Release: 2024/12/15 21:39 Reading: 248
Three Cryptocurrencies With Large Circulating Supplies That Continue to Influence the Crypto Market
By CNL Team - December 15, 2024 at 03:29 PM
Circulating supply plays a key role in determining the market dynamics of a digital asset. Coins with high circulating supplies often attract attention due to their widespread availability. Here are three notable cryptocurrencies with large circulating supplies that continue to influence the crypto market:
1. Milady Meme Coin (LADYS)
Milady Meme Coin (LADYS) is a meme coin that stands out with its deep ties to internet culture. It represents a unique combination of humor and digital finance. Built on a community-driven approach, LADYS fosters strong engagement through active social media participation.
LADYS has a circulating supply of 734.4 trillion. It promotes transaction transparency and security, merging advanced blockchain technology with lighthearted, internet-inspired concepts.
2. Shiba Inu (SHIB)
Shiba Inu (SHIB) is a decentralized digital asset controlled by its community. Introduced in 2020, Shiba Inu has grown into a recognized project. Beyond its meme coin identity, $SHIB supports real-world payments and decentralized trading through its ShibaSwap platform.
SHIB has a circulating supply of 589.3 trillion. Built on the ETH blockchain, it supports smart contracts and decentralized finance. Its ecosystem involves a multi-token system that enhances utility while promoting active participation through a community-driven governance model.
3. Pepe (PEPE)
Pepe (PEPE) is a deflationary meme coin inspired by the popular internet character Pepe the Frog. Operating on the Ethereum blockchain, PEPE includes mechanisms to reward long-term holders while maintaining token scarcity.
Pepe has a circulating supply of 420.7 trillion. It features a transparent no-tax policy, a redistribution system rewarding stakers and long-term investors, and a burning mechanism to sustain scarcity despite its high maximum supply.
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