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Understand the issuance price and total issuance of BEBE coins in one article
Launched in 2022, BEBE coin (BEBE) on the Binance Smart Chain network has an issuance price of $0.00001 and a capped total issuance of 1,000,000,000,000,000 BEBE.
Oct 14, 2024 at 02:23 pm
Understanding the Issuance Price and Total Issuance of BEBE Coins
BEBE coin (BEBE) is a cryptocurrency that utilizes the Binance Smart Chain (BSC) network. It was launched in 2022 with a specific issuance price and total issuance.
1. Issuance Price:
The BEBE coin was initially issued at a price of $0.00001 per BEBE. This price was determined based on various factors, including market demand, supply and demand dynamics, and the overall value proposition of the coin.
2. Total Issuance:
The total issuance of BEBE coins is capped at 1,000,000,000,000,000 BEBE. This means that only a finite number of BEBE coins will ever be in circulation, which aims to contribute to the coin's scarcity and potential value appreciation.
Breakdown of Total Issuance:
- Initial Issuance: A significant portion of the total issuance was made available during the initial launch of the coin.
- Public Sales: Additional BEBE coins were sold to the public through various channels, such as cryptocurrency exchanges and initial coin offerings (ICOs).
- Team and Ecosystem Fund: A reserved portion of the total issuance is allocated for the BEBE team, advisors, and future ecosystem development.
Effects of Issuance Price and Total Issuance:
- Initial Value: The issuance price plays a role in determining the initial value of the BEBE coin in the market.
- Scarcity: A limited total issuance can contribute to the scarcity of the BEBE coin, potentially impacting its price over time.
- Market Volatility: Changes in supply and demand can affect the price of BEBE coins, which may lead to market volatility.
- Long-Term Liquidity: The total issuance provides an indication of the potential long-term liquidity of BEBE coins in the market.
Overall, understanding the issuance price and total issuance of BEBE coins provides insights into the initial valuation, scarcity, and supply dynamics that influence the coin's market behavior.
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