One article to understand the issuance price and total issuance of SWISE coins

SWISE Coin's issuance price of $1.2 and total issuance capped at 1 billion coins have played significant roles in the cryptocurrency's valuation and investment attractiveness.

Oct 04, 2024 at 11:42 pm

Understanding SWISE Coin's Issuance Price and Total Issuance

1. Issuance Price

The issuance price of a cryptocurrency refers to the price at which it was initially sold to investors during its initial coin offering (ICO). In the case of SWISE Coin, it was issued at a price of **$1.2** during its ICO. This means that early investors who purchased SWISE Coins during the ICO paid $1.2 for each coin.

2. Total Issuance

The total issuance of a cryptocurrency represents the maximum number of coins that will ever be created. For SWISE Coin, the total issuance is capped at 1 billion coins. This means that there will never be more than 1 billion SWISE Coins in circulation.

Significance of Issuance Price and Total Issuance

The issuance price and total issuance of a cryptocurrency are important factors to consider when evaluating its potential value and investment worthiness. Here's why:

• Issuance Price: The issuance price can provide an indication of the initial market value for a cryptocurrency. A higher issuance price may suggest that investors had strong demand for the coin during its ICO, while a lower price may indicate less interest.
• Total Issuance: The total issuance limits the supply of a cryptocurrency and plays a role in determining its scarcity. A smaller total issuance can make a cryptocurrency more valuable, as it creates a finite supply that can attract investors seeking scarcity.

Influence on SWISE Coin's Value

The issuance price and total issuance of SWISE Coin have had a significant impact on its value. The low issuance price of $1.2 made it attractive to early investors, and the limited total issuance of 1 billion coins creates a sense of scarcity. These factors have contributed to SWISE Coin's strong market performance since its ICO.