Cryptocurrencies

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What is the circulation amount of Ancient8 (A8) coins?

The maximum supply of A8 coins is set at 100 billion, with a total supply of 68 billion and a circulating supply of 34 billion.

Dec 21, 2024 at 09:56 am

Key Points:

The maximum supply of A8 coins is 100 billion.
The total supply of A8 coins is 68 billion.
The circulating supply of A8 coins is 34 billion.

Ancient8 (A8) Coin Circulation Amount

Ancient8 (A8) is a prominent cryptocurrency project that has garnered significant attention within the crypto sphere. Several factors contribute to its popularity, including its focus on gaming, entertainment, and social engagement. One crucial aspect of any cryptocurrency is its tokenomics, which involves the issuance and distribution of coins. This article delves into the intricacies of A8 coin distribution, shedding light on the maximum supply, total supply, and circulating supply.

1. Maximum Supply

Every cryptocurrency has a maximum supply, which represents the total number of coins that can ever exist. For A8 coins, the maximum supply is capped at 100 billion. This predefined limit plays a vital role in controlling inflation and ensuring the coin's long-term value.

2. Total Supply

The total supply of a cryptocurrency refers to the total number of coins currently in existence. In the case of A8, the total supply stands at 68 billion coins. It's important to differentiate between maximum supply and total supply. The maximum supply defines the upper bound for coin issuance, while the total supply represents the number of coins that have been issued up to a point in time.

3. Circulating Supply

Circulating supply is a dynamic figure that represents the number of coins currently in the hands of the general public. It excludes coins held by the development team, company reserves, or those locked in smart contracts. The circulating supply of A8 coins currently sits at 34 billion.

FAQs

Q: How do these supply measures impact the value of A8 coins?
A: The maximum supply limits inflation and helps maintain the coin's value over time. The total supply represents the current level of A8 distribution, while the circulating supply reflects the liquidity and trading activity of the coin.

Q: What proportion of the total supply is in circulation?
A: Approximately 50% of the total A8 supply is currently in circulation.

Q: How does the distribution of A8 coins affect its market capitalization?
A: Market capitalization is calculated by multiplying the price of a coin by its circulating supply. Therefore, changes in circulating supply directly impact market capitalization.

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