The token economy is an important part of any project and we should look into this to have a thorough understanding of the project. This can help us understand better about the project and how things are planned and even how is it going. In simple words, it is one of the metrics that a lot of people follow to figure out whether the project is doing great or not. Now today let's go ahead and check out the PussFi project.
PUSS is the coin ticker in the market and you can check the price in coinmarketcap also using this link. The same is available on below as well
The coin price has dropped by 1.22% in the last 24 hours and this is normal in the market. We have seen significant price growth with this coin and compared to this drop is nothing because it is just 1% approx and in the crypto market a fluctuation between 5 to 10% is quite normal.
The current price is $0.0057$ and its market cap is 5.7 million USD however its growing which means more investors are coming through.
The total coin supply is 1 billion and the entire supply is available in circulation. Please note that no tokens are distributed to private investors or the team members in any way which is a plus point. It is a plus because the entire coin holding remains in the hands of the community so nobody has the privilege to hold tokens apart from buying from the open market. It is a valuable part of the project that we should not ignore.
The trading volume is more than 28,000 U.S. dollars which I think is pretty good considering we are in the bear market and the project is new.
In terms of Tron this volume has been 180K tron tokens which I believe is again good and its doing great on overall trading volume in the market.
There are over 3200 token holders (active wallets). I would like to mention here that the project is new and considering this the coin holders count is significant I anticipate that this is going to grow a lot as the project continues to build and more adoption happens.
I have done this exercise even before investing but from time to time I keep on reviewing it and I am glad that things are going fantastic with this project. After going through all these aspects I can say that this project is doing great in the market and it is worth investing in the long-term approach. Though the founder is considering it as a meme coin but I would say that its not really that as its going to have great utility.
I am already an investor in this project and my investment is for the long term. I am glad that I am part of such a growing project and I am hoping that things are going to be more valuable because if you look at the road map then you will find that everything is going as per the track and development is really going to take it forward where the value appreciation is highly anticipated.
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