What Is Foxy Tokenomics?

The tokenomics of the Foxy (FOXY) token, with a total supply of 10 billion tokens, are structured as follows:> Community Airdrops (MetaMask/Linea): 25% of the total supply is allocated to community airdrops, designed to incentivize participation and engagement within the network.> Seed Round: 15% is reserved for early investors who participated in the seed funding round.> Team and Support: 13% of the tokens are set aside for the development team and support staff.> Market Maker / CEX Liquidity: 10% is dedicated to ensuring liquidity on centralized exchanges through market makers.> Future CEX Listings: Another 10% is held in reserve for future listings on centralized exchanges.> Advisors: 6% is allocated to advisors contributing to the project’s strategy and growth.> Treasury: 6% goes into the project's treasury for future operational, developmental, and contingency needs.> Ecosystem Partner Rewards: 5% is earmarked for rewarding partners within the ecosystem.> OTC for Projects and Funds: 5% is intended for over-the-counter transactions facilitating strategic partnerships and project funding.> DEX Liquidity: The final 5% is allocated to decentralized exchange liquidity to facilitate trading and accessibility for users.This allocation strategy emphasizes community engagement, project development, liquidity, and strategic growth, underpinning the token's role in fostering a robust ecosystem on the Linea mainnet.

Is Foxy (FOXY) a Good Investment?

Investing in Foxy (FOXY) offers several potential advantages due to the Linea network's inherent benefits and the FOXY token's specific use cases. Here are some key points to consider:Linea Network’s Scalability and EfficiencyAs a Layer 2 solution, Linea enhances scalability and efficiency within the Ethereum ecosystem. It utilizes ZK rollups, which allow for fast transaction finalization and reduced transaction fees. This environment can potentially enhance the performance and utility of the FOXY token by facilitating quicker and cheaper transactions. Integration and Developer FriendlinessLinea is fully EVM-compatible, integrating seamlessly with the existing Ethereum ecosystem. This compatibility supports FOXY's broader adoption and utility by allowing developers to easily create and integrate applications that use or support the FOXY token. Community and Ecosystem EngagementThe FOXY tokenomics include a significant allocation for community airdrops and ecosystem rewards to Linea and MetaMask users, which could drive user engagement and foster a vibrant community. This community-focused approach might increase the FOXY token value as more users participate and invest in the ecosystem. Security and InnovationLinea’s architecture leverages cutting-edge technologies like zk-SNARKs to enhance security and privacy. This robust security framework could attract more users and developers to the platform, benefiting all tokens on the network, including FOXY. Potential for High EngagementWith incentives for participation (like community airdrops) and rewards embedded in its tokenomics, FOXY could see a high level of engagement from users, which typically contributes positively to the value and stability of a cryptocurrency.

What Is Foxy Price Prediction?

Although we cannot offer a reliable FOXY crypto price prediction over any timeframe, monitoring the following factors could help you understand the price changes in the $FOXY token: FOXY’s Market Demand and Trading VolumeThe activity level on decentralized exchanges where FOXY is traded, such as Orca, Meteora, and Jupiter, plays a crucial role. Higher trading volumes can increase liquidity and price stability, whereas lower volumes may increase volatility. Overall Market ConditionsLike other cryptocurrencies, the $FOXY price is influenced by the broader market dynamics. If the overall crypto market is experiencing a downturn, the FOXY token price will likely be affected negatively, and vice versa.Linea Network Adoption and Utilization Since FOXY operates on the Linea network, the adoption rate of the Linea platform and its applications directly impacts FOXY's demand. As more dApps are launched and used on Linea, there could be an increase in the demand for FOXY, potentially driving up the FOXY coin price. Future Developments in the Linea Ecosystem and Foxy RoadmapDevelopments and upgrades within the Linea network, such as enhancements in scalability and security (thanks to zkEVM technology), might attract more users and developers to the platform, increasing the usage and demand for FOXY and supporting the FOXY crypto price. Speculation and Investor SentimentInvestor perception, driven by news, technological developments, or market trends, can also significantly impact FOXY's price. Positive news about Linea's growth or technological achievements might lead to bullish investor sentiment, while negative news could have the opposite effect.

How to Buy Foxy (FOXY)

Price of Foxy (24h)$0.0124652304053252

4.62%

Real-Time FOXY Rate Converter

Interested in buying Foxy (FOXY) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Foxy (FOXY) instantly wherever you are! Check out all the ways you can buy FOXY on KuCoin.

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Create Your Free KuCoin Account

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Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Foxy (FOXY)

Use a variety of payment options to buy Foxy on KuCoin. We'll show you how.

Choose How You Want to Buy Foxy on KuCoin

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Buy Foxy (FOXY) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Foxy (FOXY). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Foxy (FOXY) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Foxy (FOXY).

Tip: KuCoin offers a variety of order types to buy Foxy (FOXY) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Foxy (FOXY) in your Trading Account.

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How to Store Foxy (FOXY)

The best way to store Foxy (FOXY) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Foxy (FOXY).

Store Foxy in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Foxy in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Foxy (FOXY) to a non-custodial wallet. Storing Foxy (FOXY) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Foxy (FOXY) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Foxy (FOXY).

What Can You Do with Foxy (FOXY) on KuCoin?

Hold

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FAQ

Is Dovi (DOVI) a Good Investment?

Here are some reasons why you could consider adding DOVI Ordinals to your crypto portfolio:

Community-Driven BTC L2

Dovi is designed to improve the scalability of the Bitcoin network. By functioning as a second-layer solution, it can process transactions more efficiently, which is crucial for handling increased user traffic and activity.

Reduce Bitcoin Transaction Fees

One of the significant challenges with the main Bitcoin blockchain is the high transaction fees, especially during peak times. Dovi aims to significantly reduce these fees, making transactions more economical.

Advanced Security Features

With the integration of Schnorr Signatures, Dovi enhances the security of Bitcoin transactions. This decentralized multi-signature approach is more efficient and discreet, optimizing block space and reducing transaction sizes.

EVM Compatibility and Smart Contract Support

Dovi's EVM compatibility allows for the deployment of Ethereum-designed smart contracts on the Bitcoin network. This opens up new possibilities for dApp s and DeFi solutions on Bitcoin.

Supports ARC20 and BRC20 Tokens

The platform supports various asset types, including BRC20 and ARC20 tokens. This multi-asset support enables fast and secure cross-chain asset transfers, broadening the scope of asset management on the Bitcoin network.

Potential for Growth and Innovation

As a Layer 2 solution, Dovi is positioned at the forefront of blockchain innovation. Investors in Dovi may benefit from the platform's potential growth and development, especially as the demand for scalable and efficient blockchain solutions increases.

What Is Dovi Price Prediction?

Despite the volatile nature of the crypto market making it challenging to offer a reliable DOVI crypto price prediction, you could assess the following factors to understand price trends in the DOVI coin:

Market Demand and Supply of DOVI Coins

The basic economic principle of demand and supply significantly impacts the price of DOVI tokens. The price will likely increase if the demand for DOVI tokens increases (for instance, due to increased adoption or positive news). Conversely, if the supply exceeds demand, the $DOVI price may fall.

Future Developments in the Dovi L2 Roadmap

Any significant updates, improvements, or technological advancements in the Dovi platform can positively influence the DOVI token price. Investors often see these developments as indicators of the project's long-term viability.

Partnership Announcements by the Dovi Team

Announcements about new partnerships, collaborations, or support from significant crypto or tech industry players can boost investor confidence and, consequently, the DOVI crypto price.

Level of Adoption of Dovi Network

The extent to which DOVI tokens are adopted for real-world applications, especially in DeFi and other blockchain-based solutions, can significantly impact the DOVI token value.

Crypto Market Sentiment

Cryptocurrency prices are often correlated. If the broader crypto market is bullish, individual cryptocurrencies, including DOVI, usually follow suit. Similarly, a bearish market trend can negatively impact DOVI's price.

Who Are Dovi Layer-2 Network’s Partners?

As of December 2023, Dovi L2 has partnered with KuCoin Labs, OKX, and Coinmarketcap. The number of partnerships could increase as the project gains traction within the crypto community.

Foxy (FOXY) Price Analysis

Live Price

The live price of FOXY is 0.0128835 USD, representing a decrease of -0.37% in the past 7 days and 4.62% increase in the past 24 hours.

Historical Trends

The all-time high of FOXY was 0.0248543 USD on 04-12, 2024, from which the coin is now down -48.16%.
The all-time low of FOXY was 0.0106841 USD, from which the coin is now up 17.07%.

ATL$ 0.0106841

ATH$ 0.0248543

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Disclaimer

Given the nature of the crypto market, the price of Foxy (FOXY) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.