Breaking: $CORE Spike 19% Amidst Breaking From A Falling Wedge The price of Satoshi Core ( MIL:CORE ) broke our of a falling wedge delivering 19% in gains today.
The asset has since being in a falling wedge pattern ever since it surge to $2 in late November, 2024. This price correction led to about 84% loss in market value. However, recent price action posits that MIL:CORE is gearing up for a breakout with about 200% gain in sight.
With increasing momentum as hinted by the RSI at 69, MIL:CORE could be on the cusp of a breakout. Similarly, data from Defilama shows a growing ecosystem in the CORE blockchain, with about $549.72 Million locked in Total value lock (TVL) in DeFi.
What Is Core (CORE)?
Core (CORE) is built as an L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). The Core network is powered by the “Satoshi Plus” consensus mechanism, which secures the network through a combination of delegated Bitcoin's mining hash and delegated Proof-of-Stake (DPoS). The protocol is backed by its native token, CORE.
Core Price Live Data
The Core price today is $0.598662 USD with a 24-hour trading volume of $58,909,857 USD. Core is up 19.65% in the last 24 hours. The current CoinMarketCap ranking is #88, with a market cap of $598,189,722 USD. It has a circulating supply of 999,210,618 CORE coins and a max. supply of 2,100,000,000 CORE coins.
