Degen

Overview: IAG is the native cryptocurrency of the Iagon platform, which focuses on decentralized cloud storage and computing. It allows users to participate in a shared storage economy while earning rewards.

Market Statistics:

Market Cap: Approximately $98.66 million.
24h Trading Volume: Around $191.4K.
Total Supply: 1 billion IAG tokens, with a circulating supply of 376.02 million IAG[4].
Functionality:

Staking: Users can stake IAG tokens to become storage providers or stakeholders, earning rewards in the process[5].
Node Maintenance: Staking also allows users to utilize validator nodes, with profits shared based on agreed terms[5].
Network Participation: The IAG token is essential for the operation of Iagon's decentralized services, rewarding miners and validators to maintain network integrity[5].
Price Performance:

Recent Price Range: The token's price has fluctuated between $0.2611 and $0.2961 in the last 24 hours, with an all-time high of $0.3874 recorded on December 3, 2024[4].