Could you please elaborate on the total supply of Hifi Finance coin? Is there a finite number of coins in circulation, or is there a mechanism in place for additional coins to be created? Additionally, how does the total supply factor into the overall value and stability of the coin? Understanding the total supply is crucial in assessing the potential for growth and adoption of Hifi Finance.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Lorenzo
    Tue Aug 13 2024
   
  
    With a market capitalization of €78.7 million, HIFI occupies a notable place in the crypto landscape. The fluctuating value of the asset underscores the dynamic nature of the cryptocurrency market.
  
  
 
            
            
  
    
    Margherita
    Tue Aug 13 2024
   
  
    Trading activity surrounding HIFI has been robust, with a total trading volume of €11.8 million recorded over the last 24 hours. This significant volume indicates active interest and liquidity in the market for HIFI tokens.
  
  
 
            
            
  
    
    CryptoAlchemy
    Tue Aug 13 2024
   
  
    The token's circulating supply stands at 127.4 million, representing a substantial portion of the total supply of 141.3 million tokens. This distribution of tokens affects the overall scarcity and demand dynamics of the cryptocurrency.
  
  
 
            
            
  
    
    CryptoWizard
    Tue Aug 13 2024
   
  
    Investors and traders alike are closely monitoring the performance of HIFI, as its price movements can significantly impact their portfolios. The recent decline in price highlights the importance of diversification and risk management in cryptocurrency investments.
  
  
 
            
            
  
    
    Leonardo
    Tue Aug 13 2024
   
  
    Hifi Finance (HIFI) is currently trading at a price of €0.62, marking a decline of 7.65% within the past 24 hours. This performance positions the cryptocurrency at the 506th rank in the market.