Canton (CC) is trading at $0.1070 down 1.81% over the past 24 hours. Its Galaxy Score is 32.8, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 26.8K engagements and 74 posts with 92% positive social sentiment.
AI summary: Canton (CC) is a privacy-enabled Layer 1 blockchain underpinning institutional finance, tokenized asset settlement, and synchronizer operations on a dedicated financial-use network for tokenized equities, commodities and indices. Strong demand from the new perps and RWA catalyst is counteracted by aggressive net token inflation, high weekly volume crashes, and the subsequent squeeze on retail is pushing CC lower with a -4.72% weekly sell-off trend.