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About SOCIAL

Phavercoin (SOCIAL) is a cryptocurrency launched in 2024. SOCIAL has a current supply of 10.00Bn with 1.00Bn in circulation. The last known price of SOCIAL is 0.001723101783 USD and is -0.000074885172 over the last 24 hours. It is currently trading on active market(s) with $1.99M traded over the last 24 hours. More information can be found at .
SOCIAL Price Statistics
SOCIAL’s Price Today
24h Price Change
-$0.0000748851724.16%
24h Volume
$1.99M40.79%
24h Low / 24h High
$0 / $0
Volume / Market Cap
1.15
Market Dominance
0.00%
Market Rank
#1916
SOCIAL Market Cap
Market Cap
$1.73M
Fully Diluted Market Cap
$17.23M
SOCIAL Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SOCIAL Supply
Circulating Supply
1.00Bn
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Dec 01, 2024 1:24 pm
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SOCIAL
Phavercoin
$0.001723101783
$0.000074885172(-4.16%)
Mkt Cap $1.73M
There's nothing here for now
Jito founder: Jito generated 9.2 million SOL for validators and stakers in November, and the new version v2 is planned to be released early next year
Jito founder: Jito generated 9.2 million SOL for validators and stakers in November, and the new version v2 is planned to be released early next year
Buffalu, founder of the crypto infrastructure company Jito, said in a post on X: "The Jito Labs Block Engine team has been advancing development work, focusing on reliability and performance: - Reduce trust in centralized databases; - Better and faster network retries; - Better load balancer performance; - Improved auction logic brings lower latency and more transactions. These improvements have been reflected in the user experience: more transactions can be completed faster. Jito tips pay normal priority fees at a ratio of about 1:1, but the block space used is very small (the average CU per block in the past 12 hours is about 9.3M, a total of 48M). To achieve this, we ran simulations on a custom internal fork of Jito-Solana (gt; 500k/s). Our system and validator clients delete bundles that fail to execute, saving block space and improving the experience of all users on the network. We have cared about stakers from day one and built a protocol that transparently distributes tips to stakers. This has led to validators and Increased staking rewards for LST (priority fees were not shared with stakers until SIMD-0123). Now ~20-30% of staking rewards come from Jito tips. Since launch in late 2022 (early validator adopters), validators and stakers have earned over 31M SOL in additional revenue. This month, it generated 9.2M SOL ($208M) in revenue for validators and stakers. There is still a lot of work to do in the future: - Improve auction efficiency and tip prediction work; - Platform performance; - Infrastructure redundancy and global footprint expansion; - (Revised) v2, scheduled for release early next year. ”
Dec 01, 2024 1:08 pm
South Korea Delays Virtual Asset Tax by Two Years, Says Democratic Party Representative
South Korea Delays Virtual Asset Tax by Two Years, Says Democratic Party Representative
According to Odaily, South Korea has decided to postpone the implementation of a capital gains tax on virtual assets by two years. This announcement was made by Park Chan-dae, a representative of the Democratic Party, during a press conference held at the National Assembly in Yeouido, Seoul. Park stated that after extensive discussions on the matter, it was deemed necessary to further reform the virtual asset tax system before proceeding with taxation. Park also addressed the budget-related subsidiary bills designated by National Assembly Speaker Woo Won-shik. He noted that out of the 13 bills proposed by the government, eight have been agreed upon by both ruling and opposition parties and are expected to pass. Park mentioned that five of these bills would be processed in the upcoming plenary session, with further discussions planned to determine the direction of handling these legislative matters. He emphasized that certain bills, such as those related to inheritance and gift taxes, should be rejected, indicating his intention to oppose them. This decision to delay the virtual asset tax is seen as a move to support the ongoing bull market in the cryptocurrency sector, as highlighted by Arthur Hayes, who referenced Korean media reports. The postponement reflects the government's cautious approach to regulating the rapidly evolving digital asset landscape, ensuring that the tax framework aligns with the broader economic and technological developments in the industry.
Dec 01, 2024 12:53 pm

Frequently Asked Questions

  • What is the all-time high price of Phavercoin (SOCIAL)?

    The all-time high of SOCIAL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Phavercoin (SOCIAL) is 0. The current price of SOCIAL is down 0% from its all-time high.

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  • How much Phavercoin (SOCIAL) is there in circulation?

    As of , there is currently 1.00Bn SOCIAL in circulation. SOCIAL has a maximum supply of 10.00Bn.

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  • What is the market cap of Phavercoin (SOCIAL)?

    The current market cap of SOCIAL is 1.73M. It is calculated by multiplying the current supply of SOCIAL by its real-time market price of 0.001723101783.

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  • What is the all-time low price of Phavercoin (SOCIAL)?

    The all-time low of SOCIAL was 0 , from which the coin is now up 0%. The all-time low price of Phavercoin (SOCIAL) is 0. The current price of SOCIAL is up 0% from its all-time low.

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  • Is Phavercoin (SOCIAL) a good investment?

    Phavercoin (SOCIAL) has a market capitalization of $1.73M and is ranked #1916 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Phavercoin (SOCIAL) price trends and patterns to find the best time to purchase SOCIAL.

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