Understanding the conversion rate between CORE and the US Dollar (USD) is essential for anyone involved in the cryptocurrency market. This guide provides a comprehensive overview of the current exchange rate, market statistics, historical performance, and practical conversion tools for CORE to USD.
Current CORE to USD Exchange Rate
The live exchange rate for CORE to USD is a critical piece of information for traders and investors. As of the latest update, the price of 1 CORE is $0.52 USD. This real-time value fluctuates based on market supply and demand, making it important to check the rate frequently before executing any trades.
Key Market Statistics
Staying informed about key metrics helps in assessing the asset's market position and liquidity.
- Current Price: $0.52 USD per CORE
- Market Capitalization: $521.91 Million. This figure represents the total value of all CORE tokens currently in circulation.
- 24-Hour Trading Volume: $12,204,456. This indicates the total amount of CORE traded in the last day, reflecting its market activity and liquidity.
Compared to the previous day, the CORE/USD exchange rate has increased by 3.8%, indicating positive short-term momentum.
Historical CORE to USD Performance
Analyzing historical data provides context for the current price and can help identify trends. The value of CORE has experienced significant changes over different time frames.
24-Hour Change
Over the past day, the price has seen a uniform increase of 3.8% across all amounts. For instance, 1 CORE was valued at $0.50 USD 24 hours ago, compared to $0.52 USD today.
1-Month Change
The one-month comparison reveals a downward trend. The value of CORE has decreased by approximately 26.1% over the past 30 days. One month ago, 1 CORE was worth $0.70 USD, highlighting a notable depreciation against the dollar.
1-Year Change
The year-over-year data shows a more substantial decline. The price has fallen by about 60.2% compared to its value one year ago, when 1 CORE was trading at $1.31 USD. This long-term view is crucial for understanding the asset's overall performance cycle.
Converting Other Amounts of CORE to USD
The conversion scales linearly based on the current rate. Here is a quick reference table for converting common amounts:
| Amount (CORE) | Value in USD (Approx.) |
|---|---|
| 0.1 CORE | $0.052 |
| 0.5 CORE | $0.26 |
| 1 CORE | $0.52 |
| 5 CORE | $2.60 |
| 10 CORE | $5.21 |
| 50 CORE | $26.03 |
| 100 CORE | $52.06 |
CORE Conversions to Global Currencies
Beyond the US Dollar, CORE can be converted into numerous other fiat currencies. This global accessibility is a key feature of many digital assets. Some popular conversion pairs include:
- Japanese Yen (JPY): 1 CORE ≈ 74.28 JPY
- Euro (EUR): 1 CORE ≈ 0.46 EUR
- British Pound Sterling (GBP): 1 CORE ≈ 0.39 GBP
- Canadian Dollar (CAD): 1 CORE ≈ 0.73 CAD
- Singapore Dollar (SGD): 1 CORE ≈ 0.69 SGD
These rates are derived from the current CORE/USD rate and the respective forex rates of the other currencies.
How to Convert CORE to USD
The process of converting CORE to USD typically involves using a cryptocurrency exchange. You would need to send your CORE tokens to an exchange that supports the CORE/USD trading pair, place a sell order at the desired price, and then withdraw the resulting US Dollars to your bank account. Some platforms also offer automated conversion tools that simplify this process. To explore more strategies for efficient trading and conversion, it's beneficial to understand the tools available on different platforms.
Factors Influencing the CORE to USD Rate
The exchange rate between CORE and the US Dollar is not static; it is influenced by a variety of factors:
- Market Sentiment: News, project developments, and overall trends in the crypto market.
- Supply and Demand: The basic economic principle of availability and desire to buy or sell.
- Overall Crypto Market Health: Major movements in Bitcoin and Ethereum often impact smaller altcoins like CORE.
- Regulatory News: Government regulations can significantly affect the price of digital assets.
Frequently Asked Questions
What does the CORE to USD conversion rate mean?
The CORE to USD conversion rate indicates how much one CORE token is worth in US Dollars. It is the price you would pay to buy one CORE or receive when selling one.
How do I use a CORE to USD converter tool?
Most online converters are straightforward. You simply enter the amount of CORE you wish to convert, and the tool will automatically display the equivalent value in USD based on the latest live exchange rate.
Can I buy CORE with USD?
Yes, you can. Many centralized and decentralized cryptocurrency exchanges allow you to purchase CORE directly using US Dollars. You will need to create an account on a supporting exchange, deposit USD, and then execute a buy order for CORE.
How much CORE can I get for 1 USD?
At the current exchange rate of $0.52 per CORE, 1 US Dollar would allow you to purchase approximately 1.92 CORE tokens (1 / 0.52 ≈ 1.92).
How much has the price of CORE changed recently?
In the past 24 hours, the price of CORE has increased by 3.8%. However, it has decreased by about 26.1% over the past month and roughly 60.2% over the past year, reflecting high volatility.
If I invested $1 in CORE a month ago, what would it be worth today?
If you had invested $1 in CORE one month ago, your investment would be worth approximately $0.74 today, representing a loss of about $0.26 due to the price decrease over that period. It's important to view real-time tools and perform your own research before making any investment, as past performance is not indicative of future results.