Convert and Swap Gummy Bull Token GUMMY to United States Dollar USD
GUMMY/USD: 1 Gummy Bull Token equals $0.00 USD
Gummy Bull Token (GUMMY) is not tradable on Coinbase.
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Last update: 6:59 PM, February 5, 2025
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Gummy Bull Token is falling this week.
The current price of Gummy Bull Token is $0.00 per GUMMY. With a circulating supply of 0 GUMMY, it means that Gummy Bull Token has a total market cap of $0.00. The amount of Gummy Bull Token traded has fallen by $0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, $0.00 worth of GUMMY has been traded.
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About Gummy Bull Token
Gummy Bull Token, also known as GUMMY, is a digital asset that operates on the Binance Smart Chain (BSC). It serves as the primary token for the GummyBull platform, a lottery-based gaming platform that aims to provide a fun, social, and exclusive gaming experience. GUMMY is used as the main currency for participating in various games on the platform, including the Gummy Lottery and the Flavor Teams. The token has a total and maximum supply of 100 million tokens. A unique feature of GUMMY is that a 5% fee is applied on each transaction, which is divided among the Gummy Pot, a burn mechanism, and the team.
GUMMY operates on a unique transaction fee structure. For every transaction, a 5% fee is applied, which is then divided into three parts. 3% of the fee goes to the Gummy Pot, 1.5% is burnt, and the remaining 0.5% goes to the team. This mechanism aims to maintain the token's value and incentivize participation in the platform's games. The burning mechanism, which destroys 1.5% of the transacted amount, is designed to reduce the total supply of GUMMY over time, potentially increasing its value. The Gummy Pot, on the other hand, is a pool of funds that is likely used to finance the platform's games and rewards.
GUMMY's primary use case is as a currency for participating in the games offered on the GummyBull platform. Users can use GUMMY to enter the Gummy Lottery and join the Flavor Teams, among other games. The token's unique transaction fee structure, which includes a burning mechanism, also makes it a potential tool for value preservation and growth. As more tokens are burnt, the total supply of GUMMY decreases, which could lead to an increase in its value. Furthermore, the Gummy Pot, which receives a portion of each transaction fee, could be used to fund rewards and incentives for players, further enhancing the token's utility within the GummyBull ecosystem.
GUMMY was created as the native token for the GummyBull platform, a lottery-based gaming platform on the Binance Smart Chain. The platform aims to become the largest social gaming protocol on the BSC. The GUMMY token was designed with a unique transaction fee structure to incentivize participation in the platform's games and potentially increase its value over time. The token has a total and maximum supply of 100 million tokens. Since its inception, GUMMY has been used as the main currency for participating in various games on the GummyBull platform, including the Gummy Lottery and the Flavor Teams.
How Gummy Bull Token and United States Dollar differ
Gummy Bull Token (GUMMY) and the US Dollar (USD) are fundamentally different in their nature and functionality. GUMMY is a digital asset that operates on the Binance Smart Chain, serving as the primary token for the GummyBull platform, a lottery-based gaming platform. It is used as the main currency for participating in various games on the platform, with a unique transaction fee structure that aims to maintain the token's value and incentivize participation. On the other hand, the USD is a traditional fiat currency, issued and regulated by the US government, used for a wide range of transactions and recognized globally. Unlike GUMMY, the USD does not have a maximum supply limit and is not subject to transaction fees that contribute to a burn mechanism or a reward pool. Furthermore, while GUMMY's value can potentially increase over time due to its burning mechanism, the USD is subject to inflation, which can decrease its purchasing power over time. Lastly, while the USD is widely accepted for transactions, GUMMY's use is primarily within the GummyBull platform.
Frequently asked questions
How much is 1 Gummy Bull Token in USD?
Right now, we do not have enough price data to estimate how much 1 Gummy Bull Token is in USD. Check back again soon.
How can I buy 1 Gummy Bull Token on Coinbase?
Gummy Bull Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gummy Bull Token.
What are assets similar to Gummy Bull Token that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Gummy Bull Token, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Gummy Bull Token.
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The exchange rate of Gummy Bull Token is increasing.
The current value of 1 GUMMY is $0.00 USD. In other words, to buy 5 Gummy Bull Token, it would cost you $0.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 GUMMY while $50.00 USD would convert to 50.00 GUMMY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 100%. Meanwhile, in the last 24 hours, the rate has changed by 100%, which means that the the highest exchange rate of 1 GUMMY to United States Dollar was $0.00 USD and the lowest 24 hour value was 1 GUMMY for $∞ USD. This time last month, the value of 1 GUMMY was $0.00 USD, which is a 100% decrease from where it is now. Looking back a year, Gummy Bull Token has changed by $0.00 USD.
GUMMY to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
$0.00 USD | 100.00% | $0.00 USD | 100.00% | $0.00 USD | 100.00% | $0.00 USD | 100.00% |
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