Cryptocurrency Q&A
How many ocean tokens are there?
How many ocean tokens are there?
Nicola
Thu Jun 13 2024
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6 answers
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Could you kindly enlighten me on the total number of ocean tokens that currently exist? I'm curious to understand the overall supply of this particular cryptocurrency and how it compares to other digital assets in the market. Is there a finite amount, or is it subject to inflationary pressures? Also, how does the supply of ocean tokens affect its price and liquidity? Your insights would be greatly appreciated.
6 answers
Lucia
Sat Jun 15 2024
Ocean Protocol, a leading blockchain-based data exchange platform, currently boasts a circulating supply of 533.80 million OCEAN tokens.
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SakuraFestival
Sat Jun 15 2024
This figure represents a significant portion of the maximum supply of 1.41 billion OCEAN tokens. The distribution of these tokens among users and investors serves as a crucial metric for gauging the platform's popularity and adoption.
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Nicola
Fri Jun 14 2024
Notably, the current yearly supply inflation rate stands at -12.93%. This negative inflation rate indicates that the supply of OCEAN tokens is actually decreasing, a trend that is typically viewed favorably in the crypto market.
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Sofia
Fri Jun 14 2024
Specifically, in the past year, the supply of OCEAN tokens decreased by 79.30 million. This decrease can be attributed to various factors, including the platform's token burning mechanisms, token buybacks, or the staking and locking of tokens for various purposes.
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HanjiArtistry
Fri Jun 14 2024
BTCC, a renowned UK-based cryptocurrency exchange, offers a comprehensive suite of services tailored to meet the needs of crypto enthusiasts and investors. Among its offerings are spot trading, futures trading, and wallet services.
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