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What is the issuance price of ont coins?

Emily Anne Brown
Release: 2024-12-07 12:07:32
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ONT coins were first issued on March 29, 2018, with an issuance price of $0.05. The price went through a period of volatility following the release, reaching an all-time high of $12.5 in May 2018, but has since fallen and stabilized at around $1. The price of ONT coins is affected by factors such as technology adoption rate, market sentiment, regulations and competition.

What is the issuance price of ont coins?

ONT Coin Issuance Price

ONT Coin was first issued on March 29, 2018, with an issuance price of 0.05 USD.

Issuance Details

  • Issue Date: March 29, 2018
  • Issue Price: US$0.05
  • Issue Quantity: 10 Billion
  • Token Allocation:

    • Public Sale: 40%
    • Team and Advisors: 19%
    • Ecosystem: 20%
    • Investment Fund: 15%
    • Community Incentives: 6%

Subsequent Price Trend

ONT After the coin was issued, the price experienced a period of volatility. It initially rose above $0.1, but later fell back and stabilized around the issue price. Over the next few months, the price of ONT coins gradually increased, reaching an all-time high of $12.5 in May 2018. The price of ONT coins has since fallen along with the broader cryptocurrency market and has stabilized at around $1 until today.

Factors affecting price

The price of ONT coins is affected by many factors, including:

  • Technology adoption rate: ONT is the native token of the Ontology blockchain, and its adoption will affect its price.
  • Market Sentiment: The cryptocurrency market is highly volatile, and market sentiment can significantly affect the price of ONT coins.
  • Regulations: Government regulations may affect the cryptocurrency market and thus the price of ONT Coin.
  • Competition: ONT Coin competes with other similar blockchain tokens and increased competition may affect its price.

Ontology: Price Performance Analysis

As of 13:00 on July 8, 2024, the price of Ontology (ONT) is $0.165, with 24-hour trading volume to $17,119,592. Over the past 24 hours, ONT’s price has fallen by 6.81%, with the current float market cap sitting at $149.7 million.

Ontology has a total supply of 1 billion and a circulating supply of 905.7 million. This means that there are still 9.43 million ONTs not circulating in the market.

It is worth noting that the price of ONT has been volatile over the past few weeks. It hit a recent high of $0.24 in June but has been steadily declining since then. This volatility may be due to the overall downward trend in the cryptocurrency market, but it may also reflect concerns about Ontology's technology and platform.

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