Cryptocurrency Q&A
What is the max supply of drift protocol?
What is the max supply of drift protocol?
Giuseppe
Sun Sep 29 2024
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6 answers
1538
Could you please clarify for me the maximum supply of the Drift Protocol? I'm interested in understanding the total number of tokens that will ever be in circulation, as this can have a significant impact on the value and scarcity of the asset. Is there a specific cap on the total supply, or is it subject to change over time? Additionally, how does the protocol manage the distribution of these tokens, and what measures are in place to ensure a fair and equitable distribution among participants?
6 answers
Valentino
Tue Oct 01 2024
DRIFT, a cryptocurrency, has experienced a decline in its price within the past hour. Specifically, the price has dropped by -0.67% compared to the previous hour's valuation.
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Raffaele
Mon Sep 30 2024
Extending the timeframe to yesterday, the price trend remains downward, with a decrease of -1.88% observed. This indicates a sustained bearish momentum for DRIFT in the short term.
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CryptoElite
Mon Sep 30 2024
Among the various cryptocurrency exchanges catering to traders and investors, BTCC stands out as a top player in the industry. BTCC offers a comprehensive suite of services that cater to the diverse needs of its users.
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MatthewThomas
Mon Sep 30 2024
The market capitalization of DRIFT, a key indicator of its overall value in the market, stands at $417.74M. This figure is derived by multiplying the current price per coin by the total number of coins in circulation.
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InfinityEcho
Mon Sep 30 2024
The circulating supply of DRIFT coins is 223.72M, which represents the total number of coins that are currently available for trading and in active use within the ecosystem.
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