DOJO Protocol (DOAI) has also given a fairly good account of itself and is currently trading at $0. 03064, with a 0. This is up by 48% within the last 24 hours. The token’s market capitalization has also experienced a 0. grew by 48% and its worth rising to $13. It ranks #873 in the Cryptocurrency market capitalization with a total market cap of $56 million.
There is still a lot of trading going on around the DOAI with a daily volume of $10. 53 million, a 2. It has seen a 45% growth within the last month putting it at position 258 in terms of trading volume. It is valuable to note that the volume to market capitalization ratio is 77 which is quite high. This is 60%, meaning that the majority of market cap is being traded thus making the market to be liquid.
This high ratio indicates that there is a high level of activity with the asset, which means that traders are interested in DOAI and hence the asset is rather liquid in the crypto market.
Of DOJO Protocol, there are 442 in circulation. 67 million DOAI, Out of which 44 are the students 27% of the entire token stock which is 1 billion tokens. This means that a large part of the token supply is still to be distributed in the market. The market capitalization to the fully diluted level reaches $30.
This is because the total valuation of all tokens was estimated to be $64 million in case all the tokens are in circulation. This is a clear distinction from the current market capitalization of the coin and therefore points towards the fact that there is still a lot of room for growth as more tokens are released in the market.
Thus, DOJO Protocol (DOAI) continues the gradual growth, which is evident in the increase of market capitalization and the trade volume. There is still a large portion of its supply that is yet to be released into circulation and its high liquidity points towards the possibility of DOAI growing in equal measure as the corresponding ecosystem develops. The investors should look for the future prospects of the company and the market trends to evaluate its future prospects.