The current real-time price of TITAN is $0.0{8}3823. In the past 24 hours, TITAN has traded between $0.0{8}3767 and $0.0{8}4410, showing strong market activity. The all-time high of TITAN is $64.19, and the all-time low is $0.0{8}3534.
From a short-term perspective, the price change of TITAN over the past 1 hour is , over the past 24 hours is +0.81%, and over the past 7 days is -0.95%. These figures provide a quick overview of the latest price trends and market dynamics of TITAN on LBank.-5.83%
The live price of TITAN today is $0.0{8}3823, with a current market cap of --. The 24-hour trading volume is 9.52. The price of TITAN to USD is updated in real time.
Before deciding whether to buy or sell TITAN, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s TITAN technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for TITAN.
How much will TITAN be worth tomorrow, next week, or next month in ? What about your TITAN assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! TITAN Price Prediction
To learn more about TITAN, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
polygon-pos | 0x51e3...bc75e0  | 4.309T | 12.37% |
polygon-pos | 0x0d8a...3dc85b | 1.214T | 3.49% |
polygon-pos | 0xa28a...1411d9 | 1.202T | 3.45% |
polygon-pos | 0x22de...37ed67 | 1.194T | 3.43% |
polygon-pos | 0x69cc...f45365 | 864.464B | 2.48% |
Other | 26.049T | 74.78% |
The TITAN token experienced a dramatic drop to virtually zero within a single day in June 2021. This was triggered by a "bank run" scenario, where large holders began selling off their tokens, leading to widespread panic. The token's design, as part of an algorithmic stablecoin project, created a "negative feedback loop" as more TITAN was minted due to redemptions of the associated stablecoin, further exacerbating the sell-off.
Iron Finance was the platform behind the TITAN token, aiming to provide a stablecoin called IRON. The stablecoin's value was partially backed by another stablecoin and partially by TITAN. TITAN served as a governance token and was dynamically used as collateral for the associated stablecoin. Its value fluctuations were intended to incentivize the creation or burning of the stablecoin to maintain its intended peg.
While speculation suggested a "rug pull," experts and analysts largely attribute the crash to a flawed algorithmic design and panic-induced selling. The protocol's mechanism for maintaining the associated stablecoin's peg involved minting additional TITAN when the stablecoin's value deviated, which exacerbated the sell-off and created a destructive cycle. This points more towards a critical flaw in its tokenomics rather than an intentional scam.
Billionaire investor Mark Cuban was a liquidity provider for TITAN and had publicly acknowledged his involvement shortly before its collapse. He confirmed he "got hit like everybody else" by the crash, clarifying his role as a liquidity provider. His presence drew significant attention to the project, and his experience underscored the inherent risks in such investments, even for prominent figures.
Key risks included the inherent volatility of speculative tokens, potential flaws in the underlying algorithmic stablecoin's code, and the vulnerability to a "bank run" from widespread selling. The protocol's unsustainably high incentives led to investor unease and mass exits. This event vividly demonstrated the inherent weaknesses of partially collateralized algorithmic stablecoin designs when subjected to significant market stress.
The crash resulted in a near complete loss of value for TITAN holders, and the total value locked in the associated protocol plummeted dramatically. It also caused the IRON stablecoin to de-peg significantly from its intended target. This served as a stark cautionary tale regarding the significant risks within decentralized finance and the complex, often fragile nature of certain algorithmic stablecoin designs.
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