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Price
$0.00000283
9/29/2022, 12:04:36 PM
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Market

Market stats

Market cap

$1.0M

Volume (24h)

$2,979.04

Circulating supply

367.3B YUMMY

All time high

$0.000015

Price change (1h)

+0.06%

Price change (24h)

-2.86%

Price change (7d)

-7.68%

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YUMMY is on the decline this week.

The price of YUMMY has fallen by 7.68% in the past 7 days. The price declined by 2.86% in the last 24 hours. In just the past hour, the price grew by 0.06%. The current price is $0.000003 per YUMMY. YUMMY is 80.73% below the all time high of $0.000015.

The current circulating supply is 367,302,685,640 YUMMY.

About

What Is Yummy (YUMMY)?

Yummy is a project working hard to positively impact the world while maximizing the returns to its token holders through exceptional tokenomics. The project emphasizes complete sustainable strategic growth decisions, transparency, and innovative marketing campaigns, ensuring that Yummy reaches its maximum potential. The Yummy project aims to deliver value to holders by the Growth Fund and help solve some of the world's pressing issues like a donation in Binance Lunch for children.

According to the whitepaper, Yummy is converting from Version 1 (V1) to a new brand smart contract and has introduced Yummy version 2 (V2). A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code. Yummy V2 is created because of high liquidity in Yummy V1. Higher Lp makes it harder to move the crypto price and capitalize on the positive announcement. Liquidity in crypto indicates the efficiency with which an asset gets converted into currency without affecting the market price.

As per the data available in the whitepaper, the market cap of Yummy is at a low level, so a reduction of liquidity percentage makes sense. However, the Growth Fund is a vital part of the V2 ecosystem, seeking to maximize Yummy holders’ returns through daily buyback and burns. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use. 

Additionally, V1 accumulates Yummy, and once it hits 3 billion, it trades the token on the open market. Through the trade in an open market, the development wallet gets funded. However, the open market trade raises a few problems. V2 contract seeks not to trade at a specific interval. In contrast, Yummy can be accumulated in the contract to get traded, burned, or allowed to sit there with no fixed schedule.

Further, once the Yummy V1's liquidity is locked, Yummy cannot airdrop V2 tokens to existing holders. Thus, V1 holders need to send the tokens to the contract address. If any token holders fail to convert their V1 token into V2 during the initial conversion window, they get five months as a grace period to do the conversion.

The project has Yummy Dogs with 10,000 NFTs created from hundreds of possible traits. Each NFT is unique, with traits randomly assigned at the mint. Each Yummy Dog grants its owner access to the Yummy ecosystem, including additional staking rewards, educational content, and more. Further, the project aims to have exceptional tokenomics where they burn about 15.1 billion tokens from 6% Contract Tax. According to the link available on the website, the YUMMY token runs on BEP-20 and ERC-721. BEP-20 is a token standard for the Binance Smart Chain (BSC), an evolved ERC-20 standard. ERC-721 is an open standard to build unique tokens on the Ethereum blockchain.

History of Yummy (YUMMY)

Yummy was introduced on May 1, 2021. The token's maximum total supply is 1,000,000,000,000 YUMMY.

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FAQ

What is the current price of YUMMY?

The price of 1 YUMMY currently costs $0.00000283.

What is the market cap of YUMMY?

The current market cap of YUMMY is $1.04M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of YUMMY?

The all-time high of YUMMY is $0.000015. This all-time high is highest price paid for YUMMY since it was launched.

What is the 24 hour trading volume of YUMMY?

Over the last 24 hours, the trading volume of YUMMY is $2.98K.

What other assets are similar to YUMMY?

Assets that have a similar market cap to YUMMY include CoinMerge (BEP-20), Empty Set Dollar, DoDreamChain, and many others. To see a full list, see our comparable market cap assets.

How many YUMMY are there?

The current circulating supply of YUMMY is 367 billion.

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