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Planet Finance (AQUA) is a decentralized finance (DeFi) protocol designed to enable users to activate and utilize their capital across various applications. Built on the Binance Smart Chain (BSC), Planet Finance aims to provide high yields through automatic interest compounding and rewards distributed in its native AQUA tokens.
AQUA serves as a scarce cryptocurrency and the primary governance token for the Planet Finance ecosystem. It allows holders to participate in the governance of the 'planets' (applications) within the protocol. AQUA tokens are earned by contributing monetary energy to vaults and pools on the Planet Finance platform.
Historically, the maximum total supply of AQUA was set at 100,000 tokens before the implementation of a burning mechanism. Token burning involves permanently removing a fraction of tokens from circulation by sending them to an inaccessible wallet. This process is typically employed to reduce the available supply, potentially increasing scarcity and market value over time.
Analyzing the trading dynamics of Planet (AQUA) reveals several key insights for potential investors. With a current price of $1.43 and a 24-hour change of +0.36%, the asset shows minimal recent price movement. However, the reported 24-hour trading volume of $69.80 is extremely low. This low volume suggests very limited liquidity, meaning that even small buy or sell orders could significantly impact the price, leading to high volatility and potential slippage for traders.
The market capitalization of $124.786K places AQUA firmly in the micro-cap category. Assets with such low market caps are often highly speculative and carry elevated risks compared to larger, more established cryptocurrencies. Price discovery can be inefficient, and market sentiment can shift rapidly.
A significant data point is the all-time high (ATH) of $1,931.34. The current price represents a substantial decline from this peak, indicating that early investors may have experienced considerable losses or that the project has undergone significant revaluation. Traders should consider the implications of this historical price action and assess whether the current valuation reflects a potential bottom or continued downward pressure.
For any asset with low liquidity and market cap, it is crucial for investors to conduct thorough due diligence beyond just price metrics. Understanding the project's development roadmap, community engagement, and the actual utility of the AQUA token within the Planet Finance ecosystem is paramount before considering any investment.
Understanding an asset's liquidity structure is vital for assessing its market health and potential for price stability. It refers to how an asset's total supply is distributed across various holders, exchanges, and locked protocols. This distribution directly impacts trading liquidity, potential selling pressure, and overall market dynamics.
For Planet (AQUA), specific detailed breakdowns of token distribution (e.g., team allocation, treasury, public sale, staking pools) are not publicly confirmed. Without this granular data, it is challenging to accurately gauge the concentration of holdings or potential sources of large buy/sell orders. General guidance suggests that a diversified distribution among many holders typically indicates a healthier, more decentralized market.
Price history provides critical context for understanding an asset's volatility and long-term performance. For Planet (AQUA), the current price of $1.43 stands in stark contrast to its all-time high (ATH) of $1,931.34. This significant divergence indicates a substantial price correction or a shift in market perception since its peak.
Investors should analyze the duration and magnitude of price declines to assess potential support levels and resistance zones. A prolonged period of low trading volume, as observed with AQUA, can exacerbate price swings, making it challenging for investors to enter or exit positions without significant price impact. The journey from ATH to current levels often reflects market maturity, project challenges, or broader market trends.
While the 24-hour change of +0.36% suggests minor recent stability, this short-term view should be balanced against the longer-term trend implied by the ATH. Understanding the factors that drove the price to its peak, as well as those contributing to its subsequent decline, is essential for forming an informed investment thesis.
Note: The percentage changes and bar widths in the price history section are illustrative and do not represent exact historical returns. Past performance is not indicative of future results. Investors should consult reliable financial data providers for precise historical price data.
Planet Finance is envisioned as a comprehensive financial protocol, offering a suite of decentralized applications (dApps) on the Binance Smart Chain (BSC). Its core mission is to empower users to 'activate their capital' by providing mechanisms for earning high yields through automated compounding of interest and platform rewards.
The ecosystem is designed around various 'planets,' each representing a distinct application or service within the protocol. While specific details of these applications are not fully outlined in the provided information, the overarching goal is to create a unified DeFi experience. The native token, AQUA, is central to this ecosystem, serving multiple critical functions.
AQUA is positioned as a scarce cryptocurrency, primarily acting as the governance token for all 'planets' within the Planet Finance framework. This means AQUA holders have the ability to influence key decisions and future developments of the protocol. The token is distributed as a reward for user engagement, specifically earned through the 'monetary energy' placed into vaults and pools on the Planet Finance platform. This incentivizes participation and liquidity provision, aligning user interests with the protocol's growth.
The project's tokenomics also highlight a maximum initial supply of 100,000 AQUA tokens, followed by a burning mechanism. Token burning is a deflationary measure where a portion of tokens is permanently removed from circulation, aiming to increase scarcity and potentially enhance the value of the remaining tokens. This mechanism suggests a long-term strategy to manage supply and support token value.
Planet Finance (AQUA) is a decentralized finance (DeFi) protocol built on the Binance Smart Chain (BSC). It aims to provide a suite of applications for users to earn high yields through automated interest compounding and platform rewards. AQUA is the native governance token, allowing holders to participate in decision-making and earned by contributing capital to the protocol's vaults and pools. The project features a token burning mechanism designed to manage supply and enhance scarcity.
Specific contract addresses for Planet (AQUA) are not publicly confirmed in the provided data. However, as a token built on the Binance Smart Chain (BSC), AQUA would typically have a unique BEP-20 contract address. This address is crucial for verifying the token's authenticity, tracking on-chain transactions, and interacting with decentralized applications (dApps) and exchanges.
Investors and users should always verify the official contract address directly from the project's official website or reputable blockchain explorers (e.g., BscScan) to avoid scams and ensure they are interacting with the legitimate token. The contract address is the immutable identifier of the token on the blockchain.
The market behavior of Planet (AQUA) is characterized by its low market capitalization ($124.786K) and extremely low 24-hour trading volume ($69.80). These metrics are indicative of a highly illiquid asset, which can lead to several distinct market behaviors:
Investors should approach assets with such market characteristics with extreme caution, prioritizing thorough research into the project's fundamentals, team, and community engagement over short-term price movements.
Planet Finance is a DeFi protocol on the Binance Smart Chain designed to help users earn high yields through various applications. AQUA is its native governance token, earned by participating in the protocol's vaults and pools.
Token burning is the permanent removal of tokens from circulation, typically done to reduce supply and potentially increase scarcity and value. For AQUA, a maximum initial supply of 100,000 tokens was set before burning mechanisms were implemented, aiming to manage its long-term supply.
While AQUA is listed on platforms like Coinbase for price tracking, actual trading availability depends on specific exchange listings. Given its low volume and market cap, liquidity may be concentrated on smaller decentralized exchanges (DEXs) on the Binance Smart Chain. Always verify trading pairs and liquidity on your preferred exchange.
The tokenomics of Planet (AQUA) are centered around a limited supply and a deflationary mechanism. The maximum total supply of AQUA was initially set at 100,000 tokens before any burning events. This relatively small total supply suggests a design choice aimed at fostering scarcity.
The current circulating supply is reported at 89,000 AQUA. The difference between the initial maximum supply and the current circulating supply implies that some tokens have already been removed from circulation, likely through the stated token burning mechanism. Token burning involves sending a fraction of tokens to an unspendable address, effectively reducing the total available supply. This strategy is often employed to increase the scarcity of an asset, which can, in theory, contribute to its value proposition over time.
AQUA's primary utility is as a governance token within the Planet Finance ecosystem. Holders of AQUA can participate in decision-making processes, influencing the development and direction of the protocol's various 'planets' or applications. This governance utility is a key driver of demand for the token, as it grants users a voice in the project's future. Furthermore, AQUA tokens are earned as rewards for users who contribute capital to the vaults and pools on the Planet Finance platform, incentivizing active participation and liquidity provision within the DeFi ecosystem.
The combination of a limited supply, a burning mechanism, and a clear governance utility forms the core of AQUA's tokenomics, aiming to create a valuable and actively managed digital asset within the Planet Finance protocol.
When evaluating Planet (AQUA), it can be useful to consider comparable assets, particularly those with similar market capitalization. The provided data suggests that assets like Zoo Token, Exohood, and USD Mars share a similar market cap range with AQUA.
However, a direct comparison based solely on market cap can be misleading. While market cap provides a snapshot of an asset's overall valuation, a comprehensive comparative analysis should extend to:
Investors should use market cap comparables as a starting point for discovery, but always delve deeper into the fundamental aspects of each project to make informed decisions.
Investing in Planet (AQUA), particularly given its characteristics as a low-market-cap DeFi token, involves several significant risks:
Prospective investors should conduct extensive due diligence and consider their risk tolerance before investing in AQUA.
The provided asset row offered a mix of specific numerical data and qualitative descriptions for Planet (AQUA). We were provided with the current price ($1.43), 24-hour change (+0.36%), market capitalization ($124.786K), 24-hour trading volume ($69.80), all-time high ($1,931.34), circulating supply (89,000 AQUA), and the maximum supply before burning (100,000 AQUA). Additionally, a detailed overview of the project's purpose, its operation on the Binance Smart Chain, and the role of the AQUA token was included.
However, several critical pieces of information were missing or not publicly confirmed. These include the asset's market rank, a specific 'as of' date for the provided metrics, detailed token distribution schedules (e.g., team, treasury, public sale percentages), specific contract addresses, comprehensive historical price data beyond the ATH, and information regarding team members or audit reports.
The absence of this data limits the confidence in a complete market analysis. Without a market rank, it's difficult to contextualize AQUA's position relative to the broader crypto market. The lack of detailed token distribution makes it challenging to assess potential selling pressure or decentralization. Furthermore, the absence of specific contract addresses prevents direct on-chain verification of supply and transactions, which is crucial for a DeFi asset.
To enhance confidence and provide a more robust analysis, the following should be verified next: the official Planet Finance website for whitepapers, team information, and audit reports; blockchain explorers (like BscScan) to confirm contract addresses and on-chain token distribution; and reputable crypto data aggregators for more comprehensive historical price and volume data.
Enter an amount to see its value in USD:
AQUA = $1.43 USD
Note: This calculator uses the current price of $1.43 and is for illustrative purposes only. Real-time prices may vary.
Planet (AQUA) is a DeFi protocol on the Binance Smart Chain, aiming to offer high yields through its suite of applications. AQUA serves as its governance token, earned by users contributing capital to the platform. With a current price of $1.43 and a market cap of $124.786K, AQUA is a micro-cap asset characterized by extremely low trading volume ($69.80 in 24h), indicating high illiquidity and potential volatility. Its all-time high of $1,931.34 highlights a significant price correction. The tokenomics include an initial maximum supply of 100,000 AQUA with a burning mechanism designed to manage scarcity. Investors should be aware of the substantial risks associated with low-liquidity, low-market-cap assets, including smart contract vulnerabilities and market manipulation.
Assets often considered similar to Planet (AQUA) are typically identified based on shared characteristics such as market capitalization, sector (e.g., DeFi), or underlying blockchain. Based on market capitalization, the provided information suggests comparables include:
While these assets may share a similar market valuation, a deeper analysis would be required to determine true comparability in terms of utility, technology, community, and long-term potential. Investors should research each asset independently to understand its unique value proposition and risks.