Songbird Achieves Self Reported Market Cap of $81.51 Million (SGB)

Songbird (SGB) traded down 0.6% against the US dollar during the twenty-four hour period ending at 21:00 PM ET on March 18th. Songbird has a market cap of $81.51 million and approximately $398,303.19 worth of Songbird was traded on exchanges in the last 24 hours. In the last seven days, Songbird has traded 0.5% higher against the US dollar. One Songbird token can currently be bought for approximately $0.0082 or 0.00000030 BTC on major exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 10.9% against the dollar and now trades at $0.40 or 0.00001485 BTC.
• Aidi Finance (BSC) (AIDI) traded 0% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1.9% lower against the dollar and now trades at $0.0667 or 0.00000246 BTC.
• CareCoin (CARES) traded 1.9% lower against the dollar and now trades at $0.0827 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded 66.1% higher against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded down 1.9% against the dollar and now trades at $98.93 or 0.00365664 BTC.
• FEG Token (FEG) traded down 1.9% against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 1.9% against the dollar and now trades at $7,190.88 or 0.26577750 BTC.
• Lego Coin (LEGO) traded up 21.3% against the dollar and now trades at $0.0172 or 0.00000063 BTC.

About Songbird

Songbird’s genesis date was September 16th, 2021. Songbird’s total supply is 16,089,041,096 tokens and its circulating supply is 9,988,725,826 tokens. Songbird’s official Twitter account is @flarenetworks and its Facebook page is accessible here. The Reddit community for Songbird is https://reddit.com/r/flarenetworks and the currency’s Github account can be viewed here. The official website for Songbird is flare.xyz. The official message board for Songbird is flare.xyz/blog.

According to CryptoCompare, “Songbird is the Canary network for Flare, it will have two distinct phases. Prior to the launch of Flare, Songbird will be instrumental in the continued testing of the Flare Time Series Oracle, the StateConnector and F-Asset systems and the network architecture. The FTSO and F-Asset protocols will be live on Songbird with F-Assets generated from the underlying tokens. This will improve the security, stability and credibility of the ultimate launch of Flare.

Songbird has its own token, Songbird ($SGB), which was distributed once only and in the same ratio to all the same recipients of the FLR distribution.

SGB is the main utility and test token for the protocol. This token has a capped supply of 15 billion tokens. Notably, SGB was airdropped to eligible holders of Ripple’s XRP in July 2021. The system was set up to distribute 0.1511 SGB per every 1 XRP held. This was the only distribution of the token. There was no pre-mine conducted by the developers.”

Songbird Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Songbird directly using US dollars. Investors seeking to acquire Songbird should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Songbird using one of the aforementioned exchanges.

SGB/USD price chart by TradingView