KARMA price is $0.00548332
As of now, the current price for KARMA coin is $ 0.00548332. Please note that cryptocurrency prices are quite volatile and can change quickly in a very short time.
KARMA coin is a digital cryptocurrency that is built on the KARMA application. KARMA is a community of individuals who believe in helping each other. The idea behind the application is to use the blockchain technology to incentivize good actions that globally benefit others. Users earn KARMA by receiving upvotes on shared posts about doing good like volunteering, helping others, cleaning up the environment and more.
As per the information available, KARMA coin is a part of the KARMA social network application. The team or individual behind the creation of this coin has not been publicly disclosed, but it can be assumed that it's the same group who developed and maintain the KARMA app.
The KARMA coin operates on the principle of incentivizing good deeds. Users of the KARMA application earn KARMA coins by creating and sharing posts about good deeds they've performed. Every time a user's post gets an upvote, they earn a certain amount of KARMA coin. These coins can be utilized within the KARMA app or traded on an exchange.
What sets KARMA coin apart from most other cryptocurrencies is the intent and mechanism of its purpose. While most cryptocurrencies are created with financial gain in mind, the KARMA coin aims to create a more compassionate world by incentivizing acts of kindness. Its unique usage within the KARMA application to reward good deeds helps it stand out in the vast sea of cryptocurrencies.
The current circulating supply of KARMA coins is approximately 5.5B out of a maximum supply of 8.5B. The distribution of these coins is based on the activity within the KARMA application.
KARMA coin can be traded, bought, or sold on several cryptocurrency exchanges. The current availability of the coin can be found on the following exchanges: . Always ensure to trade on reliable and trusted exchanges for better security.
Like all cryptocurrencies, KARMA coins can be stored in a digital wallet. It is important to ensure that the wallet used to store your KARMA coins is secure, private and preferably non-custodial. Avoid giving your private keys to anyone as it might lead to loss of your funds. Always make sure to keep your wallet updated to the latest version.
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