In the image, you can see a rather interesting comparison of the price-to-market cap ratio of Notcoin, which has a deflationary mechanism, with an altcoin that has an inflationary mechanism.
The following formula is used to calculate market capitalization:
Market Cap = Token Price × Total Circulating Supply
The current market capitalization of the cryptocurrency market is about $2 trillion. Despite this, many altcoins continue to hit new lows or consolidate near them. This is due to constant hyperinflation and the issuance of new tokens, ongoing unlocks, which decrease the price and increase the amount of money needed to grow the market cap.
Notcoin, however, has a deflationary model. All tokens are already in circulation, and there will be no new emissions. This ensures that the supply will not increase, similar to Bitcoin. 90% of all Notcoin tokens are in the hands of the community. This means that power and influence are evenly distributed among ecosystem participants. The absence of vesting, unlocks, and funds eliminates the possibility of supply manipulation.
During this period, 227,951,278 $NOT worth $3,692,810 have been burned.
In the image, you can see a rather interesting comparison of the price-to-market cap ratio of Notcoin, which has a deflationary mechanism, with an altcoin that has an inflationary mechanism.
The following formula is used to calculate market capitalization:
Market Cap = Token Price × Total Circulating Supply
The current market capitalization of the cryptocurrency market is about $2 trillion. Despite this, many altcoins continue to hit new lows or consolidate near them. This is due to constant hyperinflation and the issuance of new tokens, ongoing unlocks, which decrease the price and increase the amount of money needed to grow the market cap.
Notcoin, however, has a deflationary model. All tokens are already in circulation, and there will be no new emissions. This ensures that the supply will not increase, similar to Bitcoin. 90% of all Notcoin tokens are in the hands of the community. This means that power and influence are evenly distributed among ecosystem participants. The absence of vesting, unlocks, and funds eliminates the possibility of supply manipulation.
During this period, 227,951,278 $NOT worth $3,692,810 have been burned.
The account, "War on Fakes," was created on February 24, the same day Russian President Vladimir Putin announced a "special military operation" and troops began invading Ukraine. The page is rife with disinformation, according to The Atlantic Council's Digital Forensic Research Lab, which studies digital extremism and published a report examining the channel. "Your messages about the movement of the enemy through the official chatbot … bring new trophies every day," the government agency tweeted. The next bit isn’t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Fools’ prank. TechCrunch implies that it was a matter of principle, but it’s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. If you initiate a Secret Chat, however, then these communications are end-to-end encrypted and are tied to the device you are using. That means it’s less convenient to access them across multiple platforms, but you are at far less risk of snooping. Back in the day, Secret Chats received some praise from the EFF, but the fact that its standard system isn’t as secure earned it some criticism. If you’re looking for something that is considered more reliable by privacy advocates, then Signal is the EFF’s preferred platform, although that too is not without some caveats.
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