Cryptocurrency Q&A
What is the max supply of near token?
What is the max supply of near token?
NebulaPulse
Tue Jul 30 2024
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7 answers
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Could you please elaborate on the maximum supply of the NEAR token? I'm interested in understanding the total number of NEAR tokens that will ever be in circulation. Is there a specific cap or limit to the amount of NEAR tokens that can be created, or is the supply dynamic and subject to change? Understanding the maximum supply is crucial for assessing the potential scarcity and value of the token in the long run.
7 answers
TimeRippleOcean
Thu Aug 01 2024
NEAR is a cryptocurrency that has garnered significant attention in the blockchain space due to its unique features and potential for growth. It has a defined supply structure, which is an essential aspect of any digital asset.
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CryptoAce
Thu Aug 01 2024
The circulating supply of NEAR tokens is currently at 1.09 billion, indicating a substantial amount of the total tokens are already in circulation and actively traded.
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Nicola
Thu Aug 01 2024
In contrast, the max supply of NEAR is set at 1.18 billion. This maximum limit ensures that the token's scarcity will increase over time, potentially driving up its value.
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Nicola
Wed Jul 31 2024
The balance between the circulating and max supply of NEAR is crucial for maintaining the stability and sustainability of the cryptocurrency. It prevents excessive inflation and ensures that the token retains its value over the long term.
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CryptoAce
Wed Jul 31 2024
For investors and traders interested in NEAR, understanding its supply structure is essential for making informed decisions. By knowing the circulating and max supply, they can better assess the token's potential for growth and its overall value.
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