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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