Songbird (SGB) Price

Songbird (SGB) is the native cryptocurrency of the Songbird network, which serves as a canary network for the Flare ecosystem. Launched in September 2021, SGB functions as a utility token used for: 1. Paying transaction fees on the network 2. Participating in network governance through voting 3. Securing the network through its consensus mechanism Currently ranked #780, SGB is trading at $0.001350 with a 24-hour change of -3.31%. The token has a total supply of 19.23B SGB and a circulating supply of 17.06B SGB. SGB enables developers to test applications before deploying them on the main Flare network, making it an essential component of the broader Flare ecosystem that focuses on bringing smart contract functionality to non-smart contract cryptocurrencies. The token's price has ranged between $0.001389 and $0.001707 in the past 24 hours, with a trading volume of $23.84K.

Songbird was created on September 16, 2021. It was launched as a canary network for the Flare Network, designed to provide a testing environment for applications before they are deployed on the main Flare Network. Songbird serves as both a utility token and a governance token within its ecosystem, allowing holders to participate in network decisions and access various services.

Songbird was co-founded by Hugo Philion (CEO), Sean Rowan (CTO), and Nairi Usher (Chief Scientist). These three founders established the Songbird network as part of the Flare ecosystem. Hugo Philion serves as the CEO, bringing leadership to the project, while Sean Rowan contributes technical expertise as CTO, and Nairi Usher provides scientific guidance as Chief Scientist. The founding team launched Songbird in 2021 with the vision of creating a canary network for Flare that would enable testing of new features and applications before deployment on the main Flare network.

Songbird operates on the Songbird network, which functions as a high-speed blockchain environment designed to accelerate innovation and facilitate new decentralized application launches. As a canary network for Flare, SGB allows users to safely test potential network upgrades before implementation on the main Flare blockchain. The network utilizes a unique consensus mechanism that combines elements of Federated Byzantine Agreement (FBA) with Flare's native Flare Time Series Oracle (FTSO), enabling fast transaction processing and enhanced security. SGB tokens serve multiple purposes within the ecosystem, including governance voting, providing data to the FTSO system, and paying for network transactions. With a total supply of 19.23B SGB tokens, Songbird supports smart contracts and cross-chain interoperability, making it particularly valuable for developers looking to build and test applications in a production-like environment before deploying to Flare.

Songbird operates on a layered technical architecture designed for scalability and security. At its core, it uses a modified Proof-of-Stake consensus mechanism called the Flare Time Series Oracle (FTSO), which enables validators to provide price data feeds. The network implements the Avalanche consensus protocol for fast transaction finality. The architecture includes the State Connector system that allows Songbird to securely read state from other blockchains without relying on centralized oracles. It also features the Flare Virtual Machine (FVM) which is EVM-compatible, allowing developers to deploy Ethereum-based smart contracts. Songbird's architecture supports native interoperability with multiple blockchains through its F-Asset system, enabling wrapped versions of tokens from other networks. With a total supply of 16,089,041,095 tokens, Songbird serves as both a utility token for network operations and a governance token for protocol decisions.

Songbird has a promising future as part of the Flare Network ecosystem. The roadmap focuses on expanding the network's utility through F-Asset systems, state connector technology, and enhanced DeFi capabilities. As a canary network, Songbird plays a crucial role in testing new features before implementation on the main Flare network. Key upcoming developments include: • Enhanced cross-chain interoperability • Expansion of the developer ecosystem • Integration with more blockchain networks • Improved governance mechanisms • Scaling solutions for better transaction throughput With $0.001350 currently and a market cap of $23.05M, Songbird aims to increase adoption through strategic partnerships and continued technical innovation through 2026 and beyond. The team's focus remains on building sustainable infrastructure for decentralized applications while maintaining security and scalability.

SGB is rising due to positive market sentiment, ecosystem developments, and a 1.36% price increase in the last 24h. The recent 36.16% gain over 60 days shows growing investor confidence in the Songbird network.

Songbird is currently dropping due to a -19.14% decline over the past 30 days, despite showing a positive -3.31% in the last 24 hours. Market sentiment and lower trading volume ($23.84K) have contributed to this downward pressure.

Songbird could reach $0.01 by 2027 and potentially $0.02 by 2031. Current price is $0.001350 with an all-time high of $0.7133. Market analysis suggests steady growth if adoption continues.

Songbird price may rise in 2026 based on current market trends. With $0.001350 now and -3.31% 24h change, analysts expect potential growth if market conditions remain favorable. Technical indicators and adoption rates will be key factors.

The current price of Songbird (SGB) is $0.001350. As the #780 cryptocurrency by market cap, SGB has seen a -3.31% change in the last 24 hours with a trading volume of $23.84K.

The highest price Songbird has ever reached was $2.60, recorded on September 15, 2021. This represents the all-time high (ATH) for SGB since its launch.

The lowest price Songbird has ever been recorded at $0.000643. This historical low occurred in the last year, while the current price stands at $0.001350.

Currently, 1 SGB is worth $0.001350.

Songbird is valuable as a utility token in the Flare network ecosystem, enabling smart contracts and DeFi applications. Its value derives from network adoption, market demand, and its role in governance. Currently priced at $0.001350 with $23.05M market cap, Songbird offers potential growth as the ecosystem expands.

Songbird has a total supply of 16,089,041,095.89 SGB tokens. Currently, 15,758,729,098.12 SGB are in circulation, with no maximum supply limit defined.

No, Songbird mining is not profitable as it uses a non-mining consensus model. Current price at $0.001350 with -3.31% change makes staking more viable than traditional mining approaches.

Songbird was launched on September 17, 2021. It serves as a native token for governance and voting on the Songbird platform.

Currently, one SGB costs $0.001350.

You can buy Songbird through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy SGB at $0.001350. Crypto ATMs also offer direct purchases.

To purchase SGB, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to SGB trading pair, enter purchase amount, and confirm your transaction. Store your SGB in a secure wallet for safekeeping.

Songbird is a legitimate cryptocurrency launched in 2021, currently ranked 780 with a price of $0.001350. While it operates on the Flare Network with established development, it lacks major regulatory oversight. As with all cryptocurrencies, users should research thoroughly before investing.

Songbird (SGB) is the native token of the Songbird network, functioning as a canary network for Flare. It's used for transaction fees, governance voting, and testing DApps before deployment on the main Flare network.

Songbird could potentially reach $0.0074 in the short term. The average price is expected to be around $0.0073 by the end of 2026. Long-term forecasts suggest it may stabilize at $0.0053 by 2031.

Songbird has potential for growth as the Flare network expands. Its value may increase with wider DeFi adoption and ecosystem development. Current price $0.001350 could rise significantly by 2031 if network utility continues to improve and market conditions remain favorable.

You can buy SGB on several major cryptocurrency exchanges. Look for platforms that offer SGB/Songbird trading pairs with good liquidity. Current trading volume is $23.84K across various exchanges.