Alkimi (ADS) total coin circulation and introduction to online exchanges

ADS is traded on reputable exchanges like Binance and Huobi Global, and its circulating supply of 79,986,451 tokens directly influences its market valuation.

Dec 25, 2024 at 07:37 am

Key Points:

• Alkimi's (ADS) Tokenomics: Token Distribution and Supply
• Top Crypto Exchanges for Trading ADS
• Understanding CoinMarketCap and CoinGecko Rankings
• Determining ADS's Circulating Supply
• Importance of Circulating Supply in Crypto Valuation

Alkimi's (ADS) Tokenomics: Token Distribution and Supply

Alkimi (ADS) is an Ethereum-based token that powers the Alkimi Exchange, a decentralized platform for trading cryptocurrencies. The ADS token has a maximum supply of 100,000,000 tokens, of which approximately 80% was sold during the initial coin offering (ICO) in 2018. The remaining 20% is reserved for team allocation, advisors, and future development.

Top Crypto Exchanges for Trading ADS

ADS is currently traded on several reputable cryptocurrency exchanges, including:

• Binance: The world's leading cryptocurrency exchange by trading volume.
• Huobi Global: A popular exchange known for its diverse range of crypto assets.
• OKEx: A top-rated exchange with a strong focus on derivatives trading.
• Gate.io: A user-friendly exchange with low trading fees and a wide selection of altcoins.
• Bittrex: A secure and reliable exchange known for its high quality of service.

Understanding CoinMarketCap and CoinGecko Rankings

CoinMarketCap and CoinGecko are two of the most widely used websites for tracking cryptocurrency market data. Both platforms rank cryptocurrencies based on market capitalization, which is calculated by multiplying the current price of a token by its total circulating supply.

Determining ADS's Circulating Supply

To determine ADS's circulating supply, we need to exclude any tokens that are locked or held in reserve. According to Alkimi's website, there are currently 79,986,451 ADS tokens in circulation, which represents approximately 80% of the total supply.

Importance of Circulating Supply in Crypto Valuation

Circulating supply is an important metric for valuing cryptocurrencies because it represents the actual number of tokens that are available for trading. A lower circulating supply can lead to higher demand and potentially higher prices, while a higher circulating supply can suppress price appreciation.

FAQs

• What is the difference between CoinMarketCap and CoinGecko rankings?

  CoinMarketCap and CoinGecko are similar in terms of ranking cryptocurrencies based on market capitalization, but they differ in some aspects such as currency conversion methods and data sources.

• How does circulating supply impact the price of ADS?

  A lower circulating supply can increase demand for ADS, leading to potentially higher prices. Conversely, a higher circulating supply can suppress price appreciation.

• Where can I find up-to-date information on ADS's circulating supply?

  Alkimi's official website and reputable cryptocurrency exchanges provide accurate information on the circulating supply of ADS.