Tokenomics refers to the study of the economic principles behind cryptocurrency tokens. It encompasses how tokens are created, distributed, and utilized within a blockchain ecosystem. Key factors include supply, demand, and the incentives for users to hold or trade tokens, which can influence their value and utility. Understanding Tokenomics is essential for investors and developers alike, as it helps assess the potential success of a cryptocurrency project. By analyzing aspects like token distribution, governance, and use cases, stakeholders can make informed decisions about participation and investment in the blockchain space.