Current Price and Performance
FIDA Price: $0.2687
Change: -0.33%
Token Unlock and Inflation
100% Token Unlock: No inflation expected.
Best Time to Buy: According to Cryptorank, the best months to buy FIDA are January, February, and March.
January Average: +13.3%
February Average: +42.1%
March Average: +14.3%
Market Circulation and Inflation Concerns
Many tokens in the market are not fully circulated, leading to potential inflation.
Example: $OSMO has 70% of its tokens in circulation, with 30% yet to be unlocked.
Example: $BIO has only 30% of its tokens in circulation, with 70% still to be unlocked.
Bullish Factors for FIDA
Ticker Change: FIDA will change its ticker to SNS (Solana Name Service).
Solana ETF Approval: Approval of the Solana ETF will bring significant capital flow to FIDA.