Cryptocurrencies

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Pepe Unchained(PEPU)coin circulating supply

As of April 2023, the circulating supply of PEPU stands at approximately 62.9 billion coins, representing a portion of the total supply of 100 billion.

Dec 15, 2024 at 03:10 am

Pepe Unchained (PEPU) Coin Circulating Supply

Introduction

Pepe Unchained (PEPU) is a decentralized cryptocurrency that has gained significant popularity within the blockchain community. Its circulating supply is a crucial factor in understanding the coin's availability and distribution.

Circulating Supply of PEPU

As of April 2023, the circulating supply of PEPU stands at approximately 62.9 billion coins. This represents a portion of the total supply of 100 billion PEPU coins.

Factors Affecting Circulating Supply

Issuance: New PEPU coins are minted and added to the circulating supply through mining.
Burning: PEPU coins can be burned and removed from the circulating supply, reducing its total availability.
Transactions: PEPU coins are transferred between wallets, affecting the distribution of the circulating supply.
Exchange Listings: When PEPU is listed on cryptocurrency exchanges, it becomes more accessible to investors and traders, potentially increasing the circulating supply.
Staking: Staking PEPU coins allows holders to earn rewards and contributes to the security of the network, potentially influencing the circulating supply.

Implications of Circulating Supply

Coin Availability: The circulating supply determines the number of PEPU coins available for purchase and use.
Coin Value: The circulating supply can impact the coin's value, as a lower circulating supply may lead to increased demand and price appreciation.
Market Capitalization: The circulating supply is a factor in calculating the market capitalization of PEPU, which represents the total value of all coins in circulation.
Volatility: A lower circulating supply can make PEPU more volatile, as price movements can be more pronounced.
Distribution: The circulating supply provides insight into the distribution of PEPU among holders, indicating the level of decentralization.

Other Considerations

Total Supply: The total supply limit of 100 billion PEPU ensures that the circulating supply will never exceed the predefined number.
Inflation Rate: Since new PEPU coins are continuously mined, the inflation rate should be considered in evaluating the circulating supply.
Tokenomics: The PEPU tokenomics model plays a role in managing the circulating supply, including mechanisms for issuance, burning, and distribution.

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