Floki’s Market Cap and Total Supply Revealed
Floki Inu has a market cap of $1.6 billion and 9.6 trillion FLOKI in circulation. You might wonder what makes it special. The cryptocurrency market cap shows a token’s value and market share. Knowing about market cap and total supply is key in the crypto world.
Key Takeaways
- The current market cap of FLOKI is $1.6 billion.
- The circulating supply of FLOKI is 9.6 trillion.
- Floki Inu has entered the top 100 cryptocurrencies.
- The Floki ecosystem boasts a community of over 495,000+ members.
- Understanding the cryptocurrency market cap and token total supply is essential for investors.
- Floki Inu’s market cap and total supply play a significant role in determining its value and scarcity.
- The token’s total supply is 10 trillion, with a maximum supply of 20 trillion.
What is Floki Inu and Its Purpose?
Floki Inu is a dog-themed cryptocurrency. It’s popular in the floki crypto market. It has special features and community projects.
By July 2024, its market cap is $1.5 billion. It has 10 trillion tokens. It wants to be different from other meme coins.
It offers an NFT gaming metaverse, a marketplace, and an education platform. These are its utilities.
The floki coin supply is key. Almost half of FLOKI tokens are gone. This made the token’s price go up by over 250,000%.
Over 230,000 people hold the token. They help make new uses for it. The DeFi, GameFi, and NFT industries are big supporters.
The Genesis of Floki Inu
Floki Inu started in 2021. It was after Elon Musk’s tweet about his dog. Now, it’s a big ecosystem with many products.
One of these is Valhalla, a game launched in 2022. It’s part of the NFT metaverse.
Community-Driven Initiatives
The community works hard on new uses. They focus on the token’s price and market trends. They have over 230,000 holders.
These people help the token grow. It has a total supply of 10 trillion tokens. Its market cap is $1.5 billion.
Understanding Market Cap
In the world of cryptocurrency, you’ll hear about market cap a lot. It shows how much a cryptocurrency is worth and its share of the market. For Floki Inu, it’s found by multiplying the number of tokens by its current price. This tells us the total value, showing its liquidity, how much it moves, and its worth.
When looking at a cryptocurrency, its market cap is key. It tells us about the token’s total amount and how it affects the market. For example, Floki Inu has 9.69T FLOKI tokens. Knowing this helps us make smart choices and keep up with market trends.
How Market Cap is Calculated
Calculating market cap is simple. It’s the number of tokens times the current price. Let’s say Floki Inu has 9.56T tokens and costs $0.000169 each. Then, its market cap would be about $1.61B.
Importance of Market Cap in Cryptocurrencies
Market cap is very important in cryptocurrencies. It shows how easy it is to buy and sell, how much it moves, and its value. Knowing this helps us decide if a cryptocurrency is good to invest in. It keeps us informed in the changing world of cryptocurrencies.
Floki Inu’s Current Market Cap
Exploring cryptocurrency means knowing Floki Inu’s market cap. It’s at $1.61B, making it a big name in crypto. The floki market cap shows the project’s value and how popular it is. To understand better, Floki Inu has 9.69T FLOKI total supply, with 9.56T FLOKI in circulation.
Looking at crypto trends, the market cap is key. The 24-hour trading volume is $247.97M, showing lots of interest. The price has dropped by -51% from its all-time high, showing crypto’s ups and downs.
Some important stats for Floki Inu’s market performance are:
- Market dominance: 0.05%
- Volume/Market Cap Ratio: 0.1538
- Supply inflation rate: 0.50%
By looking at these points and keeping up with crypto trends, you can make smart investment choices. The floki market cap and total supply are key to seeing if the project will grow and be adopted more.
Total Supply Explained
Knowing the total supply of a cryptocurrency is key for investors. The total supply is the highest number of tokens that can exist. For Floki Inu, this number is 10 trillion, with 9.6 trillion FLOKI in circulation. This shows that most of the tokens are already out there.
It’s important to know the difference between circulating and total supply. Circulating supply is the tokens in the market now. Total supply includes all tokens, even if they’re not out yet. This difference matters a lot for how valuable a token is.
Here are some important things to remember about Floki Inu’s total supply:
- The token total supply is 10 trillion.
- The circulating supply floki is 9.6 trillion.
- The difference between circulating supply and total supply affects the token’s scarcity and value.
Understanding Floki Inu’s total and circulating supply helps investors make better choices. It’s all about knowing how many tokens are out there and how many can be made.
Floki Inu’s Total Supply Figures
Thinking about investing in Floki Inu? It’s key to know the total supply of FLOKI. It’s 9.6T now, with a max of 20T. This info is vital for your floki coin supply analysis.
The current total supply is big in the crypto world. It shows there’s room for growth and more.
When looking at floki prices, remember the market trends. They suggest FLOKI demand might go up. The Floki Inu ecosystem is growing, and more people are using it. This could make prices rise.
To invest wisely, keep up with floki market trends. Adjust your plans as needed.
Here are some key points to consider when evaluating Floki Inu’s total supply:
- Current total supply: 9.6T
- Maximum supply: 20T
- Circulating supply: 9.56 trillion FLOKI (48% of total supply)
By looking at these points and staying current with floki trends, you can better predict prices. This helps you adjust your investment strategy for the best returns.
The Impact of Market Cap and Supply on Investors
When you think about investing in cryptocurrencies like Floki Inu, it’s important to know about market cap and supply. These factors show a coin’s value and how big it is in the market. Investors look at these to decide if a coin is good to buy.
FLOKI’s supply, like how many coins are out there, changes its price and how interested people are. If more coins come out, it might make the price go down. But if fewer coins are made, it could make the price go up. It’s key to manage how many coins are out there to keep the value high.
How Market Cap Affects Investment Decisions
Floki’s market trends and price analysis help us understand its market cap. The market cap is very important for investors. It shows how valuable a coin is. By looking at FLOKI’s market cap and supply, investors can see the risks and chances of making money.
Supply Dynamics and Price Volatility
Knowing how FLOKI’s supply works is key to doing well in the crypto market. The number of coins out there affects how much the price can change. Investors need to keep an eye on FLOKI’s supply and market cap to make smart choices and find good chances in the market.
