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Introduction to the total issuance of UMA coin and the online exchanges
UMA tokens have a capped issuance of 107,468,750, with 60% distributed to ICO participants and listings on major exchanges like Binance and Coinbase driving its trading volume.
Oct 15, 2024 at 12:23 am
Comprehensive Overview of UMA Coin Issuance and Exchange Listings
1. Total Issuance
The total issuance of UMA tokens is capped at 107,468,750 UMA.
2. Initial Coin Offering (ICO)
- Date: November 8-12, 2018
- Total funds raised: $20 million
- Token price: 1 UMA = $0.25
- Token distribution: 60% to ICO participants, 20% to the UMA Foundation, 10% to the team, and 10% for community and ecosystem growth.
3. Exchange Listings
UMA is currently listed on several major cryptocurrency exchanges, including:
- Binance
- Coinbase
- FTX
- Huobi Global
- Kraken
- Uniswap
- SushiSwap
4. Trading Volume
UMA has experienced significant trading volume on these exchanges. According to CoinMarketCap, UMA's average daily trading volume in the past 24 hours is around $100 million.
5. Price History
The price of UMA has fluctuated since its ICO. After reaching a peak of $23.01 in August 2021, the token has since declined in value. As of March 2023, UMA is trading at around $3.00.
6. Market Capitalization
UMA's market capitalization is currently around $300 million, making it one of the top 100 cryptocurrencies by market cap.
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