Songbird (SGB) Tokenomics
Songbird (SGB) Information
Songbird is Flare's Canary Network and it will have two distinct phases. Songbird will play an important role in the ongoing testing of the Flare Time Series Oracle, StateConnector and F-Asset systems and network architecture ahead of the Flare launch. The FTSO and F-Asset protocols will be launched on Songbird, and F-Assets are generated from the underlying tokens. This will improve the security, stability and trustworthiness of Flare's eventual release.
Songbird (SGB) Tokenomics & Price Analysis
Explore key tokenomics and price data for Songbird (SGB), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Songbird (SGB) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Songbird (SGB) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of SGB tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many SGB tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand SGB's tokenomics, explore SGB token's live price!
How to Buy SGB
Interested in adding Songbird (SGB) to your portfolio? MEXC supports various methods to buy SGB, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
Songbird (SGB) Price History
Analyzing the price history of SGB helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
SGB Price Prediction
Want to know where SGB might be heading? Our SGB price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Buy Songbird (SGB)
Amount
1 SGB = 0.0053591 USD