The circulating supply of ECROX coin refers to the total number of ECROX tokens that are currently available in the market. Ecrox Chain, with its vision of becoming the gold standard for blockchain technology, boasts a comprehensive ecosystem. From its decentralized exchange, Ecrox Swap, to the immersive Ecrox Metaverse, it offers a compelling suite of features. But for those interested in the ECROX coin, a crucial aspect to understand is its circulating supply. This blog dives deep into the concept of Circulating Supply of Ecrox Coin, exploring its significance and how it impacts the coin’s value.
Understanding Circulating Supply
In the realm of cryptocurrencies, circulating supply refers to the number of coins that are readily available for trading in the market. It’s distinct from the total supply, which encompasses all ECROX coins ever created, including those reserved for various purposes.
Ecrox Coin Circulating Supply Breakdown
According to information available on, Ecrox Chain has a total supply of 10 billion ECROX coins. However, not all of these coins are actively circulating in the market. Here’s a breakdown of the token distribution:
- Public Allocation: 60% (6 billion ECROX) – This is the largest chunk, representing coins available for purchase by the public through exchanges or initial coin offerings (ICOs).
- Ecosystem & Liquidity Reserve: 10% (1 billion ECROX) – These coins are earmarked for supporting the Ecrox ecosystem’s growth and maintaining liquidity on exchanges.
- Blockchain Staking Validators: 5% (500 million ECROX) – These coins are allocated to validators who contribute to the security and operation of the Ecrox Chain through staking.
- Marketing & Legal: 5% (500 million ECROX) – This allocation fuels marketing initiatives and covers legal expenses.
- Core Team & Advisors: 20% (2 billion ECROX) – A portion is reserved for the core team and advisors who contribute to Ecrox Chain’s development and success.
Why Circulating Supply Matters
Circulating supply plays a significant role in determining the price of a cryptocurrency. Generally, a lower circulating supply relative to the total supply can contribute to a higher price per coin, due to factors like scarcity and demand. Conversely, a larger circulating supply can lead to a lower price per coin.
However, it’s important to remember that circulating supply is just one factor influencing price. Market sentiment, adoption rate, and the overall utility of the coin within the Ecrox ecosystem also play a significant role. Circulating Supply of Ecrox Coin refers to the total number of ECROX tokens that are currently available in the market.
Ecrox Coin Future Supply
While the total supply of Ecrox Coin is fixed at 10 billion, it’s worth noting that the circulating supply can fluctuate. Locked tokens from the Ecosystem & Liquidity Reserve or Core Team & Advisors allocations might be gradually released into the market over time, impacting the circulating supply.
Conclusion
Understanding Ecrox Coin’s circulating supply is a crucial step for anyone considering investing in the cryptocurrency. By keeping an eye on circulating supply alongside other factors like market trends and project development, you can make more informed investment decisions.
FAQ on Circulating Supply of Ecrox Coin
Q: Where can I find the latest information on Ecrox Coin’s circulating supply?
A: You can find information on circulating supply on various cryptocurrency tracking websites and potentially on the official Ecrox Chain website.
Q: Will the circulating supply of Ecrox Coin ever reach 10 billion?
A: It’s unlikely that the entire 10 billion ECROX coins will ever be in circulation. Tokens allocated for specific purposes like staking or ecosystem development might remain locked for extended periods.
Q: How can I stay updated on changes to Ecrox Coin’s circulating supply?
A: Following official announcements from the Ecrox Chain team and keeping an eye on cryptocurrency news sources can help you stay informed about any changes.
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