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Wonderland TIME (TIME) is the 971st largest cryptocurrency in the world by market cap, valued at $10,572,121. The current price of Wonderland TIME is $11.75, which is -0.957% lower than yesterday. Prices have ranged between $11.93 and $11.56 over the past 24 hours. All prices are listed in US dollars and accurate as of March 20, 2023 02:03 UTC.
Wonderland can be described as a decentralized cross-chain reserve currency that has TIME token as its base currency. To elaborate, each TIME token has been pegged to a basket of cryptos such as MIM, AVAX, etc, thereby helping its intrinsic value stay constant and not fall below a certain value.
According to the project whitepaperwhitepaper the aim of Wonderland is to create a “policy-controlled currency system” that harnesses Avalanche’s blockchain capabilities while being bridgeable with a number of other ecosystems as well.
As part of its long term vision, the project seeks to create TIME into a stable unit of exchange that can be used on a global scale not only as a unit-of-account but also a medium-of-exchange currency.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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