Could you elaborate on the concept of maximum supply in the context of cryptocurrencies? Specifically, I'm interested in understanding the upper limit of coins or tokens that can be created or mined within a given cryptocurrency's ecosystem. Does this vary from one crypto to another? Are there any well-known examples of cryptocurrencies with fixed or unlimited maximum supplies? Furthermore, how does the max supply factor into a crypto's price, market capitalization, and overall value proposition? Any insights you could provide would be greatly appreciated.
7 answers
Giulia
Sun Jun 30 2024
This metric provides a comprehensive overview of the coin's overall availability.
BenjaminMoore
Sun Jun 30 2024
Cryptocurrency supply encompasses a range of considerations, one of which is the total supply.
JejuSunshine
Sun Jun 30 2024
For mineable coins, such as Bitcoin, once the maximum supply is reached, the generation of additional coins ceases.
HanbokGlamourQueenElegance
Sun Jun 30 2024
This is due to the fixed nature of Bitcoin's supply, which is capped at 21 million BTC.
MysterylitRapture
Sun Jun 30 2024
However, when discussing total supply, it is important to note that burned tokens are typically excluded.