Summit

Summit PriceSUMMIT

C$0.000001150805295056970.051150
C$-0.00000009979200926694-0.079979-7.98%

Last updated:--

View Chart

Summit Price Today

Current SUMMIT/CAD real-time price is C$0.000001150805295056970.051150, with a 24-hour change rate of -7.98% and a 7-day change rate of -21.72%. SUMMIT currently ranks #6762 globally by market cap, with a total market cap of C$2.189879M, a fully diluted valuation (FDV) of C$2.460539M, and a 24-hour trading volume of C$1.772511K. In terms of supply, SUMMIT has a maximum supply of 2.1T, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Summit

What is Summit (SUMMIT)?

Summit (SUMMIT) is a meme token built on the Solana ecosystem. According to the project's own description, Summit introduces a Unite-to-Earn mechanism that rewards community participation and staking. The project positions itself around a community-driven staking model. According to the project, 99% of the total supply is staked in its Unite-to-Earn framework; this figure is self-reported and has not been independently verified. This staking focus is central to how Summit differentiates itself from typical meme coins, which often rely primarily on trading activity and social momentum rather than staking participation. Summit carries the Memes and Solana Ecosystem tags, placing it within the broader category of Solana-based community tokens. The token trades under the ticker SUMMIT and is listed on CoinMarketCap with the identifier UCID 33711.

Key Specifications & Tokenomics

  • Name: Summit
  • Ticker / Symbol: SUMMIT
  • Blockchain / Ecosystem: Solana Ecosystem
  • Category: Memes
  • Contract Address: A3vBwL3Pd6nkBqVo87D6TLWYG4ekWuDeqCoLFeyvRMcb
  • Total Supply: 2.1T SUMMIT
  • Max Supply: 2.1T SUMMIT
  • Circulating Supply: 1,860,000,000,000 SUMMIT (89% of total supply, per the project's self-reported figures); CoinMarketCap's registry lists 0 in circulation, reflecting unverified self-reported data.
  • Launch Date: 2 October 2024
  • CoinMarketCap Listing Date: 30 October 2024
  • Explorer: https://solscan.io/token/A3vBwL3Pd6nkBqVo87D6TLWYG4ekWuDeqCoLFeyvRMcb
  • CoinMarketCap ID (UCID): 33711

Total and maximum supply are both 2,100,000,000,000 SUMMIT, per CoinMarketCap registry data.

Who created Summit?

No named founders or core team members are published on the project's official channels (website, Telegram, X); the project presents itself as community-led. The project maintains a presence on CoinMarketCap with links to its website, whitepaper, social channels, and wallet resources. As with many community-oriented meme tokens, the project appears to prioritize community engagement over publicly identifiable leadership. Prospective holders should conduct their own research into the project's official communications before making any decisions.

How does Summit work?

Summit is a token on the Solana blockchain (contract address: A3vBwL3Pd6nkBqVo87D6TLWYG4ekWuDeqCoLFeyvRMcb). The project's core mechanism is described as Unite-to-Earn, a model that rewards community participation and staking. The token's design emphasizes locking up supply rather than leaving it freely circulating for trading. This structure is intended to reduce sell pressure and align holder incentives around long-term community participation. The Unite-to-Earn concept suggests that holders are rewarded not merely for holding, but for actively participating in community activities and staking pools. Summit is not mined through proof-of-work. According to the project, tokens are distributed through staking and community participation in its Unite-to-Earn framework. The whitepaper (https://msummit.io/Summit-Whitepaper.pdf) is the place to check the current reward and lock-up rules.

What makes Summit unique and valuable?

According to the project's own description, Summit introduces a Unite-to-Earn mechanism that rewards community participation and staking. The project describes itself as the first-ever meme token to introduce a Unite-to-Earn mechanism, powered by an ultra-engaged community, and states that with 99% of total supply staked it is set to redefine meme tokenomics and community-driven staking; these are the project's own claims and have not been independently verified. While many meme tokens rely on viral marketing and trading volume alone, Summit attempts to build utility through staking and community participation. This staking emphasis, if borne out, would reduce the liquid float available for trading. That can create distinct market dynamics, including potential price volatility on relatively small trading volumes. The project's positioning within the Solana ecosystem also benefits from Solana's high-throughput infrastructure, which supports efficient staking and reward distribution. However, investors should weigh these features against the inherently speculative nature of meme tokens and the limited transparency around team and token mechanics.

What is Summit used for?

SUMMIT serves primarily as the native token of the Summit community and staking ecosystem. Its main functions described by the project are staking and community participation, plus trading on supported markets. SUMMIT trades on the markets listed on its CoinMarketCap page; the available quote currencies are shown there. As a meme token, SUMMIT does not currently appear to function as gas, governance, or utility token in a broader decentralized application ecosystem beyond its own staking and community framework.

How Is the Summit ecosystem developing?

The Summit ecosystem is centred on its community and its staking mechanism. The project maintains an active presence on CoinMarketCap. The project links to its Telegram and X (Twitter) channels from its CoinMarketCap listing. Official resources are the website (https://msummit.io/), the whitepaper (https://msummit.io/Summit-Whitepaper.pdf), Telegram (https://t.me/officialsummit) and X (https://twitter.com/summitofficial2). Development activity beyond the core staking and community features is not extensively documented in the available reference material. The project's growth appears to depend heavily on community engagement and the continued participation of stakers in the Unite-to-Earn model.

How to mine Summit?

Summit is not mined through proof-of-work. According to the project, tokens are distributed through staking and community participation in its Unite-to-Earn framework. The whitepaper (https://msummit.io/Summit-Whitepaper.pdf) is the place to check the current reward and lock-up rules. Holders can stake SUMMIT tokens to participate in the ecosystem and potentially earn rewards. Those interested in staking should consult the project's official website and whitepaper for current instructions.

How to keep your Summit Coin safe?

Because SUMMIT is a token on Solana, it can be stored in Solana-compatible wallets. Users should choose reputable wallets that support Solana tokens and enable appropriate security features such as hardware wallet integration, seed phrase backup, and two-factor authentication where available. Never share private keys or seed phrases with anyone. Before interacting with any staking platform or smart contract, verify that you are using the official links provided on the project's CoinMarketCap listing or official website. Be cautious of phishing sites and fake tokens that use similar names. As with any cryptocurrency, only invest what you can afford to lose, and consider using a hardware wallet for significant holdings. Regularly review the project's official channels for security updates and announcements.

How to Buy and Use Summit

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsSummit is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Summit products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for SUMMIT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Summit FAQs

What is the live price, market cap, and 24h volume of Summit (SUMMIT)?

As of right now, the live price of Summit (SUMMIT) is C$0.000001150805295056970.051150. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SUMMIT to USD rate at the top of BTCC’s price page. In terms of market scope, Summit records a 24h trading volume of C$1.772511K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$2.189879M. Its current circulating supply stands at -- out of a maximum supply cap of 2.1T.

Why does the price of Summit (SUMMIT) fluctuate, and what drives its volatility?

The price volatility of Summit (SUMMIT) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (2.1T), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Summit (SUMMIT)?

Looking at its historical price performance, Summit (SUMMIT) hit an all-time high (ATH) of C$0.004011 on 2024-12-19 12:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.000000275030425706057970.062750 on 2026-04-06 08:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Summit (SUMMIT) price chart for futures trading?

When trading SUMMIT futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$1.772511K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Summit (SUMMIT) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s SUMMITUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Summit, simply log into your BTCC account with USDT margin available, navigate to the SUMMITUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Summit (SUMMIT) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for SUMMITUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Summit (SUMMIT) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.000001150805295056970.051150), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for SUMMITUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Summit (SUMMIT) on BTCC?

Trading Summit (SUMMIT) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SUMMITUSDT, and review its live price (C$0.000001150805295056970.051150) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.