is Relay Token smart contract address?
The smart contract address for Relay Token (RELAY) is 0xe338d4250a4d959f88ff8789eaae8c32700bd175. Always verify smart contract addresses before making transactions to avoid scams.
What is the Relay Token Market Cap Today?
The market cap of Relay Token (RELAY) as of today is $42,849.36. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.
What is the last 24h Relay Token trading volume?
The trading volume of Relay Token (RELAY) in the last 24 hours was $2.20. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.
How much liquidity does Relay Token have?
As of now, the liquidity of Relay Token (RELAY) is $2,795.11. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.
How many people are holding Relay Token?
Currently, there are 1201 holders of Relay Token (RELAY). This number refers to the total count of unique addresses holding at least some amount of Relay Token.
Frequently asked questions
What is a Newly Launched Crypto Token?
A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.
What is the BNB Chain?
The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.
What is PancakeSwap?
PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.
What is a smart contract address?
A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.
What does token liquidity mean?
Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.
What does token trading volume mean?
Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.
What is a token holder?
A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.
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The information provided on this site does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the site's content as such. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
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