Price Data
Analysis
Trade
Market Cap
All-Time High
All-Time Low
Fully Diluted Valuation
Circulating Supply
Total Supply
Max Supply
Categories
Introduction to Juno Cryptocurrency
Juno is a rapidly growing, community-owned, sovereign blockchain that is part of the Cosmos ecosystem. It focuses on facilitating interoperable smart contracts and smart contract deployment, allowing developers to securely launch smart contracts in various languages in a streamlined way. JUNO tokens power all transactions on the blockchain and serve as the governance token of the Juno Network.
Juno Blockchain and Its Vision
Juno blockchain was created using Cosmos SDK and positions itself as a global permissionless network optimally catered to decentralized applications. It achieves this level of integration and enhanced functionality through CosmWasm, aiming to increase the adoption and development of CosmWasm by pioneering its use.
The Juno Network's vision is to become the "Interchain Incubator," providing an efficient turn-key environment for launching and iterating projects in the Interchain ecosystem. Juno's model seeks to reduce typically bottlenecked Layer-1s and improve scalability and efficiency without reducing network security, choosing CosmWasm and Rust for their security advantages over Solidity.
Juno's Ecosystem and Governance
The Juno team has built an ecosystem that currently hosts more than 50 decentralized applications and thousands of decentralized autonomous organizations (DAOs). Juno's on-chain governance is handled through the DAO, and all JUNO holders have voting rights to any proposals and upgrades.
Key Initiatives in Juno Evolution
In order to establish Juno as one of the most powerful Layer 1 platforms, the Juno Evolution project focuses on several key initiatives:
- Mesh Security: Designed to maximize security and align economic incentives with other L1 blockchains, this initiative will enhance Juno's overall security while fostering collaboration and a seamless flow of economic value within the Interchain.
- Governance Advancement: By leveraging DAO DAO's flexibility, Juno aims to establish itself as the leading Interchain DAO, enhancing adaptability, collaboration, and resource efficiency for the ecosystem.
- Technical Roadmap: Emphasizing performance, scalability, and throughput improvements, this initiative will solidify Juno as the premier platform for launching projects.
Team Background
The Juno project is powered by a diverse and innovative team of developers and contributors who are well-versed in the blockchain space. By leveraging their expertise in Cosmos SDK, Rust, and smart contract development, they have created an advanced ecosystem that offers a reliable and efficient platform for decentralized applications and DAOs. The team's determination to create a global permissionless network and their ongoing collaboration with other Layer 1 platforms has contributed to Juno's rapid growth and its influential position among the Cosmos ecosystem.
Future Plans for Juno Network and JUNO Token
The Juno Network plans to focus on growing its ecosystem by achieving cross-functionality with multiple DeFi products. By allowing individuals to stake tokens and receive various reward tokens from other chains and ecosystems, Juno aims to become a game-changer in the world of decentralized applications and DAOs.
JUNO Price Analysis
As of October 16 2024 JUNO has a marketcap of $7.1M. This is {{percentagefromath}} from its all time high of $45.74. In terms of its tokenomics, there's a total supply of 106M with 75% currently outstanding. Keep in mind JUNO has a fully diluted value of $9.4M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
JUNO Markets
Exchange | Pair | 24h volume |
---|---|---|
No data |