Market Cap: $3.2856T -0.800%
Volume(24h): $126.4944B -15.760%
Fear & Greed Index:

43 - Neutral

Select Language

Select Language

Select Currency

What is the circulation amount of Aurora (AURORA) coins?

As of July 2023, the circulation amount of AURORA (AURORA) coins is estimated to be around 1.1 billion, a figure that is subject to change over time based on various factors.

Dec 16, 2024 at 05:55 am

What is the Circulation Amount of Aurora (AURORA) Coins?

Understanding Coin Circulation

In the realm of cryptocurrencies, the circulation amount refers to the number of coins or tokens that are currently in public circulation. This is an important metric for investors and traders, as it provides insights into the supply and demand dynamics of a particular asset.

Aurora (AURORA) Overview

Aurora is a blockchain platform designed for scalability, efficiency, and interoperability. It utilizes the NEAR Protocol as its underlying network and employs sharding technology to process transactions in parallel, significantly reducing congestion and transaction fees. AURORA is the native cryptocurrency of the Aurora platform, serving as a medium of exchange for network fees and incentivization for validators.

Circulation Amount of AURORA Coins

As of July 2023, the circulation supply of AURORA coins is approximately 1.1 billion (1,100,000,000). This number is subject to change over time, as new coins may be minted or existing coins may be burned.

Determining Circulation Amount

The circulation amount of AURORA coins is determined by several factors:

  • Initial Coin Offering (ICO): During the ICO in 2021, a certain number of AURORA coins were released to the public.
  • Token Generation Event (TGE): After the ICO, the TGE unlocked additional AURORA coins for distribution to participants.
  • Block Rewards: Validators on the Aurora blockchain earn AURORA coins as rewards for maintaining the network.
  • Coin Burning: The Aurora team has implemented a coin burning mechanism to reduce the supply of AURORA coins over time.

Implications of Circulation Amount

The circulation amount of AURORA coins has several implications for the token's value and utility:

  • Token Dilution: If the circulation supply of AURORA coins increases significantly without a corresponding increase in demand, it can lead to token dilution, reducing the value of each individual coin.
  • Community Ownership: A large circulation amount typically indicates greater community ownership and decentralization of the network.
  • Token Price Fluctuations: The circulation supply, along with other factors, can influence the price fluctuations of AURORA coins in the cryptocurrency market.

Monitoring Circulation Amount

Investors and traders can monitor the circulation amount of AURORA coins through various means:

  • Official Website: The Aurora team regularly publishes updates on the circulation supply on their website.
  • Block Explorers: Blockchain explorers like Aurora Explorer and NEAR Protocol Explorer provide real-time data on the circulation supply.
  • Exchanges and Listing Services: Cryptocurrency exchanges and listing services often display the circulation supply of AURORA coins as part of their token information.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial

DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial

Jan 08,2025 at 11:18pm

Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...

Tectum (TET) Coin Purchase Tutorial Detailed

Tectum (TET) Coin Purchase Tutorial Detailed

Jan 09,2025 at 04:04am

Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...

What are the factors that are positive for GamerCoin (GHX)?

What are the factors that are positive for GamerCoin (GHX)?

Jan 07,2025 at 11:43pm

Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...

Introduction to several methods to obtain GamerCoin (GHX) coins

Introduction to several methods to obtain GamerCoin (GHX) coins

Jan 06,2025 at 09:52pm

Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...

What are the regulatory risks associated with GEODNET (GEOD) Coin?

What are the regulatory risks associated with GEODNET (GEOD) Coin?

Jan 08,2025 at 09:02am

Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...

What security measures are in place to protect Tectum (TET) coin holders?

What security measures are in place to protect Tectum (TET) coin holders?

Jan 08,2025 at 09:05am

Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...

DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial

DIMO (DIMO) Coin Exchange Purchase Detailed Operation Tutorial

Jan 08,2025 at 11:18pm

Key PointsUnderstand the basics of cryptocurrency exchangesCreate an account on a reputable cryptocurrency exchangeFund your account with fiat currency or cryptocurrencyFind the DIMO (DIMO) trading pair and place an orderManage your DIMO (DIMO) holdingsStep-by-Step Guide to Purchasing DIMO (DIMO) on a Coin Exchange1. Choose a Cryptocurrency ExchangeSele...

Tectum (TET) Coin Purchase Tutorial Detailed

Tectum (TET) Coin Purchase Tutorial Detailed

Jan 09,2025 at 04:04am

Tectum (TET) Coin Purchase Tutorial DetailedKey Points:Tectum (TET) is a cryptocurrency designed to provide a secure and private payment network.It combines blockchain technology with advanced cryptography to enhance user experience and address common cryptocurrency challenges.Interested individuals can purchase TET through various exchanges, including ...

What are the factors that are positive for GamerCoin (GHX)?

What are the factors that are positive for GamerCoin (GHX)?

Jan 07,2025 at 11:43pm

Key Points:Surging popularity in blockchain gaming: GamerCoin's focus on blockchain gaming has positioned it well to capitalize on the rapidly growing industry.Strong community support: The project boasts a loyal and passionate community that actively engages with its development and promotion.Partnerships with key players: Collaborations with industry ...

Introduction to several methods to obtain GamerCoin (GHX) coins

Introduction to several methods to obtain GamerCoin (GHX) coins

Jan 06,2025 at 09:52pm

Key Points:Understand the nature and application of GamerCoin (GHX)Explore various methods to obtain GHX coins: DEXs, staking, airdrops, faucets, and play-to-earn gamesGain insights into the advantages and drawbacks of each methodDevelop a comprehensive strategy to maximize GHX acquisitionExplore potential risks associated with obtaining GHX coinsMethod...

What are the regulatory risks associated with GEODNET (GEOD) Coin?

What are the regulatory risks associated with GEODNET (GEOD) Coin?

Jan 08,2025 at 09:02am

Key Points:GEODNET (GEOD) Coin is a decentralized, proof-of-stake blockchain project that incentivizes data sharing and data aggregation.The project aims to create a global network of shared data for the benefit of all participants.GEOD Coin is the native currency of the GEODNET platform, used for incentivizing data sharing and rewarding network partici...

What security measures are in place to protect Tectum (TET) coin holders?

What security measures are in place to protect Tectum (TET) coin holders?

Jan 08,2025 at 09:05am

Key Points:Multi-sig wallet protectionSmart contract security auditsKYC/AML complianceHardware wallet supportBug bounty programCommunity engagement and transparencyArticle Body:Multi-sig Wallet ProtectionTectum (TET) holders' funds are stored in a multi-signature wallet, which requires multiple authorized parties to approve transactions. This adds an ex...

See all articles

User not found or password invalid

Your input is correct