Cryptocurrency Q&A
What is the supply of goldfinch protocol?
What is the supply of goldfinch protocol?
CryptoMystic
Sat Jul 20 2024
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7 answers
1448
As a financial and cryptocurrency professional, I'm curious to understand the supply dynamics of the Goldfinch Protocol. Could you elaborate on the total supply of the native token and how it is managed? Is there a fixed supply, or does it have a variable supply mechanism such as inflation or token burning? Furthermore, what are the incentives and disincentives designed into the supply mechanism to ensure a healthy and sustainable token economy? Additionally, how does the supply affect the value proposition and adoption of the Goldfinch Protocol?
7 answers
Giulia
Mon Jul 22 2024
This significant supply, combined with the current market price, gives Goldfinch a market capitalization of $184,473,056.
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BusanBeautyBloomingStarShine
Mon Jul 22 2024
This price is accompanied by a robust 24-hour trading volume of $4,253,779.71, indicating a high level of investor interest.
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GyeongjuGloryDaysFestivalJoy
Mon Jul 22 2024
In the past 24 hours, the GFI price has experienced a notable increase of 4.07%.
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Riccardo
Mon Jul 22 2024
However, over the past 7 days, the price has declined by -20.51%, highlighting the volatile nature of the cryptocurrency market.
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Carlo
Mon Jul 22 2024
The current market price of Goldfinch, denoted as GFI, stands at $2.42.
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