Author: CryptoBazi Analyst
Published On: 13/6/2024, 9:09:00 am
In the bustling realm of cryptocurrencies, deciphering the intricate metrics of a coin's market cap, volume, and supply is essential for investors seeking clarity and understanding. Today, we shine a light on IO.NET Token, unraveling its vital statistics to provide a comprehensive narrative for enthusiasts and investors alike.
At the heart of IO.NET Token's prominence lies its formidable market capitalization, which stands tall at $578,843,755, securing an impressive position at #119 among its cryptocurrency peers. This figure epitomizes the collective value of IO.NET Token in the market, calculated by multiplying its current price by the circulating supply.
Volume, the lifeblood of any thriving cryptocurrency, illuminates IO.NET Token's robust trading activity, boasting a staggering $1,862,063,221 in trading volume over the past 24 hours. This formidable figure catapults IO.NET Token to an enviable #8 position in terms of trading activity among all cryptocurrencies, underscoring its prominence and liquidity.
The volume-to-market-cap ratio, a pivotal metric in gauging liquidity and investor interest, paints a vivid picture of IO.NET Token's vibrancy. With an impressive volume-to-market-cap ratio of 315.31%, IO.NET Token exudes vitality and dynamism, indicative of fervent trading activity relative to its market value.
IO.NET Token's circulating supply, comprising 95,000,000 tokens, forms the backbone of its accessibility and liquidity within the cryptocurrency market. This substantial circulating supply ensures ample availability for traders and users alike, fostering a robust ecosystem around IO.NET Token.
Total supply encapsulates the maximum number of tokens that will ever be created for a cryptocurrency. IO.NET Token's total supply is fixed at 800,000,000 IO, providing clarity and transparency regarding its long-term inflationary dynamics and potential scarcity.
In essence, IO.NET Token emerges as a formidable contender in the cryptocurrency landscape, fortified by a commanding market cap, substantial trading volume, and a transparent token supply structure. As investors navigate the ever-evolving crypto market, a keen understanding of these fundamental metrics is indispensable for informed decision-making.
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