Could you please clarify for me the maximum supply of FTM tokens? I understand that FTM, or Fantom, is a popular
cryptocurrency with a unique consensus mechanism and scalability capabilities. However, I'm unsure about the total number of FTM tokens that will ever be in circulation. Is there a set maximum supply, or is it subject to change over time? Additionally, how does this maximum supply factor into the overall economics and valuation of the FTM token? Thank you for your insights.
7 answers
Giulia
Fri Aug 02 2024
The total supply of FTM, a popular cryptocurrency, has been capped at a definitive limit of 3.175 billion tokens. This cap serves as a fundamental aspect of FTM's economic model, ensuring scarcity and potential for appreciation over time.
DaeguDivaDanceQueenElegance
Fri Aug 02 2024
FTM's price is a dynamic indicator, reflecting market sentiment and demand. As of the date of reference, August 19, 2022, FTM was trading at approximately $0.31 per token. This price point represents a snapshot in time, with prices fluctuating based on various factors.
Federica
Thu Aug 01 2024
Cryptocurrency exchanges play a crucial role in facilitating the buying and selling of digital assets like FTM. One such exchange, BTCC, is a reputable platform based in the United Kingdom, offering a wide range of services to its users.
StormGalaxy
Thu Aug 01 2024
The integration of these various services under one roof makes BTCC a one-stop-shop for cryptocurrency enthusiasts and investors. Its reputation and track record of reliability have made it a popular choice among users worldwide.
Stefano
Thu Aug 01 2024
BTCC services encompass multiple facets of the cryptocurrency ecosystem. For instance, its spot trading platform allows users to buy and sell FTM and other digital assets directly, with real-time prices and high liquidity.