Fido (FIDO) Tokenomics
Fido (FIDO) Information
Introducing the latest sensation in the crypto world - $FIDO, a new ERC meme token inspired by a unique origin. The name 'Fido' was chosen by Elon Musk's advanced AI, Grok, when asked about its preferred dog name. Grok responded, "I would name my dog 'Fido' because it is a classic name that means 'faithful' or 'loyal.' I think it would be quite fitting for a loyal companion." This response has not only charmed the crypto community but also set the foundation for $FIDO.
With the massive success of $GROK, which astonishingly hit nearly 70 million, expectations are high for $FIDO. As the 'dog' of $GROK, $FIDO is poised to reach similar heights in the crypto market. Adding to its appeal, $FIDO comes with the advantage of being a 0 tax token. This feature ensures that holders can transact without the burden of additional fees, making it an attractive option for investors.
Furthermore, in a move to enhance security and trust, the liquidity of $FIDO has been burned, and the contract has been renounced. This action ensures that the token operates in a decentralized manner, with no single entity in control, thereby aligning with the core principles of blockchain technology.
$FIDO is not just a token; it's a symbol of loyalty and faithfulness, drawing inspiration from its namesake and the visionary ideas of Elon Musk's AI. As the crypto community rallies around this new and exciting token, $FIDO is set to make its mark in the digital currency space.
Fido (FIDO) Tokenomics & Price Analysis
Explore key tokenomics and price data for Fido (FIDO), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Fido (FIDO) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Fido (FIDO) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of FIDO 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 FIDO 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 FIDO's tokenomics, explore FIDO token's live price!
FIDO Price Prediction
Want to know where FIDO might be heading? Our FIDO 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.