Summary
Convergence USD is a cryptocurrency. It has no revenue, no profit and no dividend: its price is set only by what buyers are willing to pay.
- In circulation
- 39%
- Yearly volatility
- 53%
What speaks for it
Nothing stands out in its favour.
What to watch
- It pays nothing and no profit stands behind it: the only return is a higher price.
- It swings 4.2 times as much as the S&P 500 index.
- In the last five years it once dropped by 100% from its high.
- Its supply has no fixed cap, so new coins can keep being created.
A cryptocurrency has no Bulios Score and no Fair Price - there are no company results to compute them from. This page shows how much of it exists, how it moves and how it compares.
Price
Performance
- 1 month
- +0.6%
- 3 months
- +84%
- This year
- +146%
- 1 year
- +101%
- 3 years
- -98%
- 5 years
- -100%
Where is the price within the last year?
Near the yearly high- Against the 50-day average
- +9.4%
- Against the 200-day average
- +62%
It is 7.0% below its highest and 214% above its lowest of the last year. The long-term trend points up: it is above its 200-day average.
How much does it swing?
It swings a lotOver the last year it swung 4.2 times as much as the S&P 500 index.
Volatility says how far the price usually moves in a year, up or down.
How has it done?
Losing value- A year on average, 5 years
- -82%
- Deepest drop
- -100%
- Yearly volatility
- 53%
Average yearly decline over the last five years: 82%. Deepest drop in these years: 100% below the earlier high.
How much of it exists?
No fixed cap- Created so far
- 10B
- Most there can be
- no cap
In circulation: 3.93B coins. Their number has no fixed cap. Created so far: 10B; the rest is not in circulation yet.
Does it move with stocks?
PartlyIts link with the S&P 500 over the last year is 0.30: 1 means the same moves, 0 none in common, -1 the opposite.