Koin holding up during turbulent times

in LeoFinance4 years ago (edited)

Edit: a post turned into an edit and overwrote the old post. Content restored

  • Koin price: $0.79
  • No. wallets: 2923
  • Whale dominance: 28.7
  • Market Cap: $76 million

Andrew Levine is doing a series about different aspects of blockchains on Cointelegraph.

This week's topic is Proof-of-Work: Inside the blockchain developer’s mind: Blockchain consensus, Part 1

Koin Trading Update

Number addresses holding Koin:

211205_koin_wallets_bar.png

Number of wallets holding Koin sorted by whale, investor and retail:

211205_number_whale_investor_retail.png

# Whales# Investors# Retail
171932713

Accounts holding > 1% of total supply is a whale. Accounts holding between 0.1% to 1% are considered investors. Accounts below 0.1% are called retail.

Koin price history during November 2021 on Coinmarketcap.com:

211205_koin_price.png

Main trading venues are Uniswap V2 and V3:

211205_koin_trading.png

Both Uniswap versions are holding a limited amount of Koin supply:

V2 is holding 150 thousend Koin (0,15% of float) and V3 is holding 660 thousend Koin (0,66% of float).

Whale Domination

Whale Domination describes the share of tokens whales hold. For this purpose, an account holding more than 1% of total supply, is a whale. Accounts holding between 0.1% to 1% are considered investors and every account below 0.1% is viewed as retail.

A few tokens as reference:

TokenDomination [%]
DASH4
ETH14
HIVE40
DOGE45
BTC63
VET74

Koinos has a Whale Domination quotient of 29%. 17 out of 2923 (0,6%) accounts are KOIN whales.

Whale Domination over time:

211205_koin_dominance.png

Whale DominationInvestor %Retail %
29%5318

Statistical Properties

Koin distribution across accounts.

211205_representative_koin_wallets.png

MaxMean3rd QuartileMedian1st Quartile
2374615.74322095.848000.01767.47512.68

The largest account held 4'556'118 Koin in May 2021.

The extremely large difference between mean and median balance shows a strong concentration of assets in the top quartile.

Links

Koinos Website: https://www.koinos.io

Full Recording Building A Blockchain with Zero Barriers with Andrew Levine

Run a Koinos cluster from a Docker file: https://github.com/koinos

How to deploy test net version 0.2.0

Testnet tutorial by @jga: Koinos: How to create a microservice in Typescript

Koinos YouTube channel

Koinos Whitepaper

Reddit r/Koinos

Data source: etherscan.io.


Vote for my witness: @blue-witness

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