What is CLN Coin? Colu Local Network Project Overview
CLN Coin is the native cryptocurrency of the Colu Local Network project. The vision of Colu Local Network is to create an open, transparent payment infrastructure driven by everyday consumption, aiming to serve as an alternative to traditional credit card companies and closed payment networks. The project hopes to leverage blockchain technology to foster local economic development and encourage the circulation of funds within communities, thereby strengthening the economic vitality of local societies.
CLN tokens are issued on the Ethereum blockchain and comply with the ERC-20 standard.
Project Background and Development History
Colu Local Network conducted its Initial Coin Offering (ICO) from January 17 to January 24, 2018. Through this ICO, the project sold 228.95 million CLN tokens at a price of $0.1 per token, successfully raising $22.895 million. Key team members during the ICO included Omri Ross, Eden Shochat, and Santo Politi.
Tokenomics and Market Performance
As of August 2026, the circulating supply of CLN tokens is approximately 99,826,836, accounting for about 6.5% of its maximum supply of 1,540,701,334 tokens.
In terms of market price, CLN's all-time high reached approximately $0.063055. It should be noted that some historical data shows its all-time high as $0.001991, which may reflect differences in data sources or specific trading platforms. As of August 17, 2026, the current price of CLN is approximately $0.01949, with a market capitalization of approximately $1,945,707.
Investment Value Analysis and Risk Warning
The cryptocurrency market is highly volatile, and investment involves significant risks. For CLN Coin, its current market condition particularly warrants caution. As of September 3, 2026, CLN's 24-hour trading volume is zero, meaning there is no active trading market for the token, and effective transactions are lacking. In the absence of trading volume, the token's price discovery mechanism fails, liquidity is almost depleted, and investors will face extremely high bid-ask spreads and the risk of being unable to liquidate their holdings in a timely manner.
Therefore, although the Colu Local Network project once had its vision, current market data indicates that CLN no longer possesses active investment value. All information is for reference only and does not constitute any financial or investment advice. Before making any investment decisions, it is essential to conduct thorough independent research and consult a qualified financial advisor.
Ways to Acquire CLN Coin
Currently, there is no active trading market for this token.
