Songbird Price
sgb
Price Statistics
SGB Live Price Summary
As of May 1, 2026, the total market cap is $12.78M with a change of +7.88% in the last 24 hours. The price of SGB today is $0.00074243. The 24 hour trading volume is $111.73K. The circulating supply of SGB is 17.05B with a maximum supply of --. SGB ranks 1070 by market cap. The highest price in the last 24 hours is $0.0007502. The lowest price in the last 24 hours is $0.00069285.
Songbird price analysis by TradeGPT
- SGB is currently oscillating within a range, with the market sentiment showing subtle signs of recovery but lacking a confirmed trend.
- Technically, price fluctuations have narrowed, and there have been no clear breakthroughs at key support and resistance levels.
- It is advisable to remain on the sidelines in the short term and focus on the safety boundary within the 0.
- 012~0.
- 015 zone.
- For the mid-to-long term, it is essential to closely monitor ecosystem developments and institutional capital flows.
- Only when price-volume resonance and structural positive factors emerge should one consider increasing positions in line with the prevailing trend.
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Songbird News
Standard Chartered Bank predicts the European Central Bank will raise interest rates by 25 basis points in June.
SoSo Macro | US Q1 GDP Misses Expectations; March PCE Hits Three-Year High
Tokyo’s key inflation gauge unexpectedly slowed and remained below the Bank of Japan’s target, supporting policymakers’ cautious approach toward resuming interest-rate hikes.
Wall Street Breakfast | May 1, 2026
About Songbird (SGB)
What Is Songbird (SGB)?
Songbird (SGB) is the native token of Songbird, a test network for Flare, which is a project designed to facilitate decentralized data access across blockchains via the cross-chain interoperability of decentralized applications.
As a canary network, Songbird provides a platform for developers to carry out advanced testing for their applications before they launch them on Flare blockchain. Songbird is also instrumental in testing key features on Flare, such as the Flare Time Series Oracle (FTSO) and state connector.
As a token, SGB exists as an independent cryptocurrency from Flare’s FLR token and plays a crucial role in helping users familiarize themselves with the Flare blockchain.
Songbird (SGB) Price
Songbird token entered the market at around $0.30 in September 2021. SGB surged in value at the end of that month as it was distributed in the same ratio to the XRP holders who participated in the Flare (FLR) distribution in December 2020. The event drove SGB to its all-time high of $0.71 on Sep 30, 2021.
After a slight correction at the start of October that year, SGB continued to rise along with the bullish momentum at that time to hit $0.64 on the first day of November 2021. Immediately after, SGB dropped sharply to find support around $0.34 in mid-November.
The token price rose slightly in the second half of November, but not as intensely as other cryptocurrencies, which were pumping hard in the bullish market.
Then in December 2021, SGB experienced a massive drop when it fell from $0.53 on Dec 12 to below its launch price and closed the year at $0.18. The bearish trend continued into 2022, dropping below $0.10 in the last weeks of January 2022.
SGB wasn’t spared from the Luna crypto crash in mid-May, when it crushed to $0.022 on May 16 following the de-pegging of TerraUSD (UST). SGB has yet to recover from this drop and has stagnated at around $0.01 for many months.
What Is SGB Used For?
SGB is the native token of the Songbird network. It plays a utility and governance role on the platform.
As a governance token, SGB is used to test governance-led functionalities by facilitating voting on proposals from the user community before they’re moved to the Flare blockchain. SGB holders can also delegate their voting rights to others and earn a share of the rewards gained.
Additionally, SGB is used within the Songbird ecosystem to test key apps and services before being deployed on Flare. FLR token holders can experience the Flare network through Songbird without risking their tokens, while still earning SGB tokens.
Songbird (SGB) Tokenomics
Songbird had a starting total supply of 15 billion tokens with an initial annual inflation rate of 10%. As a result, the current total supply as of early March 2023 is 16,934,314,905 SGB tokens, with 11,346,662,938 in circulation.
Who Is the Founder of Songbird (SGB)?
The Flare team co-founders, Hugo Philion (CEO), Sean Rowan (CTO) and Naïri Usher (Chief Scientist), developed Songbird.
Read more: Songbird Crypto: The Canary Network for Flare
How to Store SGB
Some recommended wallets for storing SGB are Bifrost Wallet and MetaMask, and hardware wallets D’CENT, ELLIPAL and Ledger.
View More
Frequently Asked Questions about SGB(Songbird)
- As of May 1, 2026, Songbird (SGB) is trading at $0.00074243.
- In the last 24 hours, the lowest price is $0.00069285, and the highest price is $0.0007502, with a trading volume of $111.73K.
- The market cap is $12.78M, ranking it #1070 among all cryptocurrencies.
Disclaimer
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Investors are urged to thoroughly evaluate their financial capacity for trading or holding digital assets and are advised to seek consultation from qualified legal, tax, or investment professionals based on individual circumstances.
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Price History (USD)
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