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Understand the issuance price and total issuance of ADA coins in one article
During its ICO in October 2017, ADA coins were initially sold for $0.0025 USD, and the total issuance limit is set at 45 billion coins.
Oct 03, 2024 at 02:47 am
Understanding the Issuance Price and Total Issuance of ADA Coins
1. Issuance Price
- ADA coins were issued through an Initial Coin Offering (ICO) in October 2017.
- The ICO price of ADA was $0.0025 USD per coin.
2. Total Issuance
- The total issuance of ADA coins is limited to 45 billion coins.
- As of August 18, 2023, 33,673,798,247 ADA coins have been issued, representing approximately 75% of the total supply.
Explanation:
- The issuance price of a cryptocurrency represents the price at which the coin was initially sold to investors during its ICO.
- The total issuance refers to the maximum number of coins that can be created for a specific cryptocurrency.
- In the case of ADA, the total issuance is fixed at 45 billion coins, which means that there will never be more than this number of ADA coins in circulation.
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