-
Bitcoin $96,200.0227
-1.92% - Ethereum
$2,628.7948
-2.67% - Tether USDt
$1.0001
-0.02% - XRP
$2.4173
-2.81% - Solana
$197.1344
-2.82% - BNB
$647.1295
0.99% - USDC
$1.0001
0.00% - Dogecoin
$0.2556
-3.51% - Cardano
$0.7888
-1.31% - TRON
$0.2427
-2.07% - Chainlink
$18.6047
-4.24% - Avalanche
$25.2107
-4.69% - Sui
$3.2950
-6.70% - Stellar
$0.3187
-4.14% - Shiba Inu
$0.0...01595
-1.29% - Toncoin
$3.7282
-3.03% - UNUS SED LEO
$9.8091
0.18% - Litecoin
$117.3520
-8.37% - Hedera
$0.2250
-6.58% - Hyperliquid
$23.6978
-3.89% - Polkadot
$4.9427
-2.38% - Bitget Token
$6.1152
-4.84% - Bitcoin Cash
$332.5658
-1.87% - Ethena USDe
$0.9995
-0.12% - MANTRA
$5.9078
-1.35% - Uniswap
$9.4473
-4.96% - Dai
$0.9995
-0.07% - Ondo
$1.3499
-2.73% - Monero
$221.8916
-2.06% - Pepe
$0.0...09618
-6.57%
How much is the circulation of PUFFER coins?
The circulating supply of PUFFER coins is approximately 100 million, reflecting 50% of the total supply, influencing liquidity, price, and distribution.
Dec 07, 2024 at 07:03 am
How much is the circulation of PUFFER coins?
Circulating Supply of PUFFER Coins
Currently, there are approximately 100 million PUFFER coins in circulation, representing around 50% of the total supply. The remaining 50% is held as a reserve by the PUFFER Foundation for future development and distribution.
Factors Affecting Circulating Supply
The circulating supply of PUFFER coins can be influenced by several factors, including:
- Token Burning: The PUFFER Foundation periodically conducts token burns to reduce the total supply, increasing the scarcity and potential value of the remaining coins.
- New Token Issuance: The Foundation can issue new PUFFER coins for specific purposes, such as funding development projects or rewarding community contributions.
- Market Demand: High demand for PUFFER coins can lead to increased circulation as holders sell their coins to meet the demand, while low demand can result in decreased circulation as holders hold onto their coins.
- Lost and Inaccessible Coins: Over time, some PUFFER coins may be lost due to hardware failures, forgotten keys, or other unforeseen circumstances, reducing the circulating supply.
Importance of Circulating Supply
The circulating supply of a cryptocurrency is important because it:
- Indicates the liquidity of the coin: A higher circulating supply generally means greater liquidity, as there are more coins available to trade.
- Affects the price of the coin: The circulating supply, along with other factors like demand, can influence the market price of the coin.
- Provides an indication of coin distribution: The circulating supply can give insight into the distribution of the coin among different holders, such as retail investors, large institutions, and the development team.
Future Circulation Plans
The PUFFER Foundation has plans to increase the circulating supply of PUFFER coins gradually over time through strategic partnerships, community incentives, and token burns. This controlled release aims to balance the need for liquidity with maintaining the scarcity and value of the coin.
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.
- XRP and Solana Pursue ETFs, Agent A.I. Blends AI with Meme Coin Culture
- 2025-02-12 18:31:11
- XRP Price Prediction: What Lies Ahead After Recent Market Fluctuations?
- 2025-02-12 18:31:11
- Unichain Redefines Industry Standards as the First Live Layer 2 Rollup Optimized for Crypto Traders and Digital Asset Creators
- 2025-02-12 18:31:11
- Tether (USDT) Adopts New USDT0 Standard, Arbitrum Will Migrate Its USDT Supply
- 2025-02-12 18:31:11
- Lightchain AI, Stellar, and Theta Network: Standout Altcoins Generating Buzz with Unique Approaches and Promising Growth Trajectories
- 2025-02-12 18:31:11
- FXGuys: The Ultimate Trading Platform for All Levels of Traders
- 2025-02-12 18:31:11
Related knowledge
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
When was Litecoin issued?
Feb 04,2025 at 02:36am
When was Litecoin Issued?Key Points:Litecoin's inception and developmentLitecoin's launch date and market dynamicsLitecoin's technical specifications and key featuresLitecoin's Inception and DevelopmentLitecoin, conceived by former Google engineer Charlie Lee, emerged as a fork of Bitcoin in October 2011. Inspired by Bitcoin's revolutionary blockchain t...
Which is better, Litecoin or Tron?
Feb 04,2025 at 10:30pm
Key Points:Similarities between Litecoin and Tron: Decentralized, open-source blockchain platformsDifferences between Litecoin and Tron: Use cases, consensus mechanisms, transaction speedsFactors to consider when choosing between Litecoin and Tron: Investment goals, risk tolerance, specific use casesPotential benefits and drawbacks of Litecoin and Tron:...
How to buy and trade Litecoin?
Feb 04,2025 at 12:24pm
Key Points:Understand the Basics of LitecoinSelect a Suitable Cryptocurrency ExchangeCreate an Account on the ExchangeFund Your AccountPlace a Buy Order for LitecoinSecurely Store Your LitecoinUnderstand Litecoin TradingHow to Buy Litecoin?1. Understand the Basics of LitecoinLitecoin (LTC) is a decentralized digital currency similar to Bitcoin.Created i...
Which has better potential, Litecoin or Ethereum?
Feb 04,2025 at 05:30pm
Key Points:Litecoin and Ethereum are two of the most popular cryptocurrencies in the world.Both coins have their own unique advantages and disadvantages.Litecoin is a faster and cheaper transaction coin than Ethereum.Ethereum is a more versatile platform than Litecoin, and it can be used to create decentralized applications (dApps).Litecoin has a long h...
What country is the founder of Litecoin from?
Feb 04,2025 at 05:55am
Key Points:Litecoin's Founder and the Relationship with Charles LeeLitecoin's Technical Features and Similarities to BitcoinLitecoin's Role in the Cryptocurrency Ecosystem and Its PopularityComparative Analysis of Litecoin with Major CryptocurrenciesLitecoin's Community Involvement and PartnershipsArticle Content:Litecoin's Founder and the Relationship ...
Which is better, Litecoin or Ripple?
Feb 04,2025 at 08:00pm
Key Points:Litecoin: a decentralized, peer-to-peer cryptocurrency based on the Proof-of-Work consensus mechanismRipple: a centralized, enterprise blockchain solution designed for fast and low-cost paymentsDirect comparison of Litecoin vs. Ripple in terms of technology, market capitalization, use cases, and transaction feesPotential benefits and drawback...
See all articles
