token price

USAGE SUMMARY

The phrase "token price" is correct and usable in written English.
It can be used in contexts related to cryptocurrency or digital assets, referring to the market value of a specific token. Example: "The token price has surged significantly over the past week, attracting more investors to the market."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

20 human-written examples

"Another day, another token price cut – this one to be enacted as Easter draws to a close.

The Guardian - Money

Crédit Agricole is in talks to offload its unprofitable Greek subsidiary, Emporiki, to Alpha Bank for a token price of just €1.

The Guardian - Business

The government in Berlin, which wants to buy the bank for a token price and wind it down, is paying him little heed, and neither are fellow shareholders.

The New York Times

DealBook »   French Bank Agrees to Sell Greek Unit  |  Crédit Agricole of France is selling its Emporiki Bank division in Greece to Alpha Bank for a "token price" of 1 euro, Bloomberg News reports.

The New York Times

(Embarrassingly, she has demanded that Mr Saakashvili should give her government-owned property for a token price).The sorry state of the opposition should not obscure Mr Saakashvili's flaws.

The Economist

He was handed the struggling publication for a token price by Jon Moulton's Better Capital, which has lost £23m trying to make a go of the business since rescuing it from administration in 2010.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

37 human-written examples

This targeted an abuse by which corporations provided jets to grateful lawmakers to dash about on political errands at token prices.

The New York Times

Token prices themselves can be tracked across 24 hours, seven days or 30 days.

TechCrunch

The company made a profit in the region of $450-$450-$500 millionendependentonen prices) from itokenrst year of opricesons.

TechCrunch

This is likely the project's attempt to be more user friendly, meaning a smaller dollar to Eco token conversation rate so regular users aren't scared away by high token prices, which often happens with bitcoin.

TechCrunch

Binance made a profit in the region of $450-$450-$500 millionendependentonen prices) from itokenrst year of opricesons —  according to fromres from the company, whits uses 20 percent ofirst quarterlyearofits toperations according' ito BNB token — but it will always be a refiguresn ofrome cryptheindustry, and thus it needs it to be healthy.

TechCrunch

Expert writing Tips

Best practice

When writing about cryptocurrency, specify the exact "token price" you are referring to and the relevant exchange or time frame for accuracy.

Common error

Avoid using "token price" interchangeably with market capitalization. The "token price" is the cost of a single unit, while market capitalization reflects the total value of all tokens in circulation.

Linguistic Context

The phrase "token price" functions as a noun phrase, typically acting as the subject or object of a sentence. It refers to the market value or cost of a digital token, often in the context of cryptocurrencies. Ludwig AI confirms this usage through numerous examples from various sources.

Expression frequency: Common

Frequent in

News & Media

50%

Science

25%

Formal & Business

25%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "token price" is a grammatically sound and frequently used term that refers to the market value of a digital token, predominantly in the cryptocurrency domain. Ludwig AI confirms the correctness and usability of this phrase. Its primary function is informational, conveying the cost of a digital asset to investors and others. While found in various contexts, it is most prevalent in news and media sources, maintaining a neutral to professional tone. When discussing "token price", ensure clarity and avoid confusing it with related concepts like market capitalization. Understanding its context and usage will aid in effective communication about digital assets.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cryptocurrency value

Replaces "token" with "cryptocurrency" to specify the type of digital asset, broadening the scope but maintaining the core meaning.

digital asset cost

Substitutes "price" with "cost" to reflect the financial outlay associated with acquiring the token.

market value of the token

Emphasizes the current trading value within the market for the specified digital token.

token's valuation

Replaces "price" with "valuation" to indicate the estimated worth or appraisal of the token.

cost per token

Focuses on the individual price unit for each token within a transaction or exchange.

token exchange rate

Highlights the rate at which a token can be exchanged for other currencies or assets.

current token rate

Emphasizes the present or real-time price available for the digital token in question.

price of a digital coin

Uses 'digital coin' instead of 'token,' specifying a particular type of digital asset.

value of the token

Replaces "price" with "value" focusing on the overall worth of the digital asset.

token trading price

Highlights the price at which tokens are actively being traded in the market.

FAQs

How to use "token price" in a sentence?

You can use "token price" to describe the current value of a cryptocurrency, as in, "The "token price" of Ethereum has fluctuated significantly this week."

What can I say instead of "token price"?

You can use alternatives like "cryptocurrency value", "digital asset cost", or "market value of the token" depending on the context.

Which is correct, "token price" or "token value"?

Both "token price" and "token value" are acceptable, but "token price" specifically refers to the monetary cost, while "token value" can encompass broader aspects of worth.

What factors influence the "token price" of a cryptocurrency?

Several factors affect "token price", including market demand, supply, news events, regulatory changes, and technological advancements in the blockchain.