Convert and Swap BORA BORA to United States Dollar USD
BORA/USD: 1 BORA equals $0.14 USD
BORA (BORA) is not tradable on Coinbase.
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Last update: 9:12 AM, December 23, 2024
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BORA market latest
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BORA is falling this week.
The current price of BORA is $0.14 per BORA. With a circulating supply of 1,099,750,000 BORA, it means that BORA has a total market cap of $156,412,110.94. The amount of BORA traded has fallen by $15,623,348.22 in the last 24 hours, which is a 60.16% decrease. Additionally, in the last day, $25,967,900.97 worth of BORA has been traded.
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About BORA
BORA is a decentralized ecosystem designed to cater to the gaming and entertainment industry. It aims to attract applications and games from the GameFi sector to its BORA Chain, providing an alternative to blockchains with high transaction fees. BORA operates on a two-tiered blockchain system, with the BORA token traded on the Klaytn blockchain, which is focused on metaverse and gaming use cases. The BORA Chain is a modular blockchain that can be used as an execution layer by decentralized applications. BORA also provides development toolkits to support developers in creating decentralized applications for its ecosystem and uses BORA Points, a currency within the ecosystem, to incentivize contribution and development.
BORA operates on a three-layered blockchain system: the application layer, the service layer, and the core layer. The core layer supports the ecosystem's infrastructure and data network, and it also facilitates the settlement of BORA points. Modeled after Ethereum, it uses a proof-of-stake consensus mechanism. The service layer houses APIs and software development kits that integrate with content and applications built for BORA. The application layer is where end users interact. It hosts all the content for the BORA ecosystem, as well as the asset management platform BORA app. BORA's modular structure allows developers to test and develop projects on its blockchain before taking them to other chains.
BORA aims to provide a solution for game developers who do not want to build on other blockchains. Its easy-to-navigate API, web interface, and full interoperability within its ecosystem make it an attractive platform for developers and content creators. BORA also provides infrastructure to manage and retain users, such as the BORA point system that integrates with its BORA token. The BORA app, part of the application layer, provides token exchange functions alongside access to free content applications. BORA's high transaction throughput opens up potential use cases in industries beyond gaming.
BORA was launched by a Korean team of blockchain and mobile development experts, with CEO Gyehan Song, an experienced game developer with over 20 years in the field, at the helm. The team has built partnerships with more than 30 companies in the blockchain and gaming space. BORA initially used to be an ERC-20 token but migrated to the Klaytn blockchain due to its focus on gaming and metaverse applications. After its update to BORA 2.0, BORA migrated from a proof-of-authority to a PBFT consensus mechanism, resolving many of the issues faced by other consensus mechanisms.
How BORA and United States Dollar differ
BORA and the US Dollar differ fundamentally in their nature, operation, and use cases. BORA is a decentralized ecosystem designed for the gaming and entertainment industry, operating on a two-tiered blockchain system. It aims to attract GameFi applications and games to its BORA Chain, offering an alternative to blockchains with high transaction fees. BORA's operation is based on a three-layered blockchain system: the application layer, the service layer, and the core layer. It uses a proof-of-stake consensus mechanism, similar to Ethereum, and provides development toolkits for creating decentralized applications. On the other hand, the US Dollar is a traditional fiat currency, controlled by the Federal Reserve, and used as the primary medium of exchange in the United States. It operates within a centralized banking system and does not utilize blockchain technology. While BORA seeks to provide solutions for game developers and content creators, the US Dollar serves as a universal medium for all types of transactions, without specific focus on any industry.
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BORA to United States Dollar conversion tables
The exchange rate of BORA is decreasing.
The current value of 1 BORA is $0.14 USD. In other words, to buy 5 BORA, it would cost you $0.71 USD. Inversely, $1.00 USD would allow you to trade for 7.04 BORA while $50.00 USD would convert to 351.97 BORA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.19%. Meanwhile, in the last 24 hours, the rate has changed by 1.85%, and that the the highest exchange rate of 1 BORA to United States Dollar was $0.15 USD and the lowest 24 hour value was 1 BORA for $0.14 USD. This time last month, the value of 1 BORA was $0.12 USD, which is a 17.9% decrease from where it is now. Looking back a year, BORA has changed by $0.16 USD. That means that in a single year, the value of BORA has shrank by 6.92%.
BORA to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.14 USD | -1.85% | $0.17 USD | -17.19% | $0.12 USD | 17.90% | $0.16 USD | -6.92% |
BORA to USD
Amount | Today at 9:12 am |
|---|---|
0.5 BORA | $0.07 |
1 BORA | $0.14 |
5 BORA | $0.71 |
10 BORA | $1.42 |
50 BORA | $7.10 |
100 BORA | $14.21 |
500 BORA | $71.03 |
1,000 BORA | $142.06 |
USD to BORA
Amount | Today at 9:12 am |
|---|---|
0.5 USD | 3.52 BORA |
1 USD | 7.04 BORA |
5 USD | 35.20 BORA |
10 USD | 70.39 BORA |
50 USD | 351.97 BORA |
100 USD | 703.95 BORA |
500 USD | 3,519.75 BORA |
1,000 USD | 7,039.50 BORA |
Today vs. 24 hours ago
Amount | Today at 9:12 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BORA | $0.0710 | $0.0719 | -1.24% |
1 BORA | $0.14 | $0.14 | -1.24% |
5 BORA | $0.71 | $0.72 | -1.24% |
10 BORA | $1.42 | $1.44 | -1.24% |
50 BORA | $7.10 | $7.19 | -1.24% |
100 BORA | $14.21 | $14.38 | -1.24% |
500 BORA | $71.03 | $71.92 | -1.24% |
1,000 BORA | $142.06 | $143.85 | -1.24% |
Today vs. 1 month ago
Amount | Today at 9:12 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BORA | $0.0710 | $0.0596 | +19.22% |
1 BORA | $0.14 | $0.12 | +19.22% |
5 BORA | $0.71 | $0.60 | +19.22% |
10 BORA | $1.42 | $1.19 | +19.22% |
50 BORA | $7.10 | $5.96 | +19.22% |
100 BORA | $14.21 | $11.92 | +19.22% |
500 BORA | $71.03 | $59.58 | +19.22% |
1,000 BORA | $142.06 | $119.15 | +19.22% |
Today vs. 1 year ago
Amount | Today at 9:12 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BORA | $0.0710 | $0.0791 | -10.24% |
1 BORA | $0.14 | $0.16 | -10.24% |
5 BORA | $0.71 | $0.79 | -10.24% |
10 BORA | $1.42 | $1.58 | -10.24% |
50 BORA | $7.10 | $7.91 | -10.24% |
100 BORA | $14.21 | $15.83 | -10.24% |
500 BORA | $71.03 | $79.13 | -10.24% |
1,000 BORA | $142.06 | $158.27 | -10.24% |
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