Could you please clarify for me, what is the maximum supply of MeowCoin that will ever be in circulation? Is there a specific cap on the total number of coins that will be mined or issued, or does the supply have the potential to grow indefinitely? Understanding the maximum supply is crucial in assessing the potential value and scarcity of the cryptocurrency, so I'd appreciate any insight you can provide.
7 answers
Dario
Wed Aug 28 2024
The total supply of this cryptocurrency stands at an impressive figure of 290,334,0557 units. This number represents the total amount of coins/tokens that have been minted or issued into circulation up to this point.
BusanBeautyBloom
Tue Aug 27 2024
In addition to the total and maximum supply, other factors such as market sentiment, adoption, and regulatory environment can also play a role in determining a cryptocurrency's value.
Valentino
Tue Aug 27 2024
The maximum supply, on the other hand, is set at 21,000,000,000 units. This cap serves as an upper limit on the total number of coins/tokens that can ever be created, ensuring scarcity and potentially driving up demand.
Ilaria
Tue Aug 27 2024
BTCC is a leading
cryptocurrency exchange that offers a range of services to traders and investors. Among its offerings are spot and futures trading, as well as a wallet service that allows users to store and manage their digital assets securely.
Riccardo
Tue Aug 27 2024
Scarcity is a crucial factor in determining the value of any asset, including cryptocurrencies. By limiting the total supply, the creators of this coin/token have taken steps to protect its value over time.