Question 1

What is the Cartesi token?

Accepted Answer

What is the Cartesi token?

The Cartesi token (CTSI) is Cartesi's native fungible token, serving as the core element of the Cartesi ecosystem. It operates as an ERC-20 utility token on the Ethereum blockchain (and other EVM-compatible chains), fueling decentralized applications (dapps), smart contracts, and the staking mechanism within the Cartesi platform.

Question 2

What are the primary use cases of the Cartesi token (CTSI)?

Accepted Answer

What are the primary use cases of the Cartesi token (CTSI)?

CTSI serves multiple crucial roles within the Cartesi ecosystem, including enabling decentralized applications (dapps), supporting network security through staking, facilitating transaction fees within the platform, and acting as a governance token. Its diverse use cases make it a key component of the Cartesi project.

Question 3

What are the tokenomics of the Cartesi token (CTSI)?

Accepted Answer

What are the tokenomics of the Cartesi token (CTSI)?

The CTSI crypto has a capped total supply of one billion tokens, fostering scarcity and potentially influencing its value over time. Staking rewards in CTSI incentivizes community involvement and regulates token circulation. Additionally, Cartesi employs a deflationary mechanism, periodically burning a portion of transaction fees to reduce the overall token supply.

Question 4

How has the Cartesi token price performed since 2020?

Accepted Answer

How has the Cartesi token price performed since 2020?

$CTSI started trading at $0.015 in 2020, reaching an all-time high (ATH) of $1.75 in 2021. It experienced significant price fluctuations, bottoming at $0.09 during the 2022 bear season. The token has shown signs of recovery in 2023 and 2024, with notable price movements, including a 75% increase in a single day on January 21, 2024. To explore the live $CTSI price on a dynamic chart, use the above “Price Chart” section.

Question 5

Should you invest in CTSI?

Accepted Answer

Should you invest in CTSI?

By using Moralis Money's cryptocurrency analysis site - this token page - you can access real-time, on-chain metrics for the Cartesi token. As such, you can leverage these insights to make informed decisions about buying or selling $CTSI. Particularly useful are the Price Chart and Alpha Metrics sections, which essentially empower you to determine if/when to buy $CTSI.

Question 6

Where can I buy the Cartesi token (CTSI)?

Accepted Answer

Where can I buy the Cartesi token (CTSI)?

You can purchase $CTSI on various exchanges, but non-custodial methods are recommended for greater control over cryptocurrencies. This Moralis Money page grants you access to the platform’s instant crypto swap feature. The latter is a user-friendly, safe, and affordable path, allowing you to buy the Cartesi token without compromising security. However, before you even consider taking any action, make sure to properly analyze the CTSI price and its real-time on-chain metrics.