Subsocial

SUB Price

What is Subsocial about?

Subsocial is a next-generation content monetization and social networking platform that enables anyone to build innovative social applications on top of a shared social layer. It allows users to truly own their connections, data, and profiles, providing a foundation for future social apps.

What makes Subsocial unique?

Subsocial is built on the Polkadot network, offering robust security and seamless communication with other chains. It features a decentralized on-chain treasury and governance system, allowing for upgrades without forking, based on SUB token holders' decisions. The native token SUB enables governance participation, treasury management, username registration, creator staking, content creation, and energy generation to reduce fees. Subsocial stands out by being custom-built for social use cases while maintaining ecosystem access, avoiding traditional slow and expensive bridges.

What's the history of Subsocial?

Subsocial was built using the Polkadot SDK, integrating social primitives and the IPFS decentralized file system for storage. It is designed as Polkadot's social layer, emphasizing censorship resistance and built-in monetization mechanisms.

What's next for Subsocial?

Subsocial aims to continue leveraging Polkadot's ecosystem to enhance its social networking capabilities and expand its use cases, ensuring it remains at the forefront of decentralized social platforms.

What can Subsocial be used for?

Subsocial can be used for building social applications, content monetization, creator staking, governance participation, and creating decentralized social networks. It supports various features like posts, profiles, comments, and likes, all within a censorship-resistant environment.

Where can you buy Subsocial?

SUB tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Subsocial is Hydration, where the most active trading pair SUB/DOT has a trading volume of $11.32 in the last 24 hours.

What is the daily trading volume of Subsocial (SUB)?

The trading volume of Subsocial (SUB) is $11.32 in the last 24 hours, representing a -37.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Subsocial (SUB)?

Subsocial (SUB) reached an all-time high of BTC0.0₆4192 and an all-time low of BTC0.0₈3671. It’s now trading -96.90% below that peak and 41.40% above its lowest price.

What is the market cap of Subsocial (SUB)?

Market capitalization of Subsocial (SUB) is BTC5.1961 and is ranked #4315 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SUB tokens (850 Million tokens are tradable on the market today).

What is the fully diluted valuation of Subsocial (SUB)?

The fully diluted valuation (FDV) of Subsocial (SUB) is BTC6.1724. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion SUB tokens are in circulation today. Depending on how the emission schedule of SUB tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Subsocial compare against its peers?

With a price decline of -3.20% in the last 7 days, Subsocial (SUB) is outperforming the global cryptocurrency market which is down -4.10%, while underperforming when compared to similar Polkadot Ecosystem cryptocurrencies which are up 0.00%.