Market Cap: $2.9868T 1.450%
Volume(24h): $75.3482B 28.370%
Fear & Greed Index:

53 - Neutral

  • Market Cap: $2.9868T 1.450%
  • Volume(24h): $75.3482B 28.370%
  • Fear & Greed Index:
  • Market Cap: $2.9868T 1.450%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is the issuance price and issuance volume of Orion Protocol (ORN) coins?

Orion Protocol (ORN) was initially issued in 2019 through a private sale at a price of $0.02 per coin, raising approximately $1.8 million and laying the foundation for the protocol's development.

Dec 01, 2024 at 11:50 am

Understanding Orion Protocol Coin (ORN): Issuance Price, Volume, and Key Metrics

Introduction

Orion Protocol, a pioneering decentralized liquidity aggregator, has gained significant traction in the blockchain ecosystem. Its native cryptocurrency, ORN, plays a crucial role in powering the protocol's operations. This article delves into the details of ORN's issuance price, issuance volume, and other relevant metrics to provide a comprehensive understanding of the coin's financial aspects.

Issuance Price of Orion Protocol (ORN)

  • ORN was initially issued in 2019 through a private sale with a price of $0.02 per coin.
  • The private sale raised approximately $1.8 million, laying the foundation for the protocol's development.

Issuance Volume of Orion Protocol (ORN)

  • ORN has a total發行量 of 100,000,000 coins.
  • Out of the total supply, 75% (75,000,000 coins) were issued during the private sale and token sale.
  • The remaining 25% (25,000,000 coins) are allocated to the Orion Foundation for ecosystem development, marketing, and ongoing operations.

Other Key Metrics

  • Market Cap: As of September 2023, ORN's market capitalization stands at approximately $60 million, reflecting the collective value of all outstanding ORN coins.
  • Trading Volume: ORN has a daily trading volume of around $5 million, indicating active liquidity in the market.
  • Listing on Exchanges: ORN is listed on several major cryptocurrency exchanges, including Binance, Huobi, and OKX, ensuring accessibility to a broad user base.

Implications of Issuance Price and Volume

  • The low issuance price of $0.02 per coin during the private sale allowed early investors to acquire a significant stake in the project at a relatively low cost.
  • The limited issuance volume ensures that ORN remains a relatively scarce asset, potentially contributing to its value appreciation over time.
  • The distribution of tokens between the private sale, token sale, and Orion Foundation aligns with the protocol's dual priorities of raising funds for development while retaining a portion for long-term support and growth.

Conclusion

The issuance price and volume of Orion Protocol (ORN) coins are fundamental aspects that shape the coin's financial dynamics. The initial private sale price of $0.02 provided early investors with favorable entry points, while the limited issuance volume reinforces ORN's potential for value growth. The metrics presented in this article provide a comprehensive understanding of ORN's financial characteristics, empowering investors and stakeholders to make informed decisions in the ever-evolving blockchain landscape.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to operate LINK cross-chain transfer? Tutorial on multi-network deposit and withdrawal

How to operate LINK cross-chain transfer? Tutorial on multi-network deposit and withdrawal

Apr 28,2025 at 06:49pm

Introduction to LINK Cross-Chain TransferLINK, also known as Chainlink, is a decentralized oracle network that aims to connect smart contracts with real-world data. As the use of LINK expands across multiple blockchains, the need for efficient cross-chain transfers becomes increasingly important. This tutorial will guide you through the process of perfo...

What are the recommended ADA exchanges? How to choose a safe and reliable platform?

What are the recommended ADA exchanges? How to choose a safe and reliable platform?

Apr 28,2025 at 06:14pm

What are the recommended ADA exchanges? How to choose a safe and reliable platform? When it comes to trading Cardano (ADA), selecting the right exchange is crucial for ensuring a safe and efficient trading experience. This article will explore some of the recommended ADA exchanges and provide a detailed guide on how to choose a safe and reliable platfor...

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies?

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies?

Apr 28,2025 at 06:36pm

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies? Transferring XRP across borders can be highly cost-effective due to its design and the infrastructure supporting it. XRP, the native cryptocurrency of the Ripple network, was specifically created to facilitate fast and low-cost international mone...

What is the safest XRP wallet? What are the key points to pay attention to when transferring money?

What is the safest XRP wallet? What are the key points to pay attention to when transferring money?

Apr 28,2025 at 06:01pm

In the world of cryptocurrencies, securing your assets is paramount, and XRP is no exception. Choosing the safest XRP wallet is a crucial decision that can significantly impact the security of your investments. This article will delve into the various options available for XRP wallets, their features, and the key points to consider when transferring mon...

What to do if the XRP purchase price is stuck? What are the practical methods of unwinding strategies?

What to do if the XRP purchase price is stuck? What are the practical methods of unwinding strategies?

Apr 28,2025 at 04:07pm

If you find yourself in a situation where your XRP purchase price is stuck, it can be a frustrating experience. However, there are several practical methods and unwinding strategies that you can employ to navigate this challenge effectively. This article will guide you through the steps to address a stuck XRP purchase price and provide detailed unwindin...

What is the ETH mining fee? How to adjust it to be the most cost-effective?

What is the ETH mining fee? How to adjust it to be the most cost-effective?

Apr 28,2025 at 11:56am

The ETH mining fee, also known as the gas fee, is a critical component of the Ethereum network's transaction processing system. This fee is paid by users to miners for including their transactions in the blockchain. Understanding and adjusting this fee can significantly impact the cost-effectiveness of your Ethereum transactions. What is the ETH Mining ...

How to operate LINK cross-chain transfer? Tutorial on multi-network deposit and withdrawal

How to operate LINK cross-chain transfer? Tutorial on multi-network deposit and withdrawal

Apr 28,2025 at 06:49pm

Introduction to LINK Cross-Chain TransferLINK, also known as Chainlink, is a decentralized oracle network that aims to connect smart contracts with real-world data. As the use of LINK expands across multiple blockchains, the need for efficient cross-chain transfers becomes increasingly important. This tutorial will guide you through the process of perfo...

What are the recommended ADA exchanges? How to choose a safe and reliable platform?

What are the recommended ADA exchanges? How to choose a safe and reliable platform?

Apr 28,2025 at 06:14pm

What are the recommended ADA exchanges? How to choose a safe and reliable platform? When it comes to trading Cardano (ADA), selecting the right exchange is crucial for ensuring a safe and efficient trading experience. This article will explore some of the recommended ADA exchanges and provide a detailed guide on how to choose a safe and reliable platfor...

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies?

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies?

Apr 28,2025 at 06:36pm

Is it cost-effective to transfer XRP across borders? What are the advantages compared with other currencies? Transferring XRP across borders can be highly cost-effective due to its design and the infrastructure supporting it. XRP, the native cryptocurrency of the Ripple network, was specifically created to facilitate fast and low-cost international mone...

What is the safest XRP wallet? What are the key points to pay attention to when transferring money?

What is the safest XRP wallet? What are the key points to pay attention to when transferring money?

Apr 28,2025 at 06:01pm

In the world of cryptocurrencies, securing your assets is paramount, and XRP is no exception. Choosing the safest XRP wallet is a crucial decision that can significantly impact the security of your investments. This article will delve into the various options available for XRP wallets, their features, and the key points to consider when transferring mon...

What to do if the XRP purchase price is stuck? What are the practical methods of unwinding strategies?

What to do if the XRP purchase price is stuck? What are the practical methods of unwinding strategies?

Apr 28,2025 at 04:07pm

If you find yourself in a situation where your XRP purchase price is stuck, it can be a frustrating experience. However, there are several practical methods and unwinding strategies that you can employ to navigate this challenge effectively. This article will guide you through the steps to address a stuck XRP purchase price and provide detailed unwindin...

What is the ETH mining fee? How to adjust it to be the most cost-effective?

What is the ETH mining fee? How to adjust it to be the most cost-effective?

Apr 28,2025 at 11:56am

The ETH mining fee, also known as the gas fee, is a critical component of the Ethereum network's transaction processing system. This fee is paid by users to miners for including their transactions in the blockchain. Understanding and adjusting this fee can significantly impact the cost-effectiveness of your Ethereum transactions. What is the ETH Mining ...

See all articles

User not found or password invalid

Your input is correct