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About GENX

Genx is a crosschain (BSC and Polygon) yield farm that provides great possibilities. We have different level NFTs to raise APRs, monster battles to make project more fun, crosschain (BSC, Polygon and Fantom) bridge that brings funds to backup our token's (GENX) price.

Evodefi (GENX) is a cryptocurrency launched in 2021. GENX has a current supply of 0 with 0 in circulation. The last known price of GENX is 0.000558215238 USD and is -0.000023891295 over the last 24 hours. It is currently trading on active market(s) with $4.19 traded over the last 24 hours. More information can be found at https://evodefi.com.

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GENX Price Statistics
GENX’s Price Today
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Updated Apr 13, 2024 4:24 am
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 Evodefi (GENX)?

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

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  • How much Evodefi (GENX) is there in circulation?

    As of , there is currently 0 GENX in circulation. GENX has a maximum supply of 5.00M.

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  • What is the market cap of Evodefi (GENX)?

    The current market cap of GENX is 0. It is calculated by multiplying the current supply of GENX by its real-time market price of 0.000558215238.

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  • What is the all-time low price of Evodefi (GENX)?

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

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  • Is Evodefi (GENX) a good investment?

    Evodefi (GENX) has a market capitalization of $0 and is ranked #6546 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 Evodefi (GENX) price trends and patterns to find the best time to purchase GENX.

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