Market Capitalization of Azuki Ecosystem Token ANIME Exceeds $350 Million One Day After Launch
Animecoin (ANIME), the new token supporting the Azuki NFT project ecosystem, has a market capitalization of more than $350 million just one day after launch, Gold Finance reports. ANIME launched on January 23rd with a total supply of 10 billion tokens. According to the project's Token Economics page, 37.5% of the tokens will be distributed to the Azuki community, while another 13% will be managed by ANIME holders for “community cultivation” through a future DAO. According to CoinMarketCap, ANIME is currently trading at $0.063, with a fully diluted value (FDV) of around $630 million and around 5.53 billion tokens in circulation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI shifts from “reason for rate cuts” to “argument for rate hikes”: Cook says only a small portion of the 2 trillion dollars capital expenditure is spent, and electricity and water prices have increased by about 5%.
Federal Reserve Governor Cook pointed out that the substantial capital expenditures for AI will continue to intensify price pressures, while the wealth effect in the stock market driven by AI is also stimulating consumption. She believes that the productivity gains from AI will bring about a moderate easing of inflation in the coming years, but this alone will not be enough to offset the mounting inflationary pressures expected later this year.
Casa Minerals closes C$1.5 million flow-through private placement tranche
BUZZ - Navitas shares surge as it secures US Army-backed semiconductor project
Crypto prices
More
