The Trump family-backed WLFI purchased nearly $8 million worth of tokens, aiming to mitigate the downtrend of the token by artificially reducing the outstanding supply.
Total Supply News
The total supply of a cryptocurrency refers to the number of tokens that exist, whether in circulation or locked. At a given time, these tokens are publicly tradable via exchanges, both centralized and decentralized.
A project might mint more cryptocurrency than it distributes at a given moment. For instance, in a particular cryptocurrency project, tokens set out for staking rewards will only technically exist on the blockchain, as they won’t reach anyone’s wallet until a specific condition has been met. Moreover, most cryptocurrencies have a burning mechanism to control inflation. Burned tokens aren’t considered when counting the total number of tokens. Burning refers to the process of sending tokens into an inactive crypto wallet designed to take the tokens out of circulation forever. People often confuse the total supply and maximum supply of coins. The total supply indicates all the tokens issued minus burned tokens. The max supply, on the other hand, refers to all tokens that will ever be created.
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About 60% of aPriori’s APR airdrop was claimed by a single entity across 14,000 interconnected wallets, according to Bubblemaps.
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With just under 2 million Bitcoin that will ever be mined from here on out, Bitcoin’s “real story” is about to unfold.
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A $1-million Bitcoin would upend global finance, reshaping wealth, inflation, energy markets and the very role of fiat currencies.
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Fidelity projects long-term holders and corporate treasuries could lock up over 6 million BTC by 2025, tightening supply and potentially boosting price dynamics.
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Polkadot said that under the old tokenomics model, the total supply of DOT could have swelled to more than 3.4 billion tokens by 2040.
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With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network.
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Ether lost due to bugs and user errors has surged 44% since March 2023, according to Conor Grogan, head of product at Coinbase.
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As Michael Saylor’s Strategy and other whales keep buying Bitcoin, the stage may be set for a historic supply shock.
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Crypto analytics firm Santiment found that Ether whales boosted their ETH holdings by 3.72% while retail investors have been banking profits.
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The Cronos blockchain’s governance structure came under fire after a decision to reverse a 70 billion CRO “permanent” token burn from 2021.
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Wintermute withdrew $40 million in SOL ahead of a $2-billion token unlock, raising concerns over selling pressure as market sentiment worsens.
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Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
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Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
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Curve Finance’s CRV token emissions reduced to 137 million annually, while Curve DAO’s earnings surpassed emissions for the first time.
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