Post
Topic
Board Announcements (Altcoins)
Re: DERO: Privacy + Smart Contracts + Lightning Fast Transactions
by
CaptDero
on 04/02/2018, 06:26:38 UTC
What is the  current supply and marketcap of Dero?
o
I think that supply is somthing around 850K + 2M premine and there is no marketcap, cause dere still not listed on coinsmarketcap.

Of course there is a market cap. Market cap (short for Market Capitalization) is just outstanding supply * current price. If your estimates of outstanding are correct, that would mean we have:

2.85M outstanding DERO * ~$0.60/DERO = $1.71M

The only reason that there is no market cap listed anywhere is because nobody has taken the time to crawl the blockchain, calculate it out, and provide the data via an API that coinmarketcap can use. I'd also imagine they would need some verification on the 2M premine if it is not represented in the blockchain.

Coinmarketcap requires daily volume of 50k$ to be listed.