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What is Router Protocol (Old) (ROUTE)?

Router Protocol (Old) basic info

Name:Router Protocol (Old)
Ticker:
ROUTEBuy now
Introduction:

What is Router Protocol (ROUTE)?

The Router Protocol aims to connect different assets across various Layer 1 and Layer 2 networks through the use of stablecoins as a means of exchange. These networks are based on different blockchain architectures, such as Ethereum, and off-chain networks built on top of them.

Who are the Founders of Router Protocol (ROUTE)?

The founders of Router Protocol are Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg.

How does Router Protocol (ROUTE) Work?

The Router Protocol not only allows for the transfer of assets but also facilitates the secure and transparent transmission of arbitrary messages across different chains, thereby expanding the potential for composability in DeFi. The protocol boasts a variety of features, including the ability for users to convert assets across blockchains, flexible fee payment options, a modular mesh network for enhanced scalability, a cross-chain settlement engine to ensure smooth transactions, a proprietary pathfinder algorithm for ideal cross-chain exchanges, and SDKs for developers to build complex cross-chain blockchain applications. Additionally, the Router Protocol utilizes DFYN AMM as a fallback source during a lack of stable assets, and it is optimized to work with the internal DEX, DFYN Exchange, to ensure complete transactions.

What is the ROUTE Token?

The Router Protocol includes its own token, ROUTE, which gives users the ability to participate in governance by voting on proposals for protocol changes. When users make cross-chain transactions, the protocol imposes transaction fees that are divided between validators and liquidity providers. Those who pay the fees with ROUTE tokens receive a 50% discount. Additionally, users can pay for both gas and transaction fees using ROUTE tokens.

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Current price:
All-time high:$19.04
All-time low:$0.03841

ROUTE supply and tokenomics

Circulating supply:16,792,120 ROUTE
Total supply:20,000,000 ROUTE
Max supply:20,000,000 ROUTE
Market cap:$22.65M
Fully diluted market cap:$26.98M
Token allocation:
Ecosystem Fund
25.42%
Foundation
20.00%
Reward Pool
17.22%
Team
15.00%
Partners & Advisors
10.00%
Private Round 2
5.11%
Others
4.25%
Seed Round
3.00%
Tokenomics:

Token utility

$ROUTE is the native token of Router Protocol. The holders of the $ROUTE token will be able to use their tokens to take part in Router's governance by voting on Router's proposals concerning protocol amendments and upgrades. Router Protocol will also simplify the process of paying gas fees for cross-chain transactions by enabling users to pay a combined (gas + transaction) fee in $ROUTE tokens.

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What is the development prospect and future value of ROUTE?

The market value of ROUTE currently stands at $22.65M, and its market ranking is #703. The value of ROUTE is not widely recognized by the market. When the bull market comes, the market value of ROUTE may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ROUTE has broad market potential and significant room for development. The distinctiveness and appeal of ROUTE may attract the interest of specific groups, thereby driving up its market value.

What will the price of ROUTE be in 2025?
Based on ROUTE's historical price performance prediction model, the price of ROUTE is projected to reach $2.92 in 2025.
What will the price of ROUTE be in 2030?
In 2030, the ROUTE price is expected to change by +10.00%. By the end of 2030, the ROUTE price is projected to reach $6.19, with a cumulative ROI of +358.86%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ROUTE and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ROUTE worth investing or holding? How to buy ROUTE from a crypto exchange?

If you want to buy ROUTE, the following information may be helpful for your investment decisions:
In the last 7 days, the price of ROUTE has fallen by -23.70%, leading to negative returns for most ROUTE investors. The market is currently pessimistic about the price trend of ROUTE.
It is important to note that the current price of ROUTE has retreated by -92.92% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ROUTE is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ROUTE or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ROUTE, if you want to buy or sell ROUTE, you can consider Bitget for your trading needs. The best place to buy ROUTE is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Router Protocol (Old) has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Router Protocol (Old). Here's a step-by-step guide on how to buy Router Protocol (Old) on Bitget.

How to get Router Protocol (Old) through other methods?

Using cash to buy Router Protocol (Old) is not the only way to obtain Router Protocol (Old). If you have the time to spare, you can get Router Protocol (Old) for free.
Learn how to earn Router Protocol (Old) for free through the Learn2Earn promotion.
Earn free Router Protocol (Old) by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Router Protocol (Old) airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Router Protocol (Old) through Bitget Convert, Bitget Swap, or spot trading.

What is Router Protocol (Old) used for and how to use Router Protocol (Old)?

The use case of Router Protocol (Old) may expand as the crypto market and the project itself develop. Currently, you can use ROUTE to achieve the following goals:
Arbitrage by trading ROUTE: Since ROUTE is a frequently traded cryptocurrency, the price of ROUTE is always fluctuating. Earn more ROUTE by buying low and selling high on the exchange. Bitget spot market provides a variety of ROUTE trading pairs to fully meet your needs.
Earn by staking ROUTE: You can also generate income through financial management methods such as staking ROUTE or lending ROUTE. Bitget Earn offers a variety of financial products designed to help you earn more income from your ROUTE.
Send or pay ROUTE: If you want to give ROUTE to your friends, a charity, or a fundraiser, or you want to pay someone with ROUTE, you can quickly and easily send ROUTE to the recipient through their payment address.
You can also go to the official website of the Router Protocol (Old) project to learn more about the use cases of ROUTE. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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