Cryptocurrency Q&A
What is the supply of Loka coins?
What is the supply of Loka coins?
CosmicDream
Wed Aug 21 2024
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7 answers
1719
Could you please clarify for me the total supply of Loka coins currently in circulation? I'm interested in understanding the scarcity factor of this cryptocurrency and how it may impact its value over time. Is there a set maximum cap on the number of Loka coins that can ever be mined, or is the supply subject to change based on certain conditions or algorithms? Additionally, is there any information about the distribution of Loka coins during the initial coin offering (ICO) or any subsequent airdrops or token sales?
7 answers
EthereumEagleGuard
Fri Aug 23 2024
LOKA, a cryptocurrency, boasts a robust presence in the digital asset landscape with a significant circulating supply. As of current market conditions, LOKA has a circulating supply of 114.92 million coins, indicating its widespread availability and adoption.
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GliderPulse
Fri Aug 23 2024
This impressive figure underscores the growing interest and demand for LOKA among cryptocurrency enthusiasts and investors. The circulating supply represents the total number of LOKA coins that are currently in circulation and actively traded on various exchanges and platforms.
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Riccardo
Fri Aug 23 2024
In addition to its circulating supply, LOKA also has a defined maximum supply, which is crucial for understanding the potential future value and scarcity of the asset. The maximum supply of LOKA is capped at 208.08 million coins, ensuring that the total quantity of LOKA in existence remains finite.
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CryptoTamer
Fri Aug 23 2024
This fixed maximum supply is a common characteristic among cryptocurrencies, as it helps to maintain scarcity and potentially drives up the value of the asset over time. By limiting the total number of LOKA coins that can ever be created, the protocol aims to prevent inflation and maintain the integrity of the network.
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Carlo
Thu Aug 22 2024
As the demand for LOKA continues to grow, the relationship between its circulating supply and maximum supply becomes increasingly important. If the demand for LOKA exceeds the available supply, it could lead to an increase in its market value, as buyers compete for the limited number of coins available.
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