About Inflation Hedging Coin
Inflation is a continuous rise in the price level. Inflation means the value of money will fall and purchase relatively fewer goods than previously. Gas prices are rising. Real estate prices are soaring. Consumer goods companies are charging more for household basics like toilet paper, peanut butter and soft drinks. All of which is resurrecting fears of an economic threat that has all but disappeared over the past generation: Runaway inflation. And truth be told, inflation is rising throughout the world, with little solutions/benefits for the everyday Joes.
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Market Stats
Market Cap
S$7.15M
FDV
S$59.74M
Circ. Supply
120B IHC
Max Supply
1T IHC
Total Supply
621B IHC
Diluted Valuation
S$59.72M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
S$107.39K
-19.13%
Volume (7D)
S$734.02K
Volume (30D)
S$4.05M
All time high
S$0.0024
Price Change (1Y)
143.65%
Additional info about Inflation Hedging Coin
Recent trends
The latest IHC price is S$0.000060. Compared to Inflation Hedging Coin's value of S$0.00 from 24 hours ago, there's been a -3% decrease, while the current price is -8% down from S$0.00 which was recorded one week ago. Inflation Hedging Coin's all time high is S$0.0024, which was reached on November 13, 2021. This is a -97% change from its price today.
The current circulating supply of Inflation Hedging Coin is 119,642,987,723. This is 12% of its max supply of 1,000,000,000,000 IHC and 19% of its total supply of 621,439,126,933. The market cap is currently S$7.15M, which is a result of multiplying the current price of Inflation Hedging Coin(S$0.00) by the total supply(621,439,126,933 IHC). The fully diluted valuation of Inflation Hedging Coin is S$59.74M. The diluted valuation of Inflation Hedging Coin is S$59.74M.
Market details
IHC vs markets
↗ 82.82%
IHC vs BTC
↗ 59.52%
IHC vs ETH
↗ 255.67%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x86a53fcd199212FEa44FA7e16EB1f28812be911D |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.000060 | ↘ 3.28% |
1 Day | S$0.000062 | ↘ 3.28% |
1 Week | S$0.000065 | ↘ 7.95% |
1 Month | S$0.000079 | ↘ 23.48% |
1 Year | S$0.000026 | ↗ 143.65% |
FAQ
Inflation Hedging Coin (IHC) is a decentralized cryptocurrency based on blockchain technology. As suggested in the whitepaper, Inflation Hedging Coin aims to give investors a tool to rely on, not just for a short-term profit but for long-term savings and gains. The platform's technology is claimed to be consistently in the investors' best interests.
The IHC platform claims to offer transparency to traders by developing Inflation Hedging Coin's unique guidelines. The platform charges transaction fees both ways to the sender and the recipient and then distributes the collected fees to token holders on a day-to-day basis. The Inflation Hedging Coin app runs on blockchain's wallet and a decentralized exchange through Binance Smart Chain, via which token holders swap, yield, and lend.
IHC is the native token of the Inflation Hedging Coin platform. Token burning continues until the entire market cap drops from the initial supply of 1 trillion tokens to the number of token holders existing on the platform. At this point, the fees of the transaction drop between 0.5% and 1%. IHC tokens contain a 5% transaction fee. IHC burns itself yearly from its entire market capitalization at the inflation rate of the US to maintain the store of value until the whole market capitalization is equivalent to the number of IHC tokens present in the wallets of the token holders.
In IHC, transaction fees are regularly redistributed and accumulated among token holders, excluding the team members and the founders. The high transaction fee motivates the token holders to keep their tokens rather than trading with them, hence obtaining price stability in the volatile cryptocurrency space.
Gantig Bayarmagnai works as the CEO of Inflation Hedging Coin. The founding team includes Munkh-Erdene Burenjargal as the CTO and Munkhjin Otgonbaatar as the CFO. According to the road map of Inflation Hedging Coin, the platform’s initial exchange offering was made in August 2021, after which in September, the token was globally launched on various decentralized exchanges. IHC on-chain wallet was launched in January 2022 with a few more exchanges listing the token in the same month.
We update our Inflation Hedging Coin to SGD currency in real-time. Get the live price of Inflation Hedging Coin on Coinbase.
The current market cap of Inflation Hedging Coin is S$7.15M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Inflation Hedging Coin is S$0.0024. This all-time high is highest price paid for Inflation Hedging Coin since it was launched.
Over the last 24 hours, the trading volume of Inflation Hedging Coin is S$107.39K.
Assets that have a similar market cap to Inflation Hedging Coin include XDB CHAIN, KiloEx, Inter Milan Fan Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Inflation Hedging Coin is 120 billion.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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