Spore (SPORE) Market Snapshot
The current live Spore price is $0.00000000001608 USD**, with a 24-hour trading volume of approximately $61. Over the past day, the price has seen a slight decrease of -0.25%. The token trades against Bitcoin at 0.0000000000000001528 BTC**.
Circulating and Total Supply Metrics
- Circulating Supply: 30,536,848.49 B SPORE
- Total Supply: 30,536,848.49 B SPORE
- Maximum Supply: 100,000,000 B SPORE
Understanding Spore's Market Data
Spore operates as a digital asset on multiple blockchain networks. Its extremely low per-token price and high total supply are key characteristics that define its market presence.
Key Contract Addresses
For those interacting with the token directly, it's crucial to use the correct contract address for its respective network:
- BNB Smart Chain (BEP20):
0x33a3d962955a3862c8093d1273344719f03ca17c - Avalanche C-Chain:
0x6e7f5C0b9f4432716bDd0a77a3601291b9D9e985
Market Sentiment and Community Engagement
Market sentiment for cryptocurrencies like Spore can often be gauged through community polls and social channels. Engaging with these communities can provide insights beyond raw price data, offering a perspective on holder optimism or concerns.
A Deep Dive into Tokenomics
The tokenomics of a project are fundamental to understanding its potential. With a significant portion of the maximum supply not yet in circulation, future releases could impact the token's valuation. Investors should monitor project announcements for any details on vesting schedules or future distribution plans.
How to Analyze Ultra-Low-Priced Assets
Cryptocurrencies with very low per-unit prices often attract attention. However, it's essential to look beyond the price and evaluate the project's:
- Utility: What function does the token serve within its ecosystem?
- Community: Is there an active and growing community of supporters?
- Development Activity: Is the core team consistently building and updating the project?
Conducting thorough research on these factors provides a much clearer picture than price alone. For a comprehensive analysis of any digital asset, it's vital to 👉 explore more market strategies.
Frequently Asked Questions
What is Spore (SPORE)?
Spore is a cryptocurrency token that exists on both the BNB Smart Chain and the Avalanche network. It is characterized by its very high total supply and consequently very low price per individual token.
Why is the price of Spore so low?
The price is a function of its market capitalization relative to its massive circulating supply. A high supply number means each individual token represents a very small fraction of the overall network's value, leading to a low price point.
Where can I safely trade SPORE tokens?
SPORE tokens can be traded on various decentralized exchanges (DEXs) that support the BNB Chain or Avalanche networks. Always ensure you are using a reputable platform and confirm the contract address before making any trades to avoid scams.
What does the maximum supply tell us?
The maximum supply indicates the absolute maximum number of tokens that will ever exist. The difference between the current circulating supply and the max supply suggests that more tokens could be introduced to the market in the future, which is a factor to consider in its economic model.
How important is community sentiment for a token like Spore?
For many alternative cryptocurrencies, community sentiment can be a significant driver of short-term price volatility. A strong, active community can contribute to a project's longevity and adoption, making it a useful metric to watch.
Should I invest in a token with such a low price?
The price of a single token should not be the primary factor in an investment decision. It is more important to evaluate the project's fundamentals, use case, development team, and long-term vision. All investments in crypto assets carry risk, so only invest what you can afford to lose.