Songbird price today, SGB to USD live price, marketcap and chart | CoinMarketCap (2024)

FAQs

Songbird price today, SGB to USD live price, marketcap and chart | CoinMarketCap? ›

Songbird Price Live Data

The all-time high of Songbird is $0.52.

Songbird price prediction, SGB's price has pumped by 0.10% in the last 24 hours. Songbird's price prediction for the most bearish scenario will value SGB at $0.0056 in 2024. Songbird's previous All Time High was on 29 September 2021 where SGB was priced at $0.71.

The price of Songbird (SGB) is $0.006614 today with a 24-hour trading volume of $519,241.

Sovereign Gold Bond Premature Redemption Price

Thus, the final redemption price for the SGB 2016 Series I redemption due on 8 February 2024 is Rs. 6,271 per unit of SGB based on the simple average of closing price of gold for the week of 29 January -02 February 2024.

Meanwhile, DigitalCoinPrice made a songbird crypto price prediction that said SGB could trade at $0.0410 in 2023 and $0.0492 in 2024. By 2025 the site suggested it could be worth $0.0696, before it could go on to $0.0885 in 2026, $0.10 in 2028 and could close the decade at $0.14.

Individual and HUF investors can invest a minimum amount equivalent to one gram gold and a maximum investment worth 4kg. Trusts and other entities specified by the government can invest up to 20kg worth of gold. SGBs are issued with a maturity period of 8 years.

Songbird (SGB) Price Prediction 2024-2030

Songbird can go as high as $0.01657 from now until 2030. The potential ROI of buying Songbird at current price of $0.006736 is +145.00% , The all-time-high of Songbird is $0.7133 . Songbird has moved -0.19% in the last 24 hours, and -6.41% in the past 7 days.

Though the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after fifth year from the date of issue on coupon payment dates. The bond will be tradable on Exchanges, if held in demat form. It can also be transferred to any other eligible investor.

Is Songbird worth buying? ›

Songbird FAQ

The short answer is, it depends on your own individual circ*mstances and risk tolerance. For those that see a long term prospect behind decentralization, Songbird may be a worthwhile purchase.

1 SGB equals 0.0072 USD. The current value of 1 Songbird is +3.55% against the exchange rate to USD in the last 24 hours.

SGBs are issued with a maturity period of 8 years. Investors are allowed early redemption/encashment after 5 years. Alternatively, they can sell the bonds on the secondary market if they are listed from the date specified by the RBI.

How to buy Songbird. You can buy Songbird on Kraken's crypto platform. Create your free account and connect a funding method to buy over 200 cryptocurrencies including SGB.

SGB is the native cryptocurrency of the Songbird network and is used to pay transaction fees, vote on network governance decisions and interact with Songbird's applications.