Fundamentally sound project with utility. Just launched. Clearly found a bottom. Who knows where it can go! Currently 60MM MCAP(eanuts)
From Coingecko: Covalent is a blockchain data provider. Developers can integrate with its API to bring in data points such as transaction, wallet balance, NFTs, and more.
Instead of sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.
Investors of Covalent includes Woodstock Fund, 1kx Capital and Mechanism Capital, Binance Labs, Coinbase Ventures, Delphi Ventures, Hypersphere Ventures, and other ecosystem partners. A public sale round on CoinList was held and a successful $10 million in funding was closed.