Latest Movements
Eigenlayer (EIGEN) is currently priced at $1.54 with a 24-hour trading volume of $85.9M. The market cap of Eigenlayer stands at $679.12M, with 210.81M EIGEN in circulation. For those looking to buy or trade Eigenlayer, PrimeXBT offers avenues to do so securely and efficiently
- Market cap
- $679.12M
- 24h volume
- $85.9M
- Circulating supply
- 210.81M EIGEN
Frequently Asked Questions About Buying Eigenlayer (EIGEN)
- What is EigenCloud (EigenLayer) and what problem does it aim to solve?
- EigenCloud, formerly known as EigenLayer, is a cryptocurrency project focused on optimizations and layer-2 style functionality within its ecosystem. The goal is to improve scalability, security, and efficiency for developers and end users by enabling streamlined staking, data availability, or middleware services. Investors should note the project’s emphasis on practical deployment scenarios, such as cross-chain interoperability and enhanced validator coordination. Always review the official project materials for the current roadmap and how EigenCloud plans to implement these features in its mainnet or testnets.
- What is the current price and circulating supply of eigen, and how has it moved recently?
- As of now, EigenCloud's native token eigen trades around $0.335 per coin, with a 24-hour price change of approximately -2.02%. The circulating supply is roughly 543.33 million eigen, which represents the portion of the total supply currently in circulation. Price movements can be influenced by broader crypto market trends, project updates, and liquidity on major exchanges. For precise, real-time data, check a reputable market data source and verify the timestamp of the feed you’re using.
- Where can I buy or trade eigen, and which networks or exchanges support it?
- Eigen (eigen) can typically be traded on decentralized and centralized exchanges that list the token. Start by checking major aggregators or the project’s official channels for a reputable list of liquidity venues. When trading, consider the security of the exchange, available trading pairs (eigen/BUSD, eigen/ETH, etc.), and the trading fees. If you’re a new trader, start with a small amount, enable two-factor authentication, and consider transferring funds to a secure wallet after trading. Always confirm that you are interacting with legitimate contract addresses and official token listings.
- What are the use cases and practical utility of eigen within the EigenCloud ecosystem?
- The eigen token typically serves as the governance and utility backbone of EigenCloud. Possible uses include staking to participate in network security, paying for services (such as data availability or middleware execution), participating in governance votes to steer protocol upgrades, and potentially earning rewards for contributing resources or validating activities. The exact utility can evolve with the roadmap, so review the latest governance proposals and tokenomics documentation from EigenCloud to understand staking rewards, lockup periods, and any inflation or burn mechanics that affect long-term value.
- What should I know about EigenCloud’s tokenomics and risks as an investor?
- Key considerations include total supply versus circulating supply, staking rewards, potential inflation, and any burn mechanisms. Understand how eigen emissions are structured (annual percentage yield, distribution to stakers or validators), and whether there are caps on staking or penalties for slashing. Risks to consider include market volatility, smart contract risk, project development risk, and liquidity risk on exchanges. Always diversify, perform due diligence on the project’s whitepaper and audits, and avoid investing more than you can afford to lose. Keeping up with official announcements and security audits can help you manage risk more effectively.
