What is the issuance price and issuance volume of Zeebu (ZBU) coins?

Zeebu (ZBU) coins, a decentralized privacy-focused cryptocurrency, initially had an issuance price of $0.0275 and a total issuance volume capped at 210 million coins.

Dec 11, 2024 at 02:38 am

What is the Issuance Price and Issuance Volume of Zeebu (ZBU) Coins?

Zeebu (ZBU) is a decentralized, privacy-focused cryptocurrency that operates on the Ethereum blockchain. It aims to provide users with a secure and anonymous way to transfer funds, making it a popular choice for those seeking to protect their financial transactions from surveillance and censorship.

Issuance Price

The issuance price of Zeebu (ZBU) coins was initially set at $0.0275 per coin during its initial coin offering (ICO) in 2017. The ICO raised a total of $2.4 million, with 90 million ZBU coins being sold to investors.

Issuance Volume

The total issuance volume of Zeebu (ZBU) coins is capped at 210 million coins. This means that no more than 210 million ZBU coins will ever be created, ensuring the scarcity of the cryptocurrency and its potential value appreciation over time.

Factors Affecting the Issuance Price and Issuance Volume

The issuance price and issuance volume of Zeebu (ZBU) coins are primarily determined by the following factors:

Supply and demand: The issuance volume is fixed at 210 million coins, but the issuance price fluctuates based on market supply and demand.
Network activity: Increased network activity, such as transactions and user adoption, can lead to an increase in demand for ZBU coins, driving the issuance price higher.
Security and privacy features: ZBU's focus on security and privacy appeals to users looking to protect their financial transactions from surveillance and censorship, which can also contribute to demand and price appreciation.
Market volatility: The cryptocurrency market is known for its volatility, and ZBU's issuance price can be impacted by broader market trends, including positive or negative sentiment towards cryptocurrencies in general.

Conclusion

Zeebu (ZBU) coins' issuance price of $0.0275 and issuance volume of 210 million coins were established during the ICO in 2017. These factors, along with market supply and demand, network activity, security and privacy features, and market volatility, play a crucial role in determining the ongoing price and value of ZBU coins.

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