What is 589 (589)

Start learning about what is 589 through guides, tokenomics, trading information, and more.
The project at 589onxrpl.com centers around the $589 token, a community-driven cryptocurrency on the XRP Ledger (XRPL). This token draws inspiration from a notable prediction within the XRP community that XRP's value would reach $589, symbolizing optimism and ambition in the crypto space. Following initial mismanagement by its original developers, the community initiated a Community Takeover (CTO) to revitalize and steer the project transparently. Now, decisions are collectively made by token holders, emphasizing the strength of a united community. The project boasts significant trading volumes on platforms like First Ledger and a growing base of holders, aiming to transform the meme into a meaningful movement
Tokenomics describes the economic model of 589 (589), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
589 TokenomicsPro Tip: Understanding 589's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for 589 aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of 589? Check it out now!
589 Price PredictionThe information on this page regarding 589 (589) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
Discover the most popular and influential tokens on the market
View tokens actively traded on MEXC
Stay ahead with the latest tokens freshly listed on MEXC
Trade tokens that are making the biggest moves in the last 24 hours