Trending 
Trending
Copied ₹214.279
₹214.279
Market Cap
₹12.59 B -5.4927%
Circulating Supply
59957300
Max Supply
100000000
Volume
₹1.89 B
All Time High :
₹1507.68
All Time Low :
₹27.37
Price change in 24H :
₹0
24H High :
₹225.06
24H Low :
₹202.78
ORCA Token Price Live Data
As of Dec 10, 2024, the global cryptocurrency market cap is ₹296.53T with a -2.44% change in the last 24 hours. Today's price of ORCA is ₹430.33, with a 24-hour trading volume of ₹8.48 billion. ORCA is +61.21% in the last 24 hours, with a circulating supply of ₹53.4M ORCA coins and a maximum supply of 100.00B ORCA coins. It has a 24H all-time high of ₹1892.03 (-77.54%) recorded on Dec 16, 2021, and its 24H all-time low was ₹30.01 (+1316.1%), recorded on Jun 20, 2022. Easily buy and trade ORCA/INR tokens on SunCrypto, India's most secure and user-friendly cryptocurrency exchange, trusted by millions for their crypto trading needs!
The ORCA token is the governance and utility token of the Orca decentralized exchange (DEX), built on the Solana blockchain. Launched in August 2021 by Yutaro Mori and Grace Kwan, Orca aims to provide a user-friendly platform for trading cryptocurrencies with minimal fees and high transaction speed. ORCA facilitates governance decisions, incentivizes liquidity providers, and supports yield farming on Orca’s aquafarms, making it integral to the platform's functionality. Its price history reflects the volatile nature of the cryptocurrency market, peaking at $22.30 in November 2021 during a bull run but later declining to $0.40 in mid-2022 during a market downturn. However, ORCA has demonstrated resilience, with periods of recovery, including a significant rally to $8.85 in late 2023. With a strong emphasis on accessibility and innovative features like a Fair Price Indicator, Orca continues to expand its role in the DeFi ecosystem while exploring future applications such as NFT integration.The ORCA token was launched in August 2021 as the governance and utility token for the Orca platform, a decentralized exchange (DEX) on the Solana blockchain. Orca was co-founded by @YutaroMori, a software engineer with expertise in cryptography, and @GraceKwan, a product designer focusing on user experience. They aimed to simplify DeFi, leveraging Solana's fast transaction speeds and low fees to make decentralized trading more accessible and intuitive.
Launch and Initial Growth: ORCA debuted at around $4 and surged to its all-time high of $22.30 by November 2021, driven by the broader crypto bull market and increasing adoption.
Market Decline: The 2022 crypto downturn hit ORCA hard, with its value dropping to $0.40 mid-year.
Recovery and Volatility: In late 2023, ORCA rebounded, peaking near $9 before stabilizing around $5.97 by late 2024.
Market Trends: As with most cryptocurrencies, ORCA's price is influenced by Bitcoin's movements, Solana's growth, and general investor sentiment.
Platform Adoption: Increased trading activity, total value locked (TVL), and daily active users on Orca positively impact its value.
Tokenomics: ORCA’s controlled emissions, distribution to liquidity providers, and governance use bolster its utility and demand.
DeFi Ecosystem Expansion: Orca’s integration into new projects and partnerships drives interest and utility.
Regulatory Changes: Policies affecting cryptocurrencies can significantly impact investor confidence and price.
Governance: Holders of ORCA can vote on proposals affecting the platform's direction.
Yield Farming: ORCA incentivizes liquidity providers through aquafarms, enhancing DEX liquidity.
DEX Utility: The token is integral to transaction fees and rewards within the Orca ecosystem.
Future Innovations: Orca is exploring roles in NFT management and broader blockchain integrations.
Further Information
Orca stands out as a user-friendly DEX, featuring innovative tools like a Fair Price Indicator and an intuitive interface. These elements help maintain its strong position within the Solana DeFi space. Orca’s commitment to decentralization and green initiatives, including charitable contributions, adds to its appeal among environmentally conscious users. With ongoing development and strategic expansion, Orca continues to play a pivotal role in DeFi.
To know about more cryptocurrencies like ORCA Token (ORCA), visit SunCrypto Coin Analysis.
