I'm curious about the long-term prospects of Ethereum and its underlying token, ETH. One aspect that often attracts investors to a
cryptocurrency is the scarcity factor, which is often tied to the maximum supply of the token. So, my question is, does ETH have a maximum supply that is predetermined or is it designed to have an infinite or variable supply over time? Understanding this could help me better evaluate the potential for long-term appreciation of ETH as an investment.
7 answers
Chiara
Tue Jul 30 2024
Cryptocurrency supply is a fundamental aspect of the digital asset ecosystem, determining its scarcity and potential value. It refers to the total quantity of coins that have been and can be created within the system.
Martino
Mon Jul 29 2024
Bitcoin, the first and most well-known cryptocurrency, has a unique feature in its supply model. Its supply is capped at 21 million coins, ensuring a finite and predictable supply over time.
Martino
Mon Jul 29 2024
Despite the difference in supply models, both Bitcoin and Ethereum have proven to be valuable assets in the cryptocurrency market. Their unique features and use cases have attracted a loyal base of investors and users.
CryptoAlchemy
Mon Jul 29 2024
This capped supply mechanism is designed to prevent inflation and maintain the value of Bitcoin as a store of wealth. As the demand for Bitcoin grows, the limited supply should theoretically drive up its price.
benjamin_cole_nurse
Mon Jul 29 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services to cater to the diverse needs of the cryptocurrency community. These services include spot trading, futures trading, and wallet services, among others.