Eps Coin: A Smart Investment Choice?

Ellipsis (EPS) is an automated market maker (AMM) and a decentralised exchange (DEX) token operating on the BNB Smart Chain (BEP20) platform. It was launched in March 2021 and has a maximum supply of one billion tokens. As of August 2024, the circulating supply of EPS coins was 723,701,572, with a market cap of $17,701,443. The live price of EPS is $0.024460, with a 24-hour trading volume of $1,168.30.

EPS is a non-custodial platform, meaning its developers do not have access to users' tokens. It employs smart contracts and a multi-sig mechanism, which requires multiple company members to sign off on any action or transaction, preventing a single entity from performing malicious actions.

When considering whether EPS is a good investment, it is worth noting that its price has experienced significant volatility. In August 2024, EPS was valued at 99.88% below its all-time high of $21.29. Additionally, some users have expressed concerns about the project creator selling all their coins. However, others believe that EPS could be a good investment opportunity, especially if exchanges promote it.

Ellipsis (EPS) is an automated market maker (AMM)

AMMs are decentralised exchanges that use algorithmic "money robots" to make it easy for individual traders to buy and sell crypto assets. They are the underlying protocol that powers all decentralised exchanges (DEXs). DEXs help users exchange cryptocurrencies by connecting them directly, without an intermediary. In other words, they are autonomous trading mechanisms that eliminate the need for centralised exchanges and related market-making techniques.

AMMs use smart contracts – self-executing computer programs – to define the price of digital assets and provide liquidity. These smart contracts are often called liquidity pools. Liquidity providers (LPs) add funds to liquidity pools, and in return, they earn fees from the trades that happen in their pool. Anyone can become a liquidity provider as long as they meet the requirements programmed into the smart contract.

AMMs have become extremely popular, providing deep liquidity for a wide range of digital tokens. They are simple and easy to use, and decentralising market- making in this way is intrinsic to the vision of crypto.

EPS is a cryptocurrency token on the BNB Smart Chain (BEP20) platform

Ellipsis (EPS) is a cryptocurrency token on the BNB Smart Chain (BEP20) platform. It is an automated market maker (AMM) that allows users to trade between different decentralised protocols without the intervention of a third party to set the price of an asset. In other words, it is a tool that supplies liquidity (token pool) in decentralised finance (DeFi).

Forked out of Curve Finance, Ellipsis aims to offer its services at a low slippage price compared to other AMM solutions. Ellipsis smart contracts on the Binance Smart Chain employ a safe multi-sig mechanism. This means that multiple company members must sign off on any action or transaction on the platform, preventing a single entity from performing a malicious action within the protocol.

The maximum supply of EPS tokens is one billion, with a current circulating supply of 723,701,572 EPS coins. The live price of Ellipsis is $0.024460 USD, with a 24-hour trading volume of $1,168.30 USD. The last known price of Ellipsis is $0.03916169 USD, and it is currently trading on 56 active markets. The current market cap of Ellipsis is $17,701,443 USD, and it is ranked #817 by CoinMarketCap.

Ellipsis has seen significant volatility, with its price ranging from $0.0264 to an all-time high of $21.29. While some investors express optimism about its potential for growth, others are cautious due to its history of volatility and the project creator selling their coins.

As with any investment, it is important to carefully consider the risks and potential rewards before deciding whether to invest in Ellipsis (EPS).

EPS has a circulating supply of 723,701,572 coins

Ellipsis (EPS) is an automated market maker (AMM) that allows users to trade between decentralised protocols without the intervention of a third party to set the price of an asset. It was launched in March 2021 and has a maximum supply cap of one billion tokens.

As of July 2024, the circulating supply of EPS tokens is 723.70 million. This figure represents the number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market. The circulating supply of a cryptocurrency is calculated by multiplying the asset's circulating supply by its current price to determine its market cap.

The circulating supply of EPS tokens is an important factor to consider when evaluating the potential investment prospects of the Ellipsis cryptocurrency. A higher circulating supply can indicate greater liquidity and market interest in the token, which can influence its price and potential for future growth.

As of July 2024, the market cap of Ellipsis is $19.14 million to $19.15 million, indicating that the asset is highly valued by the market. The 24-hour trading volume of Ellipsis is approximately $1,100 to $500, with the price per token at $0.0264 to $0.0265. This information can be used to assess the liquidity, demand, and stability of the token, which are crucial factors when considering any investment.

EPS is not tradable on Coinbase

Ellipsis (EPS) is not tradable on Coinbase. Ellipsis is an automated market maker (AMM), allowing users and other decentralised protocols to trade between different AMMs. AMM is a tool used to supply liquidity (token pool) in decentralised finance (DeFi) without the intervention of a third party to set the price of an asset. Ellipsis aims to offer its services at a low slippage price compared to other AMM solutions.

The maximum supply of EPS tokens is one billion. The current market cap of Ellipsis is $19.14 million, implying that the asset is highly valued by the market. The all-time high of Ellipsis is $21.29, which is the highest price paid for Ellipsis since its launch. The current circulating supply of Ellipsis is 724 million.

Although Ellipsis is not tradable on Coinbase, it is available on the Coinbase wallet. It is important to note that Coinbase is not responsible for any content prepared by third parties and is not liable for any errors or delays in content or for any actions taken based on that content.

EPS can be traded on PancakeSwap v2 (BSC), MDEX (BSC), and PancakeSwap

Ellipsis (EPS) is an automated market maker (AMM) that allows users to trade between decentralised protocols without third-party intervention in setting asset prices. It is forked out of Curve Finance, and aims to offer its services at a low slippage price compared to other AMM solutions.

LP token holders can also engage in yield farming to earn CAKE, the exchange's utility token. CAKE can be staked in 'Syrup Pools' with flexible or fixed-term staking options. Flexible staking allows users to unstake at any time, while fixed-term staking maximises yield and locks up tokens for up to 52 weeks.

PancakeSwap v2 also offers a lottery, an NFT marketplace, and a perpetual trading exchange in partnership with ApolloX, offering futures trading of several popular token pairs without an expiry date. The exchange was launched in September 2020 and has anonymous founders, known as "Chefs", who head a two-dozen-strong anonymous team working in the exchange's "Kitchen".

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