A new and interesting participant can be observed on the cryptocurrency market – i3D Protocol bringing a fresh idea into decentralized investing and startups estimation. Pricing at $0.0008344 per coin, the cryptocurrency has only experiencing a slight rise of 0.90% within the last one day. Having a market capitalization of $ 66,288.28 puts i3D Protocol at #3887 in the highly competitive world of crypto assets, it is relatively young but has potential for development.
However, one of the most positive trends of i3D Protocol is the trading volume. The trading volume of the coin in the past 24 hours stands at $66,894.94 and its rank in the daily trading volume list is #2792. This has put into view a 7.55% increase in volume, which is a sign that there is an up trend in traders and investors. Leveraging the volume to market capitalisation ratio which is 100.92%, it is evident that i3D Protocol boasts of better liquidity compared to the size of the market. This high numbers is normally considered by traders as good because they allow one to buy or sell this coin without affecting their price.
Specifically, it would also be interesting to consider the tokenomics of the i3D Protocol. According to the authors’ own estimate, the circulating supply of I3D is 79,440,000 tokens which, in turn, is only 3.45% of the total supply. This relatively low circulation % may suggest that a good many tokens are illiquid or held by those with a long-term outlook on holding the token hence limiting short term selling pressure. I3D of i3D Protocol’s total and maximum supply stands at a fixed 2.3 billion units with no other means of production. This fixed supply cap can be greatly appealing to investors particularly those who are worried about inflation.
When taking into account the contract total supply, the fully diluted market cap of i3D Protocol came out to be $1.92 million. This figure offers a good picture of the projects’ worth if all tokens were out and floating on the market at current per price value. The disparity between the current market cap and the fully diluted market cap means that there is much potential provided that there is uptake of the project and more tokens are issued into the market.
The method for startup evaluation and investment forms the core of what has been christened as i3D Protocol. The platform applies crowd intelligence, analysis of AI-based algorithms together with scoring the startups’ performances. This tandem is projected to present quantitative information to investors to manage risks and optimize returns given the uncertainty that defines early-stage investments.
The i3D Protocol exists as a marketplace, where emerging enterprises in need of capital find analysts and investors. Ventures present their ideas to the platform on which they are also reviewed by a set of analysts and professionals. These assessments can involve issues such as, market factors, technology, revenue models, and the capabilities of the development team.
Another aspect of the i3D Protocol is the element of the incentives program. Researchers who offer useful analysis and evaluations are rewarded with i3D tokens; hence, there is engagement in the evaluation process. Apart from that, this system significantly assists in the maintenance of the quality of assessments and Token circulation within the entire ecosystem.
New Trigger Lotteries are an enhancement that helps to build an interest in the i3D Protocol. These lotteries bring Cash rewards and bonus tokens for the early participants and encourage people towards engaging with the platform.
Like any cryptocurrency, i3D Protocol should not be taken lightly and the investor needs to do proper research. Here, based on the specified project strategy and recent market outcomes, the proposed project looks quite appropriate: it is unique whereas the cryptocurrency market is rather unpredictable. Concerning the latter, it can be suggested that the market cap of i3D Protocol is low, which can be considered a potential both in term of opportunities and threats. On one hand, it indicates the potential for lots of growth if the project starts to achieve popularity. Smaller market capitalization cryptocurrencies are also more prone to manipulation and very high fluctuations in their prices.
All things considered, an i3D Protocol is an interesting new phenomenon in the world of cryptocurrencies and startup crowdfunding. Because of its recent market performance, it fulfills specific criteria that make it worth following for people interested in specific DC and emerging cryptocurrencies.
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