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What is the issuance price and issuance volume of ONE coin?
ONE coin's initial issuance price was $0.008 during its ICO in July 2017, with a total of 1 billion coins issued.
Nov 21, 2024 at 11:00 am
ONE Coin: Issuance Price, Volume, and Market History
Issuance Details
- Issuance Price: ONE coin was issued at a price of $0.008 per coin during its initial coin offering (ICO) in July 2017.
Issuance and Supply
- Issuance Volume: A total of 1 billion ONE coins were issued during the ICO.
Token Distribution: The ICO tokens were distributed as follows:
- 40% to the public
- 30% to the Harmona team
- 20% to early investors
- 10% to advisors
Market History and Performance
The ONE coin has experienced significant price volatility since its launch.
- 2017-2018: The coin initially saw a surge in value, reaching a peak price of $0.36 in January 2018. However, it subsequently experienced a sharp decline, falling below $0.01 in December 2018.
- 2019-2020: The price of ONE coin remained relatively stable during this period, hovering between $0.01 and $0.02.
- 2021: ONE coin experienced a significant rally in 2021, driven by the broader market uptrend in cryptocurrencies. The coin reached a new all-time high of $0.29 in November 2021.
- 2022: The price of ONE coin has since declined from its November 2021 high, reflecting the broader market downturn in cryptocurrencies.
ONE Coin's Market Cap
The market cap of ONE coin is calculated by multiplying the current price of ONE coin by the total number of ONE coins in circulation. As of July 2023, the market cap of ONE coin was approximately $800 million, making it one of the top 100 cryptocurrencies by market cap.
ONE Coin's Trading Volume
The trading volume of ONE coin indicates the amount of ONE coins being traded on exchanges. The trading volume of ONE coin has varied significantly over time, reflecting the overall market conditions and investor interest in the coin.
ONE Coin's Partnerships and Developments
The Harmona team has established partnerships with a number of companies and organizations, including:
- Polygon: A leading blockchain platform for building and scaling decentralized applications (dApps).
- Chainlink: A decentralized oracle network that provides secure and reliable data to smart contracts.
- Ankr: A distributed cloud computing platform for blockchain applications.
These partnerships are aimed at enhancing the functionality and reach of the ONE blockchain platform.
In addition to these partnerships, the Harmona team has been actively developing the ONE platform, including:
- ONE X: A scalable Layer 2 solution designed to increase the transaction speed and throughput of the ONE blockchain.
- Emerald Plus: A new consensus mechanism that improves the security and efficiency of the ONE blockchain.
These developments are expected to further improve the value proposition of ONE coin and attract more developers and users to the ONE platform.
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