- What is Recall (RECAL) and what problem does it aim to solve?
- Recall is a cryptocurrency designed to address a specific use case in its ecosystem (the project’s whitepaper or official materials describe the exact problem). In general, tokens like Recall aim to facilitate fast, low-fee transfers, enable governance voting, or power a decentralized application. To understand Recall’s purpose, check the official project website or whitepaper for the mission statement, use cases, and any unique features such as staking, liquidity pooling, or cross-chain capabilities. Knowing the targeted problem helps determine whether the token’s value is tied to network adoption, real-world utility, or speculative trading.
- How many Recall tokens are in circulation, and what is the max supply?
- As of now, approximately 220,022,779.23 Recall tokens are in circulation. The project has a maximum supply of 1,000,000,000 Recall tokens, meaning there could be up to one billion tokens minted over time subject to the token’s economic design. If you’re assessing potential investment, consider how the circulating supply relative to max supply may impact price dynamics, as well as any token release schedules, burn events, or vesting periods that could alter supply over time.
- What is the current price and recent performance of Recall?
- Recall is currently trading around $0.078 per token. In the last 24 hours, the price decreased by about 0.95%, reflecting a modest daily decline. When evaluating performance, look beyond single-day moves and examine longer timeframes, trading volume, liquidity on major exchanges, and any recent project news or market-wide factors that could influence price. Also consider the currency pair you’ll trade Recall against, as relative strength can vary between BTC, ETH, USDT, or other stablecoins.
- Where can I buy and securely store Recall tokens?
- Recall can typically be purchased on crypto exchanges that list the token; common options include centralized exchanges and decentralized platforms that support ERC-20 or the token’s native standard. Before purchasing, verify the token contract address on official channels to avoid counterfeit tokens. For storage, use a secure wallet that supports Recall’s token standard (hardware wallets like Ledger, or software wallets with proper security settings). Always enable two-factor authentication, keep your private keys offline, and consider a hardware wallet for long-term holdings. Be mindful of network fees and confirmation times on the chosen network.
- What should I consider before investing in Recall?
- Before investing, assess Recall’s fundamentals: the team, roadmap, use case, and community support. Review the tokenomics, including supply dynamics, burn or vesting mechanisms, and any utility that drives demand. Evaluate liquidity on reputable exchanges and the token’s historical volatility. Also monitor market risk factors such as overall crypto sentiment, regulatory developments, and the project’s ongoing development activity. Diversify your portfolio, only invest what you can afford to lose, and consider setting a risk management plan with clear entry and exit criteria.
