Cryptocurrency Q&A
What is the maximum circulating supply of XRP?
What is the maximum circulating supply of XRP?
Eleonora
Wed Jul 03 2024
|
6 answers
1590
Inquiring minds want to know: what is the definitive upper limit on the circulating supply of XRP? This digital asset, having gained significant traction in the crypto sphere, has piqued the interest of investors and enthusiasts alike. With the fluctuating value of cryptocurrencies being heavily influenced by supply and demand, understanding the maximum circulating supply of XRP becomes crucial. Could you elaborate on this aspect, highlighting any potential factors that may impact this figure?
Previous
Did Coinbase boost investor interest in crypto startups last year?
Next
What does Dov mean in Yiddish?
6 answers
Riccardo
Fri Jul 05 2024
XRP, unlike the majority of cryptocurrencies, follows a unique distribution model.
Was this helpful?
224
96
Thunderbolt
Thu Jul 04 2024
Rather than being mined through computational power, XRP is pre-mined.
Was this helpful?
394
57
Skywalker
Thu Jul 04 2024
Pre-mining also allows for faster distribution and adoption of the cryptocurrency.
Was this helpful?
129
53
Daniele
Thu Jul 04 2024
This means that the total number of XRP tokens that will ever exist is fixed.
Was this helpful?
203
65
Valeria
Thu Jul 04 2024
Specifically, the maximum supply of XRP is capped at 100 billion tokens.
Was this helpful?
300
38
Load 5 more related questions
