What is the max supply of iExec RLC?

In the world of cryptocurrency, supply and demand are key factors that can influence the value of a token. By understanding the supply structure of RLC, investors can gain insights into the potential for price appreciation and make more informed decisions about whether to buy, sell, or hold the token.

RLC, or iExec RLC, is a cryptocurrency with a specific supply structure. Its circulating supply, which refers to the total number of coins currently in circulation and available for trading, stands at 72.38 million coins. This figure represents the portion of RLC tokens that have already been mined, distributed, and are actively circulating in the market.

BTCC, a UK-based cryptocurrency exchange, offers a range of services to its users. Among these services is the ability to trade RLC and other cryptocurrencies in the form of spot trading, which allows users to buy and sell tokens at the current market price. Additionally, BTCC also provides access to futures trading, which allows users to speculate on the future price of RLC and other tokens.

In contrast, the max supply of RLC is set at 87 million coins. The max supply represents the total number of RLC tokens that will ever be created and available for use. It serves as a cap on the total amount of RLC that can exist, helping to maintain scarcity and potentially influencing the value of the token over time.

RLC's supply structure is an important aspect of its market dynamics. The relationship between the circulating supply and max supply can impact the token's price, as a limited max supply can create a sense of scarcity and potentially drive up demand. Additionally, the fact that the circulating supply is lower than the max supply indicates that there is still room for more RLC to enter the market, which could influence investors' perceptions of the token's potential growth.