Token ERA from Caldera is experiencing astonishing growth after its listing on major exchanges, stirring intrigue among investors.
Token ERA's Surge Post-Listing
Token ERA surged 121%, reaching an intraday high of $1.88 on July 18, resulting in a market capitalization of approximately $278 million. This rally was primarily driven by investor optimism following listings on platforms such as Binance, Coinbase, and Upbit.
General Token Information
During the token generation event held on July 17, a total supply of 1 billion ERA tokens was established, with 148.5 million in circulation, or 14.85% of total supply. 20 million ERA tokens were airdropped to Binance users through the exchange's airdrop program.
About Caldera and Its Token Launch
Caldera is a blockchain infrastructure provider known for its "Rollup-as-a-Service" offering that simplifies the creation of custom blockchains. The ERA token will serve as a key component of the Caldera ecosystem, supporting functions such as gas payments, validator staking, and community governance.
The rise of the ERA token amid major exchange listings highlights the volatility of the crypto market and the reaction of investors to emerging opportunities.
