ONYX (ONYX) Tokenomics
ONYX (ONYX) Information
$ONYX is the the token of Kamigotchi, a fully onchain idle MMORPG inspired by Runescape, Neopets, and Maplestory. $ONYX is a bToken powered by Baseline Markets, with each token backed by an underlying reserve of $ETH, which creates a max drawdown price known as the BLV.
Kamigotchi World itself revolves around the Kamigotchi, procedurally generated NFT-pets which live onchain. Each Kamigotchi has their own unique traits, stats, identity, and progression. Kamigotchi harvest MUSU, an in-game currency, and gain XP and level up in the process!
$ONYX is currently used for rerolling Kamigotchi back to the gacha pool, for resurrecting Kamigotchi, and soon for renaming and respeccing Kamigotchi. A bridge will be added to allow $ONYX to exist as an item ingame, which will be exchangeable with other players for MUSU. More utility will be added as the project continues.
ONYX (ONYX) Tokenomics & Price Analysis
Explore key tokenomics and price data for ONYX (ONYX), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
ONYX (ONYX) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of ONYX (ONYX) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of ONYX 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 ONYX 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 ONYX's tokenomics, explore ONYX token's live price!
ONYX Price Prediction
Want to know where ONYX might be heading? Our ONYX 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.