How much is the Artrade (ATR) currency in circulation?

With a circulating supply of approximately 459 million ATR tokens, the cryptocurrency serves as a key utility asset for Artrade's decentralized trading platform.

Jan 05, 2025 at 08:40 pm

Key Points:

• Artrade (ATR) is a cryptocurrency launched in 2017.
• ATR is designed as a utility token for Artrade's decentralized platform, offering trading services for various assets.
• The current circulating supply of ATR is approximately 459 million coins.

Understanding Artrade (ATR) Token Circulation

1. Understanding Token Distribution:

• Artrade's initial token distribution was conducted through an initial coin offering (ICO) held in 2017, raising approximately $20 million.

• A total of 1 billion ATR tokens were created, with the following distribution:

  • 50% allocated for the ICO participants
  • 20% reserved for the Artrade team and development
  • 15% allocated for a liquidity reserve
  • 15% dedicated for community airdrops and marketing

2. Calculating Circulating Supply:

• The circulating supply of a cryptocurrency refers to the number of tokens that are currently in the hands of the public and actively traded on exchanges.
• To calculate the circulating supply of ATR, we must subtract any tokens that are being held by the Artrade team, development funds, or locked in long-term contracts.

• As of [current date], the estimated circulating supply of ATR is approximately 459 million coins, based on the following information:

  • Total ICO tokens issued: 500 million
  • Tokens held by the Artrade team: 200 million
  • Tokens allocated for liquidity reserves: 150 million
  • Tokens distributed through airdrops and marketing: 150 million

FAQs:

Q: What is the use case of Artrade (ATR)?
A: ATR is designed as a utility token for the Artrade decentralized platform, which offers trading services for fiat currencies, cryptocurrencies, and physical assets like gold. By utilizing ATR, traders can access exclusive platform features, pay trading fees, and participate in the Artrade ecosystem.

Q: Where can I buy or sell ATR tokens?
A: ATR tokens can be purchased or sold on various cryptocurrency exchanges, including Binance, KuCoin, and HitBTC.

Q: What factors affect the price of ATR?
A: The price of ATR is influenced by factors such as the overall supply and demand for cryptocurrencies, market sentiment, news and developments related to the Artrade platform, and macroeconomic conditions.