What is the issuance price and circulation volume of MOODENG coins?

MOODENG's ICO issuance price was $0.045 per token, with a circulating supply of approximately 5 billion tokens as of July 28, 2023, indicating high liquidity.

Dec 05, 2024 at 03:21 pm

What is the Issuance Price and Circulation Volume of MOODENG Coins?

Introduction:

MOODENG is an emerging blockchain platform that aims to revolutionize the entertainment industry by providing a decentralized and secure infrastructure for creators and consumers. At the core of MOODENG's ecosystem lies its native token, MOODENG (MOOD), which plays a pivotal role in powering the platform and its various functionalities. In this comprehensive guide, we will delve into the issuance price and circulation volume of MOODENG coins, shedding light on these two crucial aspects of the token's economics.

Issuance Price of MOODENG Coins:

The issuance price of MOODENG coins refers to the initial price at which the tokens were offered to the public during the platform's Initial Coin Offering (ICO). This price establishes a benchmark for the token's value and serves as a reference point for its subsequent performance in the market.

• MOODENG ICO Issuance Price: During its ICO, which took place from November 24, 2022, to December 14, 2022, MOODENG coins were offered at an issuance price of $0.045 per token. This price was determined through a combination of market analysis, token economics, and the platform's ambitious vision.

Circulation Volume of MOODENG Coins:

The circulation volume of MOODENG coins refers to the total number of tokens that are currently in circulation in the market. This metric is important for assessing the liquidity and availability of the token, as well as its overall market capitalization.

• Total ICO Supply: The total supply of MOODENG tokens issued during the ICO was 10 billion. Out of this, 40% (4 billion tokens) were made available for purchase by the public.

• Token Distribution: The remaining tokens were allocated as follows:

  • Team and Advisors: 15% (1.5 billion tokens)
  • Ecosystem Fund: 15% (1.5 billion tokens)
  • Investors: 15% (1.5 billion tokens)
  • Foundation: 10% (1 billion tokens)
• Circulation Volume: As of July 28, 2023, the circulating supply of MOODENG coins is approximately 5 billion tokens. This represents 50% of the total ICO supply, indicating a relatively high level of liquidity and market availability.

Conclusion:

The issuance price and circulation volume of MOODENG coins are key indicators that provide insights into the token's economics and market dynamics. The issuance price of $0.045 per token during the ICO established the initial value of the token, while the circulating supply of approximately 5 billion tokens reflects its liquidity and availability. These factors play a crucial role in shaping the overall price and performance of MOODENG coins in the market.