Cryptocurrency Q&A
What is the total supply of ZK tokens?
What is the total supply of ZK tokens?
Lorenzo
Sat Aug 03 2024
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7 answers
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Could you please elaborate on the total supply of ZK tokens? I'm curious to know if there's a fixed or variable number of tokens in circulation, and if so, what measures have been taken to ensure their scarcity and value over time? Additionally, is there any information available on the distribution of these tokens among investors, developers, and the project's founders? Understanding the total supply and its distribution is crucial for assessing the potential growth and stability of the ZK token.
7 answers
Stefano
Sun Aug 04 2024
However, since then, the market capitalization has declined, likely due to various factors such as market volatility, investor sentiment, and regulatory developments. Despite this, the token remains a prominent player in the cryptocurrency space.
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LitecoinLodestar
Sun Aug 04 2024
The token boasts a formidable total supply of 21 billion units, with a fully diluted market valuation surpassing the $4.4 billion mark. However, despite this impressive figure, only a fraction of its total supply is currently in circulation.
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Margherita
Sun Aug 04 2024
In terms of its ecosystem, the token is supported by a robust network of exchanges, wallets, and other services that facilitate its trading and storage. These services play a crucial role in enabling users to access and interact with the token.
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CryptoLord
Sun Aug 04 2024
Currently, approximately 17.5% of the token's total supply is available on the market, resulting in a market capitalization of around $772 million. This figure highlights the scarcity of the token and its potential for future growth.
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BlockchainBaron
Sun Aug 04 2024
One notable exchange that supports the token is BTCC, a UK-based cryptocurrency exchange that offers a wide range of services including spot trading, futures trading, and wallet services. BTCC's integration of the token underscores its commitment to providing a diverse and comprehensive range of cryptocurrency products and services to its users.
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