Sorry, we don’t have a description of the operating model behind this token at this time. We are working on it and will have a summary shortly.
A bull trend appears to be in motion, at least on a 20 and 50 day basis. Price is above its 20 day moving average. Binancecoin has a market capitalization of approximately 2.04 billion US dollars. That’s large relative to the Ethereum tokens SixJupiter tracks. In terms of volatility, it’s relatively more volatile than most tokens of a similar market capitalization, so make sure you are emotionally ready for that. 🙂
Binancecoin currently has approximately 308570 wallets, with the average weekly growth rate in number of wallets being 0.18% for each week over the past 4 weeks. As for transactions, the weekly growth rate there has been about 1.09%. Both its growth rate in wallets and in blockchain-recorded transactions are below average relative to other tokens of a similar market capitalization.
The current available supply for Binancecoin is 141.18 million, while the total supply is 189.18 million. This means 74.63% of Binancecoin’s total supply, as currently defined, has been made public. To help put that in perspective, about 0% of tokens in the SixJupiter Index with a similar market capitalization have a larger percentage of their total currency unavailable. Both Binancecoin’s available supply and total supply have increased over steadily over the past four weeks, but its available supply is growing much faster than its total supply — so the dilution risk has been declining.
Binancecoin has 131575 followers on Twitter. About 12.16% of its followers are verified, and about 0.5% are estimated to be investors. This token’s Twitter follower count is well above average, but the percent of its followers that are estimated to be investors and the percent that are verified are below what would be expected for tokens of a similar market capitalization. It may simply be that this token has so many follower that it is only inevitable that a high percentage of them would not be investors or verified. Nonetheless, such a follower count may suggest a token that is making headways in terms of getting adoption.
Where to Buy
Report generated by SixJupiter