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What is the issuance and circulation of EOS coins?

Lisa Kudrow
Lisa KudrowOriginal
2024-09-27 17:50:31642browse

The total circulation of EOS is 1 billion, of which 964 million have been circulated in the market. EOS is issued via a one-time ICO with no mining or staking rewards, so there is no inflation rate in the traditional sense. The EOS Ecosystem Foundation can issue a certain number of new EOS-funded projects, resulting in a slight increase in circulation.

What is the issuance and circulation of EOS coins?

EOS currency issuance and circulation

Issuance:

EOS The maximum circulation is 1 billion. These 1 billion EOS were issued by the Block.one team during the ICO.

Circulation:

According to data from CoinMarketCap, as of February 24, 2023, the circulation of EOS is approximately 964 million. This shows that the vast majority of EOS coins are already in circulation.

Issuance model:

EOS is not generated through mining, but is issued through a one-time ICO. These 1 billion EOS are distributed according to the following rules:

  • 70% sold to investors
  • 10% held by the EOS Ecosystem Foundation
  • 10% by The Block.one team holds
  • 10% reserved for future demand

Inflation rate:

EOS does not have inflation in the traditional sense rate because it has no mining or staking reward mechanism. However, the EOS Ecosystem Foundation can issue a certain amount of new EOS to fund projects and development. This issuance will result in a slight increase in circulation.

EOS latest price and market dynamics

As of now, the price of EOS is $0.5299, with a 24-hour trading volume of $87.93 million. EOS price has edged up 0.003% over the past 24 hours.

Price Movement Factors

Recent changes in EOS price may be affected by several factors, including:

  • Overall cryptocurrency market sentiment
  • Project Development in the EOS Ecosystem
  • Growing Investor Interest in Crypto-Assets

Outlook for Future Price Trends

The future price trend of EOS is uncertain and affected by various factors. However, if overall cryptocurrency market sentiment remains positive and the EOS ecosystem continues to grow, the price of EOS may continue to rise.

Investor recommendations

Before investing in EOS, investors should carefully consider the following recommendations:

  • Research the cryptocurrency market and EOS ecosystem System
  • Understand the risks of crypto assets
  • Invest within your capabilities

Short-term trend prediction

In the short term , EOS prices are likely to remain volatile. If market sentiment remains positive, EOS price may continue to rise steadily. However, if market sentiment turns negative, prices could fall.

Indicators

  • Price: $0.5299
  • 24-hour trading volume: $87.93 million
  • Price increase (24 hour): 0.003%
  • Circulation volume: 1.517 billion EOS
  • Maximum supply: 2.1 billion EOS
  • Circulation market value: 803.9 million US dollars

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