Euro Coin is a stablecoin issued by Circle under the same reserve model as USD Coin (USDC). It is designed to be stable and 100% backed by euros held in euro denominated banking accounts. An Euro Coin (EUROC) will be redeemable 1:1 for the euro currency.
EURC Price Analysis
As of September 12 2024 EURC has a marketcap of $62M.
This is {{percentagefromath}} from its all time high of $1.35.
In terms of its tokenomics, there's a total supply of 56M with 100% currently outstanding.
Keep in mind EURC has a fully diluted value of $62M 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
