Cryptocurrency Q&A
What is the total supply max supply?
What is the total supply max supply?
Tommaso
Sun Aug 11 2024
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5 answers
1037
Excuse me, could you please clarify something for me? I'm trying to understand the specifics of this cryptocurrency project, and I'm a bit confused about the total supply and the maximum supply. Could you please explain what exactly these terms mean in the context of this project? Specifically, what is the total amount of coins that will ever be in circulation, and is there a maximum limit to that number? I'd appreciate your insights on this matter.
5 answers
Martina
Tue Aug 13 2024
The concept of Total Supply in the realm of cryptocurrency refers to the aggregate quantity of coins that are currently in circulation, excluding those that have been officially destroyed or removed from the system through a verifiable process known as 'burning'.
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Raffaele
Mon Aug 12 2024
BTCC, a reputable cryptocurrency exchange headquartered in the United Kingdom, offers a comprehensive suite of services tailored to the needs of digital asset enthusiasts. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, enabling investors to speculate on the future value of coins.
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WindRider
Mon Aug 12 2024
This metric provides a snapshot of the overall availability of the digital asset at a given point in time, influencing factors such as market capitalization and liquidity.
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Stefano
Mon Aug 12 2024
Conversely, Max Supply represents an estimation of the ultimate limit to the number of coins that will ever be created within the cryptocurrency's lifespan.
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EmeraldPulse
Mon Aug 12 2024
It serves as a benchmark for investors to understand the potential scarcity or abundance of the asset over time, which can have implications for its value appreciation.
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