CHEQ (cheqd) has risen 12.04% in the last 24 hours.

Gate News Bot news, on September 5th, according to CoinMarketCap, as of the time of writing, CHEQ (cheqd) is currently reported at $0.02, with a rise of 12.04% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $14.4 million, an increase of $1.55 million from yesterday.

cheqd is a blockchain network focused on self-sovereign identity and verifiable credentials. It provides trust and commercial infrastructure for the identity and credential ecosystem, supporting various credential formats including SD-JWT, W3C VCDM, OpenID4VC, and more. cheqd's technology is designed to enable privacy-preserving data payments, incentivizing the release of data from silos, thereby enabling new data combinations and user experiences.

Important news about CHEQ recently:

1️⃣ cheqd network develops AI trust layer technology cheqd is developing an AI trust layer aimed at enhancing its self-sovereign identity and verifiable credentials system. This innovative initiative is expected to improve the security and reliability of the network, further consolidating cheqd's position in the digital identity space.

2️⃣ Market Focus on cheqd's Price Prediction With the increasing demand for digital identity solutions, investors are keeping an eye on cheqd's future performance. Market analysts are closely monitoring the price trends of CHEQ to assess its long-term growth potential.

3️⃣ cheqd continues to support multiple credential formats The cheqd network continues to support various credential formats including SD-JWT, W3C VCDM, and OpenID4VC, showcasing its versatility and adaptability within the digital identity ecosystem. This broad compatibility helps attract more partners and users.

From a technical perspective, CHEQ has broken through the $0.02 level, showing some upward momentum. However, considering its relatively small market capitalization, investors should closely monitor its liquidity and potential price fluctuations.

This message does not constitute investment advice; investors should be aware of market volatility risks.