Covalent X Token
CXT
Evaluation Score
Overall rating on a scale of 0-10
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for CXT.
AI Analysis
Comprehensive evaluation of the token
Covalent X Token (CXT) presents a compelling investment case as a mature, high-utility infrastructure project. Achieving a weighted score of 8.52, the protocol excels in critical fundamental areas, particularly Security (9.5/10) and Team & Governance (9/10). The recent transition from CQT to CXT was executed flawlessly, neutralizing historical external risks while delivering on the aggressive 'Ethereum Wayback Machine' roadmap. Financially, CXT stands out with a ~98.5% circulating supply, virtually eliminating inflation risk—a rarity in the sector—while integrating a value-accrual mechanism where API revenue funds token buybacks. Although community sentiment is more professional than speculative, the project has secured a strong moat with 70,000+ developers and a clear competitive advantage over The Graph through its 'Unified API' and AI data availability focus. The combination of verified engineering quality, fully vested tokenomics, and experienced leadership positions CXT as a premier data infrastructure asset.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
Protect Your Crypto
Store your tokens securely with a hardware wallet. Ledger devices keep your private keys offline, protecting your assets from online threats and hacks.
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