Copper
Invest in tokenized copper: a vital industrial metal for the global economy.
$COPX has led the category 7 days running this week
$COPE dropped out of the top ranks this week
$COPX · 46 gem score this week
$COPE +34.1% this week
3 tokens rose and 1 fell this week
$COPE sank to a 11 gem score this month
$CPERon is up 38.6% this month
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Holder Distribution ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Global X Copper Miners ETF - Backpack SecuritiesCOPX | $75.94 | 3.1% | -4.2% | -10.0% | $232,058 | $8,651 | 44.75 | ETF+1 | 5,943 | 0.338 | – |
US Copper Index Fund (Ondo Tokenized)CPERon | $40.08 | 2.2% | 0.4% | -0.7% | $109,216 | $0 | 39.59 | ETF+1 | 2,320 | 0.3275 | – |
CopperCopper | $0.00002772 | -70.7% | – | – | $29,684 | $132,439 | 26.97 | 456 | 0.7332 | – | |
COPPER PEPECOPE | $0.05216 | – | – | -16.2% | $8,765 | $0 | 20.4 | Meme+2 | 68 | 0.121 | – |
BNB Nasdaq CopperBNC | $0.05389 | 0.0% | – | – | $3,994 | $0 | 5.098 | 10 | 0.0466 | – |
Frequently asked questions
How has Copper performed recently?
The Copper category has seen limited activity over the past 7 and 30 days. In the 7-day window, one token was down and none were up, with US Copper Index Fund (Ondo Tokenized) exhibiting the highest score at 13.2339, while cash copper had the lowest at 5.8771. Over the 30-day period, one token was down and none were up. cash copper was a faller, seeing its score percentage decrease by 59.8% and its rank drop by 1. Despite this, cash copper recorded both the highest and lowest scores in the 30-day window, at 14.6191 and 5.8771 respectively.
What are tokenized copper assets?
Tokenized copper assets are digital representations of ownership or exposure to physical copper or copper-related financial instruments, recorded on a blockchain. This can include fractional ownership of physical copper, or tokens backed by copper futures contracts or ETFs.
Why would an investor consider tokenized copper?
Investors might consider tokenized copper for its potential to offer exposure to the copper market with enhanced liquidity, fractional ownership, and the transparency and efficiency of blockchain technology. It can potentially simplify access to commodity markets for some investors.
What are the benefits of tokenizing real-world assets like copper?
Tokenizing real-world assets such as copper can offer several benefits, including increased accessibility for a broader range of investors, potential for fractional ownership, enhanced liquidity through 24/7 trading, greater transparency through immutable blockchain records, and reduced administrative overhead.
What are the risks associated with investing in tokenized copper?
Risks associated with tokenized copper include price volatility of copper itself, the security and regulatory landscape of the underlying blockchain platform, potential counterparty risks if the token is not directly backed by physical assets, and the general risks inherent in cryptocurrency markets and digital asset custody.