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Top Low Circulating Supply Cryptocurrencies : In Depth Info
Chiliz (CHZ)
The premier digital money for sports and entertainment, Chiliz is produced by the FinTech company of the same name, based in Malta. It runs Socios, a blockchain-based sports entertainment platform that lets fans take part in running their preferred sports brands. Socios.com’s numerous fan tokens are an illustration of that. Fan tokens provide a means for sports associations and clubs to interact with their supporters and open up new revenue streams. For example, surveys and polls allow supporters to weigh in on club-related choices, like what message the captain ought to have on his armband. The company wants to close the distinction between being a fan who participates and one who does not.
- Chiliz’s current market cap is USD 1,015,705,245. At $0.112493.
- CHZ has seen $60.37 million worth of trading volume in a day.
- With 8,888,289,967 CHZ coins in circulation and a maximum supply of 8,888,888,888 CHZ coins.
- The coin is down -1.23% over the past 24 hours.
Pikamoon (PIKA)
Pikamoon is a new altcoin that has a lot of room to grow in the upcoming years. As more people become interested in Pikamoon’s AAA gaming experience, PIKA demand is expected to rise in step with the game’s player base. As users enter the Pikaverse, they will be presented with a wide range of P2E gaming scenarios. PIKA can be viewed as an investment vehicle for making even more of itself, since Pikamoon upgrades are expected to result in more in-game P2E victories. Furthermore, as the game becomes more and more popular, Pikamoon NFTs should appreciate in value.
Pikamoon is anticipated to be the next biggest meme coin of the meme world. As Dogecoin created a huge buzz and become the best memecoin, DOGE is likely to do the same. The coin is currently listed on popular exchanges like Bitget and MEXC. The coin is at $0.001813 with a market cap of $14.62M. As per the latest stats, its volume is around $335,744.16. Pikamoon has released 50B PIKA, out of which 7.5B PIKA are already in circulation.
Sandbox (SAND)
The Sandbox, a blockchain-based virtual environment that Pixowl launched in 2011, lets users develop, construct, purchase, and trade digital assets in the form of games. The Sandbox establishes a decentralized gaming community by merging the capabilities of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAO).
The primary goal of the Sandbox platform, as stated in the official whitepaper, is to successfully integrate blockchain technology into mainstream video games. The platform’s main goal is to enable a creative “play-to-earn” paradigm that lets users enjoy games and create content at the same time.
- In the past 24 hours, the Sandbox has decreased by 0.28%.
- With a real market capitalization of USD 999,748,017.
- There are 2,257,731,926 SAND coins in circulation, with a maximum. 2.26 billion coins are in circulation for SAND, with a maximum supply of 3 billion coins.
Akash Network
Supercloud Akash Network is redefining cloud computing, upending traditional cloud services, and bringing about a revolution in cloud resource access. Akash Network has created an open-source, decentralized cloud computing marketplace that offers previously unheard-of levels of speed, efficiency, and cost by utilizing the potential of blockchain technology. This breakthrough has the potential to completely change how consumers view and use cloud services. Using the Cosmos software development kit (SDK), Akash was developed and put into use on the Cosmos blockchain. Through its own marketplace, users can purchase and sell computer resources on this open network. It links cloud computing resources with server owners that require processing power to host applications.
- The price of AKT is $3.908888, and the market capitalization of Akash Network is $997.
- The 24-hour volume of Akash Network is $14 million.
- While AKT 388.54 million is the maximum supply, the circulating supply is 235.1 million AKT.
DYDX
Using CometBFT for consensus, the dYdX Chain is a proof-of-stake blockchain network constructed with the Cosmos SDK. As per the dYdX community through dYdX governance, the DYDX token is the L1 protocol token for the dYdX Chain. To take part in protecting and managing the dYdX Chain network, DYDX token holders can run a validator with their tokens or contribute their tokens to a validator.
- The coin is trading at $2.08 and the volume to marketcap ratio is 0.98%.
- DYDX is currently circulating at 311,078,313.00, giving
- The coin has a market cap of $656,092,110.36. $504,663.42 is the 24-hour trading volume for dYdX.
Kucoin Token (KCS)
Kucoin was introduced as a profit-sharing token in 2017 so that traders may benefit from the exchange. The majority of Ethereum wallets supported it when it was released as an ERC-20 token that operated on the Ethereum network. 200 million KCS were issued in all, and until 100 million KCS are left, there will be a buyback and burn. KCS will be the native asset of KuCoin’s decentralized financial services and the community’s governance token in the future, when the KuCoin decentralized trading solution launches.
- With a current market capitalization of USD 960.56 million, the live price of KuCoin Token is $ 9.991992.
- The KuCoin Token has decreased by 0.35% during the past day, with 96.13 M in circulation.
- KuCoin Token (KCS) has a circulating supply of 95,820,962 KCS, and total sypply of 143,320,962 KCS.
Arweave
Tezos is an open-source asset and application platform that operates as a high-performing blockchain, emphasizing decentralization, on-chain governance, and code security. The next stage of the Tezos evolution, called Tezos 2.0, intends to enhance composability, scalability (via layer 2s), and support for popular programming languages (such as Python, Typescript, Javascript, and many more). The Tezos protocol, which was initially designed with formal verification in mind, helps developers to prevent problems while creating smart contracts, which makes it especially useful for applications that demand a high level of security and certainty. The Tezos Mainnet was first conceived in 2014 and went live in 2018, with a track record of continuous operation and a solid reputation for community support and technical brilliance.
- With a current market valuation of USD 1.01 billion, Tezos is trading at a live price of $1.027236.
- The amount traded in a day is $27.62 million. The price of XTZ to USD is updated instantly.
- Tezos has increased by +0.86% over the past day, with a 979.37 M supply in circulation.
eCash
The rebranded form of Bitcoin Cash ABC (BCHA), which was created by splitting Bitcoin (BTC) and Bitcoin Cash (BCH), is called eCash (XEC). “Cryptocurrency meant to be used as electronic cash,” is how it describes itself. eCash’s primary goal is to be a payment method for goods and services. Since its July 1, 2021, rebranding, the currency has made an effort to set itself apart from its predecessor. The cumbersome decimal places of Bitcoin Cash ABC are replaced with the base units of eCash, known as “bits.” Using eCash, you would transfer 10 bits rather than 0.00001000 BTC. “Avalanche,” a proof-of-stake (PoS) consensus layer integrated into ECash, should not be confused with the blockchain’s Avalanche (AVAX).
- With a market capitalization of USD 953.25 million, eCash is currently trading at $0.000048.
- eCash has dropped -6.27% over the past day, with 19,694.93B in circulation.
- It has a circulating supply of 19,692.44 billion XEC, while 21 billion XEC is the maximum supply.
Synthetix Network
A decentralized liquidity provisioning protocol is being developed by Synthetix, which any protocol can use for a variety of objectives. Many interesting protocols on both Optimism and Ethereum use it as a backend due to its high liquidity and cheap costs. Synthetix liquidity powers several user-facing protocols in the ecosystem, including 1inch & Curve (Atomic Swaps), Polynomial (Automated Options), Lyra (Options), and Kwenta (Spot and Futures). Ethereum mainnet and optimism are the foundations of Synthetix. ETH, LUSD, and SNX serve as collateral for the Synthetix Network, allowing for the issuing of synthetic assets (Synths).
- There was a 2.91% decrease in Synthetix’s value.
- Currently, it is holding a live market cap of USD 931,695,274.
- The maximum number of SNX coins in circulation is 327,769,196.
- Out of the 328.2 million tokens available for purchase, 327.8 million tokens are now in circulation.
Worldcoin
The goal of the Worldcoin project is to create the biggest financial and identification network in the world as a public utility, granting ownership to all. The core of the Worldcoin system is World ID, a global identity network that protects anonymity. With zero-knowledge proofs, World ID allows individuals to prove their humanity online (“Proof of Personhood”) while protecting their anonymity. WLD is an Ethereum ERC-20 coin. Users will be able to access their awards on the Optimism Mainnet. It is therefore expected that the Optimism network will host the majority of WLD transactions.
- Worldcoin (WLD) has a market capitalization of $985.29 million.
- The 24-hour volume of $222.41 million.
- It has 197.6 million WLD in circulation, and 10 billion WLD in total supply.
- WLD is currently trading at $4.60, a change of 6.36% over the last 24-hour.
What is Low Supply Cryptocurrency?
The age of cryptocurrencies is passing so quickly that scarce assets are becoming more and more popular since they have a limited supply and the chance of increasing their value.
The term short supply cryptocurrency implies that there will be a certain number of coins or tokens that will only be available in the future.
This limited availability might be the reason for the exclusiveness that can also enhance the demand for the cryptocurrency in the end. To the investors, they may think that it is as if they are owning a rare asset, which they expect to get the value to go up in the future, because of its scarcity in the market.
Nevertheless, the shortage is not the only thing that determines whether a cryptocurrency will be successful. On the other hand, the usefulness, acceptance, and, in general, demand for a certain vehicle are also big contributors to its success.
Hence, although the low supply is the reason behind the high price and the growth potential of a cryptocurrency, it is but one of the many factors that are used in the evaluation of its value and its growth potential.
How to Find Cryptos With Low Circulating Supply?
To locate cryptocurrencies that have a low circulating supply, you should begin by looking at web pages such as CoinMarketCap or CoinGecko. These websites list the range of cryptos and display the number of coins being traded. You can choose to see just those that have the lowest supply.
Besides, you can also read about the projects of these cryptocurrencies and what they are all about. Look for the whitepapers or just go to their official websites. They usually talk about the number of coins they want to make and which people they want to give them to. Moreover, stay on top of token metrics. This implies that they will get to know the number of coins they will make in the future and the number of coins that are available at the moment. Certain cryptocurrencies that have a low maximum supply or ones that won’t be created anymore can be appealing.
Moreover, do not neglect to talk with people in the online communities of cryptocurrency to know their thoughts and experiences. They could be the source of new coins with low supply as well as the advice or information about them. It is important to note, though, that while a limited supply can increase the perceived value of a coin, it is not the only factor that should be taken into consideration.
Is it safe to invest in low supply Cryptocurrencies?
The prospects of the low supply cryptocurrencies have both highs and lows. The negative point is that these coins might feel like possessions of a rare thing which can make them a desirable item to other investors.
If many people want them and there are hardly any of them to go around, their value would probably shoot up. It’s like having the limited edition of a favorite toy which later on turned into a collector’s item. Nonetheless, there are also risks. The fact that these coins are not as frequently found makes them less accessible and, consequently, they might be harder to buy or sell.
Furthermore, their prices may change at any moment, they can change from high to low like a roller coaster. Similarly, other things like the usefulness of the coin or what the creators are planning are also important. Hence, the prospect of a low supply of cryptocurrencies is thrilling, but one has to do his homework and only invest money that you can afford to lose.
