Wrapped Shiden Network (WSDN) Tokenomics
Wrapped Shiden Network (WSDN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Wrapped Shiden Network (WSDN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Wrapped Shiden Network (WSDN) Information
Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain does not support smart contract functionality by design - Kusama Network needs a smart contract layer. This is where Shiden Network comes in. Shiden supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one. The platform supports various applications like DeFi, NFTs and more.
Wrapped Shiden Network (WSDN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Wrapped Shiden Network (WSDN) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of WSDN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many WSDN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand WSDN's tokenomics, explore WSDN token's live price!
WSDN Price Prediction
Want to know where WSDN might be heading? Our WSDN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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