Introduction to the CORE Project

Core is an EVM-compatible Layer1 blockchain featuring a self-developed “Satoshi Plus” consensus mechanism. This mechanism uniquely delegates Bitcoin’s Proof-of-Work (PoW) hash power and combines it with Delegated Proof-of-Stake (DPoS) for dual validation. This allows the Core network to inherit Bitcoin’s security while supporting Ethereum’s smart contract functionalities, offering a scalable and secure infrastructure for developers and users alike.

Core Coin is the native on-chain token used to pay transaction fees, participate in governance, and receive staking rewards. It is a critical component for maintaining network operations and incentives. Overall, the Core project introduces a novel approach to the “blockchain trilemma” and holds strong potential. Its structural advantage of “Bitcoin-level security + EVM composability” provides a unique edge in today’s Layer1 market.

CORE project logo (Image source:https://docs.coredao.org/docs/intro)

Project Link:

Official website entrance:https://coredao.org/

Blockchain Explorer:https://scan.coredao.org/

Medium:https://medium.com/core_dao

X (Twitter):https://x.com/coredao_org

Telegram:https://t.me/CoreDAOTelegram

Github:https://docs.coredao.org/docs/intro

Trading entrance:https://www.gate.io/en/trade/CORE_USDT

CORE’s Vision for the Future

The Core network’s development path is centered on the long-term potential of Bitcoin. It aims to build a user-friendly, multi-chain interoperable ecosystem through structural upgrades and technical integration. Its design vision is to promote a diverse and interconnected blockchain system, particularly emphasizing the fusion of Bitcoin’s security with Core’s programmability to drive DeFi innovation and adoption.

Key modules currently under development in the roadmap include:

Local Fee Market: Introduces a more predictable local fee mechanism to optimize transaction cost structures and improve network efficiency.

Core Atomic Swap Mechanism: Utilizing HTLC and Core Atomic Swap technology to enable trustless, peer-to-peer cross-chain exchange between Core and other blockchain assets (especially Bitcoin), lowering the technical barriers and costs of cross-chain operations.

lstBTC Solution: This mechanism allows BTC assets to be staked as lstBTC, granting them liquidity and yield. Holders can participate in the Core ecosystem without losing asset ownership, enhancing BTC’s utility in DeFi.

Bitcoin-Based Secure Storage Mechanism: Offers Bitcoin-level security to other protocols, enabling synergistic benefits within the Core network.

$CORE Tokenomics

The total supply of $CORE tokens is 2.1 billion, designed with long-term incentives and sustainable ecosystem growth in mind. Its allocation covers multiple key areas, reflecting a highly balanced ecological philosophy.

1. Node mining (39.995%, about 8.399 billion coins)
   The largest proportion of tokens is allocated to node mining to reward network participants for maintaining on-chain consensus and security. This incentive will be released linearly over the years, with a cycle lasting about 81 years, demonstrating the project’s emphasis on long-term commitment and community participation stability.
2. User incentives (25.029%, about 5.256 billion coins)
   To attract decentralized user communities and enhance network inclusivity, the project reserves a large number of tokens for airdrops and user participation incentives, aiming to expand user base and increase community engagement.
3. Contributor incentives (15%, about 315 million coins)
   This section is specifically for rewarding historical contributors and incentivizing future developers to ensure the sustainable construction and iterative development of the Core network.
4. Reserve funds (10%, approximately 2.1 billion coins)
   To maintain strategic reserves, this portion of the tokens will gradually be capitalized into foundation resources to avoid concentrated token releases impacting market liquidity.
5. Treasury funds (9.5%, approximately 199.5 million coins)
   Aiming to drive ecosystem expansion and provide ample growth capital for DAOs to address emergencies and fund long-term projects.
6. Relay rewards (0.476%, about 10 million coins)
   Although small in proportion, this part specifically incentivizes network relay nodes, playing a crucial role in maintaining on-chain data transmission and security, and can also receive related rewards and transaction fee sharing.

$CORE Token Allocation (Image Source:https://docs.coredao.org/docs/Learn/economics/core-token）

$CORE Market Performance

Over the past week, $CORE has shown a significant price rebound trend. As of April 18th, the latest token price of Core Coin is $0.5768, with a weekly increase of 6.30%. From a technical perspective, $CORE touched a local low point (around $0.49) around April 16th and quickly rebounded, rising to near $0.63, an increase of nearly 30%, then oscillating and consolidating in the $0.57-$0.60 range.

It is worth noting that, despite the price rebound, the 24-hour trading volume has fallen sharply to $17.39M, a decrease of nearly 69% from the previous period. There is a certain risk of short-term exhaustion of momentum, and the subsequent market situation will mainly depend on the actual progress of the ecological landing and the resonance of the market sentiment related to Bitcoin.

In addition, from the market structure perspective, the current circulating market value of $CORE is $5.76 billion, with FDV (fully diluted valuation) of about $12.1 billion, accounting for close to 47.6% of the market value, indicating that a large proportion of tokens are still locked and may potentially exert supply pressure on future prices.

04/12 - 04/19 period $CORE trend (image source:https://coinmarketcap.com/currencies/core-dao/)

$CORE Price Forecast

Currently, the $CORE price has initially moved away from the bottom area and is generally in a descending wedge structure since January 2025, with the coin price running between the EMA 20-day (approximately $0.5117) and the EMA 100-day (approximately $0.6028), and short-term long-short game has entered a stalemate.

When zooming out to a near six-month timeframe, $CORE quickly retraced after a sharp rise at the beginning of the year, entering a sustained downtrend. During this period, it continuously broke through several key medium to long-term moving averages, with the technical structure gradually weakening and market sentiment becoming more conservative.

$CORE Half-year Price Review (Image Source:https://in.tradingview.com/symbols/COREDUSD/)

Currently, the coin price trend is more in line with the deflationary decline pattern: although $CORE has recently experienced a brief rebound in price, it may also be just a short-term rebound. In the coming weeks, the price is expected to trend downward again and oscillate around the $0.45 to $0.55 range. Judging from the trend line, the price of $CORE may continue to decline steadily after entering the second half of 2025, with the overall confidence interval shifting downward.

$CORE Price Prediction（https://cryptopriceperdiction-isshiliu.streamlit.app/）

Conclusion

With its unique technical design and Bitcoin-anchored characteristics, Core DAO has carved out a differentiated position in the highly competitive Layer1 landscape. However, as the ecosystem remains in its early stages, investors should pay attention to token unlock schedules, real-world application progress, and the continued iteration of core products when evaluating its potential. If Core can achieve breakthroughs in areas such as DeFi and cross-chain interoperability, it may capture a larger share of the next public chain wave. Investors could consider allocating a portion of assets to capitalize on this potential opportunity.