How does the market cap of dForce (DF) coin compare to other meme coins?

Despite ranking lower than popular meme coins with a market cap of $29 million, DForce (DF) features a limited supply, fast transactions, and low fees, offering potential value as a medium of exchange, store of value, and unit of account.

Jan 07, 2025 at 08:37 am

Key Points

• DForce (DF) coin has a market cap of $29 million, ranking 803rd among all cryptocurrencies.
• DF is a meme coin that launched on the Binance Smart Chain in August 2021.
• DF has a limited supply of 100 million tokens, with 50% burned at launch.
• DF is currently traded on PancakeSwap, BabySwap, and Hotbit.

Market Cap Comparison

The market cap of DF is significantly lower than other popular meme coins. The following table compares the market caps of DF and other meme coins:

Rank	Coin	Market Cap
1	Dogecoin (DOGE)	$11 billion
2	Shiba Inu (SHIB)	$9 billion
3	Dogelon Mars (ELON)	$1.5 billion
4	Floki Inu (FLOKI)	$450 million
5	Samoyedcoin (SAMO)	$350 million
6	Hoge Finance (HOGE)	$30 million
7	SafeMoon (SAFEMOON)	$27 million
8	DForce (DF)	$29 million

As you can see, DF has a lower market cap than all of the other meme coins on the list. This is likely due to a number of factors, including its low liquidity and its lack of major exchange listings.

DF Coin Use Cases

DF coin has a number of potential use cases, including:

• A medium of exchange: DF can be used to purchase goods and services from a growing number of merchants.
• A store of value: DF can be held as a long-term investment, as it has the potential to appreciate in value over time.
• A unit of account: DF can be used to track the price of goods and services.

DF Coin Features

DF coin has a number of features that make it unique, including:

• A limited supply: There is a limited supply of 100 million DF tokens, with 50% burned at launch. This makes DF a deflationary asset, meaning that the value of the remaining tokens should increase over time.
• A fast transaction speed: DF transactions are processed on the Binance Smart Chain, which is a fast and efficient blockchain.
• A low transaction fee: DF transactions have a low transaction fee, making it affordable to use the coin for everyday purchases.

DF Coin Risks

Like all cryptocurrencies, DF coin is subject to a number of risks, including:

• Price volatility: The price of DF can be volatile, meaning that it can fluctuate significantly in value over a short period of time.
• Liquidity risk: DF is a relatively low-liquidity coin, meaning that it can be difficult to buy or sell large amounts of the coin at a fair price.
• Regulatory risk: The cryptocurrency market is still largely unregulated, which means that there is a risk that DF could be subject to government regulation in the future.

FAQs

What is DForce (DF) coin?

DF coin is a meme coin that launched on the Binance Smart Chain in August 2021. It has a limited supply of 100 million tokens, with 50% burned at launch. DF coin can be used as a medium of exchange, a store of value, and a unit of account.

What are the use cases for DF coin?

DF coin can be used to purchase goods and services from a growing number of merchants. It can also be held as a long-term investment or used to track the price of goods and services.

What are the features of DF coin?

DF coin has a number of features that make it unique, including a limited supply, a fast transaction speed, and a low transaction fee.

What are the risks of investing in DF coin?

DF coin is subject to a number of risks, including price volatility, liquidity risk, and regulatory risk.