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About DEFC

Community Driven Community driven & fair launch. The dev team burned all of their tokens and participated with everyone else.Automatic LP Every trade contributes towards automatically generating liquidity that goes into multiple pools used by exchangesRFI Static Rewards Holders earn passive rewards through static reflection as they watch their balance of DeFi Coin grow indefinitely.Usage Scenarios DeFi Coin will also offer an option to participate in the exchange of collectibles on the platform. We will have a section for non-fungible tokens (NFT) that users can trade for DeFiCoin. You can choose to keep these NFTs if you own or trade them on DeFiCoinSwap.

Defi Coin (DEFC) is a cryptocurrency launched in 2021. DEFC has a current supply of 100.00M with 0 in circulation. The last known price of DEFC is 0.003219137434 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://deficoins.io/.

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DEFC Price Statistics
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Updated Apr 13, 2024 4:55 am
Defi Coin
Mkt Cap $0
There's nothing here for now
Bitcoin's Scarcity Debunked: A Look at the Cryptocurrency's Divisibility
Bitcoin's Scarcity Debunked: A Look at the Cryptocurrency's Divisibility
According to Blockworks, despite the common belief that Bitcoin is scarce due to its supply limit of 21 million BTC, the reality is different. The scarcity notion is challenged by the fact that each Bitcoin is highly divisible, up to eight decimal places, resulting in 100 million satoshis (sats) per Bitcoin. This divisibility makes Bitcoin far from scarce. The current circulating supply of Bitcoin, which is 19.68 million, translates to 1.968 quadrillion sats. By 2140, there will be 2.1 quadrillion sats. To put this into perspective, the base money supply of the US dollar is currently less than $5.9 trillion, and the broader M3 is under $20.8 trillion. If Bitcoin is considered scarce, then so should the US dollar. While it's true that only 21 million people can ever own one Bitcoin each, the number of Bitcoin addresses with at least one Bitcoin is slowly growing. Currently, around 1 million addresses have at least 1 BTC. However, it's not clear how many of these addresses are owned by the same person or how many exchange accounts have million-dollar Bitcoin balances. There are also 53 million Bitcoin addresses that have one satoshi or more. If the current supply were suddenly distributed to these addresses, each would receive more than 37 million sats, equivalent to $25,500. This further challenges the notion of Bitcoin's scarcity. The perception of scarcity is attributed to the 'fiat brain', which automatically considers the largest unit when thinking about Bitcoin as a currency. However, sats are incredibly cheap right now, priced at $0.00069 each, and are often overlooked. If every sat were worth the current price of a whole Bitcoin, an even distribution would give every human alive $16.7 billion BTC. In light of the upcoming Bitcoin halving, there is a renewed interest in the idea of pricing Bitcoin in sats, rather than whole coins. This could potentially shift the perception of Bitcoin's scarcity and provide a more accurate representation of the cryptocurrency's supply.
Apr 13, 2024 4:19 am

Frequently Asked Questions

  • What is the all-time high price of Defi Coin (DEFC)?

    The all-time high of DEFC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Defi Coin (DEFC) is 0. The current price of DEFC is down 0% from its all-time high.

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  • How much Defi Coin (DEFC) is there in circulation?

    As of , there is currently 0 DEFC in circulation. DEFC has a maximum supply of 100.00M.

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  • What is the market cap of Defi Coin (DEFC)?

    The current market cap of DEFC is 0. It is calculated by multiplying the current supply of DEFC by its real-time market price of 0.003219137434.

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  • What is the all-time low price of Defi Coin (DEFC)?

    The all-time low of DEFC was 0 , from which the coin is now up 0%. The all-time low price of Defi Coin (DEFC) is 0. The current price of DEFC is up 0% from its all-time low.

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  • Is Defi Coin (DEFC) a good investment?

    Defi Coin (DEFC) has a market capitalization of $0 and is ranked #5048 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Defi Coin (DEFC) price trends and patterns to find the best time to purchase DEFC.

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