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The current circulation volume of icp coins

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Release: 2024-05-09 17:17:19
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As of February 21, 2023, the circulating supply of ICP coins is 1,293,551,374 ICP. Circulation refers to the number of unlocked or pledged tokens on the market, which affects the liquidity, supply, price and stability of the token.

The current circulation volume of icp coins

The current circulation volume of ICP coins

As of February 21, 2023, the circulation volume of ICP coins is1,293,551,374 ICP.

Definition of circulation volume

Circulation volume refers to the number of tokens circulating in the market, excluding locked or pledged tokens. Circulation determines the liquidity and supply of tokens.

ICP coin circulation data source

ICP coin circulation data can be obtained from the following sources:

  • Official ICP block Browser: https://icpscan.io/
  • CoinMarketCap: https://coinmarketcap.com/currencies/internet-computer/
  • CoinGecko: https://www.coingecko.com /en/coins/internet-computer

The impact of circulation

The circulation has the following impact on the price and liquidity of ICP coins:

  • Supply: Increased circulation means increased supply, which can put downward pressure on prices.
  • Liquidity: Lower circulation leads to lower liquidity and it may be more difficult to trade or cash out.
  • Stability: Higher circulation can enhance the price stability of ICP coins, as it requires greater trading volume to generate significant price fluctuations.

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