Cryptocurrency Q&A
What is the inflation rate of API3?
What is the inflation rate of API3?
TeaCeremony
Thu Aug 01 2024
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5 answers
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I'm curious to know, what exactly is the current inflation rate of API3? I understand that it's an important metric to consider when evaluating the stability and potential value appreciation of a cryptocurrency. Could you provide me with a clear and concise explanation of how the inflation rate of API3 is calculated and what its current value is? Additionally, how does this inflation rate compare to other cryptocurrencies in the market?
5 answers
Carlo
Sat Aug 03 2024
The API3 Token has a current circulating supply of 86.42 million tokens, representing a significant portion of its maximum supply of 114.86 million. This statistic provides insight into the token's availability and potential for growth.
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JejuSunshineSoulMate
Sat Aug 03 2024
The yearly supply inflation rate for the API3 Token stands at 0.77%, indicating a controlled and sustainable increase in the token's supply. In the past year, 657,641 new API3 tokens were created, showcasing a moderate pace of expansion.
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KatanaGlory
Sat Aug 03 2024
Market capitalization is a crucial metric for evaluating the performance and popularity of a cryptocurrency. The API3 Token currently holds the 78th position in the Ethereum (ERC20) Tokens sector, reflecting its solid market standing amidst fierce competition.
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Lorenzo
Sat Aug 03 2024
BTCC, a prominent cryptocurrency exchange headquartered in the United Kingdom, offers a diverse range of services tailored to meet the needs of crypto enthusiasts. Its robust platform supports various trading options, including spot and futures trading, catering to traders of all experience levels.
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KatanaSwordsmanship
Fri Aug 02 2024
In addition to its trading services, BTCC provides a secure wallet solution for storing digital assets. This feature ensures that users can safely manage their cryptocurrencies and access them anytime, anywhere. The wallet's robust security measures protect users' funds from unauthorized access and theft.
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