CARV is causing a ripple in the AI and blockchain spaces by emphasizing user empowerment and data sovereignty. Their native token, $CARV, is a central component in this system.
Let's go into the specifics and find out what sets CARV apart.
Tokenomics
Understanding the structure of $CARV is essential for grasping its potential impact. Here's a breakdown:
| Allocation | Percentage | Details |
|---|---|---|
| Nodes and Community | 50% | Incentivizes community participation and network decentralization. |
| Founding Team and Advisors | ~19.46% | Rewards the team and advisors for their contributions. |
| Early Investors | ~9.25% | Allocated to initial backers who supported CARV's vision. |
| Ecosystem and Treasury | 9% | Funds reserved for future ecosystem development and unforeseen expenses. |
| Private Fundraising | 8.3% | Capital raised through private investment rounds. |
| Liquidity | 4% | Ensures sufficient liquidity for trading and transactions. |
With a total supply of 1 billion tokens, CARV's distribution focuses on community participation and long-term viability. Of particular note, 40 million $CARV tokens are reserved for node acquisition, encouraging additional decentralization.
Valuation and Market Performance
As of April 2, 2025, $CARV is trading at approximately $0.3895, boasting a market capitalization of around $86.29 million. The 24-hour trading volume stands at $40.05 million, reflecting active market participation. The fully diluted valuation (FDV) is estimated at $389.55 million, considering the total token supply.
Price History
$CARV's price trajectory offers insights into its market dynamics:
| Date | Price | Event |
|---|---|---|
| Oct 10, 2024 | $0.2339 | All-time low |
| Nov 2, 2024 | $1.40 | All-time high |
| Apr 2, 2025 | $0.3895 | Current price |
The token experienced a significant surge shortly after its launch, reaching an all-time high in November 2024. However, it has since retraced, stabilizing around its current price.
Trading Volume
$CARV's 24-hour trading volume of $40.05 million reflects a good level of liquidity and trader interest. The volume implies that the token is being traded actively, offering opportunities for short-term traders as well as long-term investors.
Strengths and Weaknesses
Evaluating $CARV's pros and cons provides a clearer picture of its potential:
| Strengths | Weaknesses |
|---|---|
| Strong focus on data sovereignty and user empowerment. | High volatility in price movements. |
| Significant community and node allocation promoting decentralization. | Still in early stages; long-term viability yet to be proven. |
| Backed by reputable investors like Tribe Capital and Animoca Brands. | Faces competition from other blockchain projects with similar objectives. |
Confidence Score: 68%
In assessing the strengths and weaknesses of CARV, we have given it a confidence rating of 68%. This rating is a conservative optimism, acknowledging both its potential and current shortcomings. Although CARV has solid fundamentals and community-driven incentives, its price volatility and competitive environment pose risks.
Final Thoughts
CARV's focus on data sovereignty and its inclusion of AI and blockchain technologies make it stand out in its market. The design of the $CARV token represents a focus on community engagement and decentralized control. But potential investors need to be aware of the risk of inherent volatility and the project's early stage.
On the basis of information at hand, we give CARV a 68% confidence level, signaling a cautiously positive view. Though it has a good foundation and strategic direction, market volatility and competition are still things to observe closely.
