What is the issuance price and circulation volume of Kujira (KUJI) coins?

Kujira's issuance price of $0.10 was set during its ICO in November 2021, with 50% of the 1 billion KUJI tokens allocated to the community.

Dec 24, 2024 at 11:02 pm

Key Points of Issuance Price and Circulation Volume of Kujira (KUJI) Coins:

• Issuance Price:

  • The issuance price of Kujira (KUJI) coin is $0.10.
  • This price was determined during the initial coin offering (ICO) held in November 2021.

• Initial Distribution:

  • A total of 1 billion KUJI tokens were created during the ICO.
  • Of these, 50% were allocated for distribution to community members, 20% to the team, 20% to investors, and 10% for marketing and development.

• Circulating Supply:

  • As of August 2023, the circulating supply of KUJI is approximately 650 million coins.
  • This represents around 65% of the total supply.

• Market Capitalization:

  • The market capitalization of Kujira is currently around $65 million.
  • This makes it one of the smaller cryptocurrencies in terms of market cap.

• Trading Volume:

  • The daily trading volume of KUJI is typically around $1-2 million.
  • This volume has been relatively stable in recent months.

Issuance Price:

The issuance price of a cryptocurrency is the price at which it is first sold to the public. In the case of Kujira, the issuance price was $0.10. This price was determined during the ICO held in November 2021.

ICOs are a common way for cryptocurrency projects to raise funds. During an ICO, investors can purchase tokens in the new project in exchange for cryptocurrency or fiat currency. The funds raised from the ICO are then used to develop the project and bring it to market.

Circulation Volume:

The circulation volume of a cryptocurrency is the total number of coins that are currently in circulation. This includes coins that are held by investors, traders, and exchanges. The circulating volume does not include coins that have been lost or burned.

The circulation volume of KUJI is around 650 million coins. This represents around 65% of the total supply.

Market Capitalization:

The market capitalization of a cryptocurrency is the total value of all the coins in circulation. It is calculated by multiplying the current price of the coin by the number of coins in circulation.

The market capitalization of Kujira is around $65 million. This makes it one of the smaller cryptocurrencies in terms of market cap.

Trading Volume:

The trading volume of a cryptocurrency is the total value of all the transactions that occur in a given period of time. It is typically measured in dollars or other fiat currency.

The daily trading volume of KUJI is typically around $1-2 million. This volume has been relatively stable in recent months.

FAQs:

Q: What is the use of Kujira (KUJI) coin?

A: KUJI is the native token used Kuだら, a decentralized application development platform built on the Cosmos blockchain. KUJI is used to pay for transaction fees, staking, governance, and other activities within the Kujira ecosystem.

Q: How can I buy KUJI coin?

A: Kuhira is listed on several cryptocurrency exchanges, including Binance, KuCoin, and Gate.io. You can buy KUJI using cryptocurrency or fiat currency.

Q: Is KUJI a good investment?

A: Whether or not KUJI is a good investment depends on your individual investment goals and risk tolerance. KUJI is a small-cap cryptocurrency with a relatively low trading volume. This means that it is more volatile than larger, more established cryptocurrencies. However, KUJI also has the potential for significant growth if the decentralized application development platform becomes widely adopted.