Canto presents the radical notion that core DeFi primitives should exist as Free Public Infrastructure (FPI). Having observed the growth of the DeFi space, three core primitives have emerged to anchor any healthy DeFi ecosystem: decentralized exchanges (DEX), lending markets, and a decentralized unit of account.
Canto chooses to launch all these core DeFi primitives as public utility protocols, or Free Public Infrastructure (FPI).
CANTO Price Analysis
As of November 24 2024 CANTO has a marketcap of $14M.
This is {{percentagefromath}} from its all time high of $0.764501.
In terms of its tokenomics, there's a total supply of 1B with 61% currently outstanding.
Keep in mind CANTO has a fully diluted value of $22M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
