What is Fimarkcoin (FMC)?

By CMC AI
24 July 2025 06:50AM (UTC+0)

TLDR

Fimarkcoin (FMC) is a TRC20 token powering FMCPAY Exchange’s payment ecosystem, targeting travel services and transaction fee co-payments with a 128B supply and high holder concentration.

  1. Travel-focused utility – Used for hotel bookings, flights, and exchange fees.

  2. Centralization risks – Top 10 holders control 98.8% of supply.

  3. Volatile performance – Down 48.8% in 30 days amid broader altcoin weakness.


Deep Dive

1. Purpose & Value Proposition

FMC aims to streamline payments in travel and decentralized finance, partnering with platforms like Heyotrip for hotel/flight bookings. Its self-described “sharding technology” claims to enhance scalability, though technical specifics are sparse.

The token incentivizes FMCPAY Exchange usage:
- Fee discounts: Pay transaction fees with FMC.
- Staking rewards: Historical offers up to 24% APY (last event in 2022; current terms unclear).
- Ecosystem growth: FMCPAY reached 2M KYC users by October 2024 (FMCPAY).

2. Tokenomics & Governance

  • Supply: 128.3B total, 25.8B circulating (20% of total).
  • Allocation: 28.5% team, 19% investors, 32.4% ecosystem fund – raising concerns about inflationary pressure.
  • Holder concentration: Top 10 addresses hold 98.8% of supply, signaling centralization risks (CoinMarketCap).

Price fell 48.8% in 30 days (to $0.00136) as of July 2025, underperforming a +16.9% crypto market.

3. Pros & Cons

Strengths:
- Niche use case in travel payments.
- Exchange-backed utility (FMCPAY fees, staking).

Risks:
- Extreme supply concentration.
- Self-reported $35M market cap lacks third-party audit.
- TRC20 dependency ties performance to Tron’s network adoption.


Conclusion

FMC’s travel-sector focus and exchange integration offer niche utility, but extreme holder concentration and unverified metrics demand caution. Can FMCPAY’s user growth (2M KYC) translate into sustainable FMC demand, or will supply inflation and centralization limit upside?

CMC AI can make mistakes. Not financial advice.