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On 9/1/2018 at 5:37 AM, Admin said:

According to Coinmarketcap.com, ArtByte is now over $25,000,000 market cap!

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Amazing news ! 

Actually, I knew this news before you notified :D

Congratulation ! 

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6 hours ago, Gates said:

I congratulate the creators of aby, all coin holders. Market capitalization shows how much coins are in circulation?

It means the total value of alle coins in circulation. At the moment about 792million ABY are in circulation and their total value has passed 25 million dollars.

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Yes. Adding more, market cap is the value of all the coins  in circulation, so number of coins in circulation * price per coin.

I don't really know at this moment if the number of coins in circulation is fixed. I assume actually it is being increased by mining activity.

 

Market capitalization is a very interesting metric. Among other things it is the variable that sorts coins in coinmarketcap.com

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16 hours ago, hj27 said:

I don't really know at this moment if the number of coins in circulation is fixed. I assume actually it is being increased by mining activity.

The ABY announcement thread states the following:

"Approx. 1 billion total coins, plus 0.5% inflation after year 8"

So there are still quite a few tokens that can be mined.

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to be honest - I haven't thought that this could happen today^^
That is showing, how fast things can change - and I would like to see, that this direction will continue the next weeks :)

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