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Eco App is a consumer fintech product that provides one simple app to spend, send, save and earn money at the same time
The Eco Currency is intended to serve as a decentralized alternative to fiat currencies. It is a decentralized crypto-reserve currency for the markets that emerge within online communities and offline use cases where the purchasing power of fiat currencies is in decline.
Eco features two tokens: the variable supply base currency (ECO) and a deflationary supply token (ECOx) intended to align incentives and bootstrap an open market signaling expectations for ECO adoption.
ECO (ticker: $ECO) is the base currency intended primarily for spending activity. ECO has a variable supply set by monetary policy.
ECOx (ticker: $ECOx) is a secondary token designed to promote sound governance and responsible growth. ECOx has a capped total supply that is designed to decrease over time.
Since ECO and ECOx have different purposes and use cases, they are allocated differently and their circulating supplies are expected to change at different rates. Therefore this post only summarizes the starting supply — from here, other than for preset token unlock events, system governance will dictate changes in token supply and distribution of new supply.
ECO's current price is $ 0.0152, it has dropped -0.01% over the past 24 hours.
ECO's All Time High (ATH) of $ 0.027 was reached on 8 Nov 2022, and is currently -43.8% down.
The current circulating supply of ECO is 238.82 Million tokens, and the maximum supply of ECO is 10.00 Billions.
ECO's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 3.63 Million.
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