Is high volume good for cryptocurrency?
For traders, volume is a critical factor in determining the future profitability of cryptocurrencies. The more cryptocurrency transactions there are, the more liquid the crypto market becomes.
A cryptocurrency’s maximum supply refers to the total amount of coins or tokens that will ever be produced.This implies that once the maximum supply is achieved, no new coins will be mined, coined, or otherwise generated.
The maximum supply of a cryptocurrency refers to the maximum number of coins or tokens that will be ever created.
This means that once the maximum supply is reached, there won’t be any new coins mined, minted or produced in any other way.
High volume Low supply cryptocurrency
Bitcoin is a decentralized cryptocurrency originally described in 2008. It was launched, in January 2009 using the alias Satoshi Nakamoto.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary.
Bitcoin’s total supply is limited by its software and will never exceed 21,000,000 coins. New coins are created during the process known as “mining”.
Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. is the 1st and the most well-known cryptocurrency on the market.
It also benefits from the largest market cap and is among the most highly traded cryptocurrencies, assuring liquidity to investors.
on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency.
Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining.Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
Now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin has not been pre-mined, meaning that no coins have been mined and/or distributed between the founders before it became available to the public.
The current valuation of Bitcoin is constantly moving, all day every day. It is a truly global asset. From a start of under one cent per coin, BTC has risen in price by thousands of percent.
Where Can You Buy Bitcoin (BTC)?
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.
Cardano was founded back in 2017, and named after the 16th-century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th-century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer.
Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, which is less energy-intensive than the proof-of-work algorithm relied upon by Bitcoin.
How Many Cardano (ADA) Coins Are There in Circulation?
There is a maximum supply of 45 billion ADA — but at the time of writing, there was a circulating supply of about 31 billion.
Five rounds of public sales of Cardano tokens were held between September 2015 and January 2017. Cardano price during its pre-launch sale was $0.0024.
648 million ADA was given to the not-for-profit Cardano Foundation, which aims to promote the platform and increase levels of adoption.
Overall, about 16% of ADA’s total supply went to the project’s founders, with the remaining 84% being split among investors.
Where Can You Buy Cardano (ADA)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.
MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain.
How Many Polygon (MATIC) Tokens Are There in Circulation?
MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.
- Team tokens: 16 percent of the total supply.
- Advisors tokens: 4 percent of the total supply.
- Network Operations tokens: 12 percent of the total supply.
- Foundation tokens: 21.86 percent of the total supply.
- Ecosystem tokens: 23.33 percent of the total supply.
According to the release schedule, all the tokens will be released by December 2022.
Where Can You Buy Polygon (MATIC)?
MATIC is famous among online exchanges focusing on DeFi since it is one of the initiatives that contributed significantly to the growth of the Ethereum ecosystem.
The following are the major exchanges where you can buy, sell, and trade MATIC right now:
To begin, it’s critical to comprehend the distinctions between XRP, Ripple, and RippleNet. XRP is the currency that operates on RippleNet, a digital payment network built on top of the XRP Ledger distributed ledger database.
How Many XRP Are There in Circulation?
Circulating Supply is around 47.25B XRP. In the market and it is actually the 47% of the digital currency. It has a Max Supply of 100,000,000,000 XRP. Total Supply is 99,990,075,944.
Where Can You Buy XRP?
Crypto.com Coin [CRO]
CRO is the native cryptocurrency token of Crypto.com Chain a decentralized.It is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
How Many Crypto.com Coin [CRO] Coins Are There in Circulation?
CRO has a finite quantity of 30 billion coins (70 billion CRO were burnt in 2021), all of which were generated when the blockchain went live, making it a non-mineable cryptocurrency.
The total supply of CRO will be allocated for five different purposes:
- 30% — Secondary distribution and launch incentives – released in batches on a daily basis over five years from November 14, 2018;
- 20% — Capital reserve – frozen until Nov, 7, 2022;
- 20% — Network Long-Term Incentives – frozen until Nov. 7, 2022;
- 20% — Ecosystem grants – frozen until the launch of Crypto.com Chain Mainnet;
- 10% — Community development.
CRO is built on top of Ethereum’s (ETH) blockchain according to the ERC-20 compatibility standard, which means that its network is secured by the Ethash function.