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About EGON

EgonCoin (EGON) is a cryptocurrency launched in 2024. EGON has a current supply of 271.00M with 0 in circulation. The last known price of EGON is 0.100278925893 USD and is 0.002379011868 over the last 24 hours. It is currently trading on active market(s) with $459,668.39 traded over the last 24 hours. More information can be found at .
EGON Price Statistics
EGON’s Price Today
24h Price Change
+$0.0023790118682.43%
24h Volume
$459,668.3922.71%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2860
EGON Market Cap
Market Cap
$0
Fully Diluted Market Cap
$27.18M
EGON Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
EGON Supply
Circulating Supply
0
Total Supply
271.00M
Max Supply
271.00M
Updated Apr 22, 2024 12:06 pm
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EGON
EgonCoin
$0.100278925893
$0.002379011868(+2.43%)
Mkt Cap $0
There's nothing here for now
EMC Labs: BTC's fourth halving accounts for 30% of the effective supply, causing a significant supply deflation effect
EMC Labs: BTC's fourth halving accounts for 30% of the effective supply, causing a significant supply deflation effect
EMC Labs, a crypto asset investment research institution, said in a statement today that although the absolute number of Bitcoin's fourth halving is not as good as the previous halving, the actual proportion of effective circulation may exceed 30%, which will cause a significant supply deflation effect in the next 4-year cycle. According to EMC Labs' calculations, the absolute number of BTC's fourth halving on April 20 was 164,000 pieces/year, and the halving number 4 years ago was 328,000 pieces/year. However, because the number of BTC on centralized exchanges that determine BTC's short-term pricing power has dropped from 3.06 million in the previous cycle to 2.29 million, the annual reduction in production accounts for 7% of short-term liquidity, which is not proportional to the 10% in the previous cycle. The total reduction in production over 4 years accounts for 28% of short-term liquidity. Considering that the number of coins held by centralized exchanges will continue to decline, this figure can actually account for more than 30%. And because the proportion of long-term holders has increased by 14% compared with 4 years ago, the combination of these two factors has a significant impact on the supply deflation caused by this halving. EMC Labs stated that this halving has reduced BTC’s annual inflation rate to 0.8%, and believes that the pattern of a super bull market within 18 months after the halving will reappear.
Apr 22, 2024 12:03 pm

Frequently Asked Questions

  • What is the all-time high price of EgonCoin (EGON)?

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

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  • How much EgonCoin (EGON) is there in circulation?

    As of , there is currently 0 EGON in circulation. EGON has a maximum supply of 271.00M.

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  • What is the market cap of EgonCoin (EGON)?

    The current market cap of EGON is 0. It is calculated by multiplying the current supply of EGON by its real-time market price of 0.100278925893.

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  • What is the all-time low price of EgonCoin (EGON)?

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

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  • Is EgonCoin (EGON) a good investment?

    EgonCoin (EGON) has a market capitalization of $0 and is ranked #2860 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 EgonCoin (EGON) price trends and patterns to find the best time to purchase EGON.

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