77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Covalent = 0.09821 GBP||1 000 GBP = 10,182.48993 CQT|
|100 Covalent = 9.82078 GBP||100 000 GBP = 1,018,248.99 CQT|
|Currently in circulation: 572,920,038 CQT||The maximum amount of CQT in circulation: 1,000,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Covalent price
|Current price||0.0982 GBP / 0.1213 USD / 0.1133 EUR|
|Total market value||56,434,399 GBP / 69,689,219 USD / 65,085,689 EUR|
|Price change in the last 24h||1.62%|
|Price change in the last 7 days||-4.98%|
|Updated||May 31, 2023, 1.59 am|
In the last 24h, the price of the cryptocurrency Covalent has increased by 1.62%. Even though the currency price has been increasing in the last 24h, the value of the cryptocurrency Covalent has decreased by 4.98% within the last 7 days. Therefore, it cannot be said there is a long-term increasing trend. The total market value of the cryptocurrency Covalent as of Jan 12, 2022, is 69,689,219 USD (roughly 56,434,399 GBP), which makes it the 358th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: Spell Token | Civic | Wrapped NXM
|Date||CQT/USD||Price in GBP||Change in 24h|
|May 30, 2023||0.120 USD|
|May 29, 2023||0.120 USD|
|May 28, 2023||0.122 USD|
|May 27, 2023||0.122 USD|
|May 26, 2023||0.127 USD|
|May 25, 2023||0.125 USD|
|May 24, 2023||0.122 USD|
|May 23, 2023||0.127 USD|
|May 22, 2023||0.125 USD|
|May 21, 2023||0.122 USD|
|May 20, 2023||0.128 USD|
|May 19, 2023||0.135 USD|
|May 18, 2023||0.131 USD|
|May 17, 2023||0.137 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Covalent in a day/week/month?
Predicting the CQT price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Covalent worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not CQT is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.