Could you please elaborate on the concept of "Max ETH supply"? Is there a defined limit to the total number of
Ethereum tokens that can ever exist? Understanding the maximum supply is crucial for investors to assess the scarcity and potential long-term value of Ethereum. Does the current supply approach or exceed this theoretical limit? If so, what are the implications for the market and future price movements? Clarifying this fundamental aspect of Ethereum's economics would greatly aid in making informed investment decisions.
6 answers
Leonardo
Tue Jul 23 2024
However, one crucial difference between Bitcoin and Ethereum, another major cryptocurrency, lies in their supply mechanisms.
GeishaCharm
Tue Jul 23 2024
Cryptocurrencies have garnered significant attention in recent years, with Bitcoin being the most prominent among them.
Carolina
Mon Jul 22 2024
Bitcoin is characterized by a limited supply, with a finite number of coins that can be mined.
GliderPulse
Mon Jul 22 2024
In contrast, Ethereum has an infinite supply, which means that there is no upper limit to the number of coins that can be created.
Eleonora
Mon Jul 22 2024
This difference in supply mechanism has implications for the long-term value and potential of these two cryptocurrencies.