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DSDC is a collection of 5,605 Drunk Skunk NFT's coming to life on the Binance Smartchain. Owning a Drunk Skunk gets you membership to the Drunk Skunks Drinking Club- a social club with exclusive members only benefits. The Drunk Skunk Drinking Club will include social meetups, merch giveaways, contests and givebacks to our exclusive holders. Purchase all DSDC Products at a discount! Quarterly/Yearly Products to holders who meet a certain % requirement DAO Power - Make real life business decisions! Access our Virtual Game Bar! Play-to-earn $STINK Staking/Farming Pools

Drunk Skunks Drinking Club (STINKV2) is a cryptocurrency launched in 2023. STINKV2 has a current supply of 1.00Bn with 0 in circulation. The last known price of STINKV2 is 0.000011082879 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://drunkskunksdc.com/welcome.

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STINKV2 Price Statistics
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Updated Jul 26, 2023 2:30 am
Drunk Skunks Drinking Club
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 Drunk Skunks Drinking Club (STINKV2)?

    The all-time high of STINKV2 was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Drunk Skunks Drinking Club (STINKV2) is 0. The current price of STINKV2 is down 0% from its all-time high.

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  • How much Drunk Skunks Drinking Club (STINKV2) is there in circulation?

    As of , there is currently 0 STINKV2 in circulation. STINKV2 has a maximum supply of 1.00Bn.

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  • What is the market cap of Drunk Skunks Drinking Club (STINKV2)?

    The current market cap of STINKV2 is 0. It is calculated by multiplying the current supply of STINKV2 by its real-time market price of 0.000011082879.

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  • What is the all-time low price of Drunk Skunks Drinking Club (STINKV2)?

    The all-time low of STINKV2 was 0 , from which the coin is now up 0%. The all-time low price of Drunk Skunks Drinking Club (STINKV2) is 0. The current price of STINKV2 is up 0% from its all-time low.

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  • Is Drunk Skunks Drinking Club (STINKV2) a good investment?

    Drunk Skunks Drinking Club (STINKV2) has a market capitalization of $0 and is ranked #4694 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 Drunk Skunks Drinking Club (STINKV2) price trends and patterns to find the best time to purchase STINKV2.

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