Could you please clarify for me what is the maximum number of XDB tokens that will ever be created and made available in the market? Is there a specific cap or limit set on the total supply of XDB tokens, and if so, what is it? I'm interested in understanding the economic implications of this maximum supply on the token's potential for growth and scarcity over time.
In addition to the circulating supply, XDB also has a defined maximum supply, which is set at 18.87 billion coins. This maximum supply acts as a cap on the total number of XDB tokens that can ever exist, providing investors with a sense of scarcity and potentially driving up demand.
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noah_smith_researcherThu Sep 05 2024
XDB, a cryptocurrency, boasts a robust market presence with a circulating supply currently standing at 17.16 billion coins. This figure represents the total amount of XDB tokens that are currently in circulation and available for trading or other forms of exchange.
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KatanaSharpenedWed Sep 04 2024
The concept of a maximum supply is crucial in the world of cryptocurrencies, as it helps to maintain stability and prevent inflation. By limiting the total number of coins, developers can ensure that the value of each token remains relatively stable over time.
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DondaejiDelightWed Sep 04 2024
In the case of XDB, the combination of a significant circulating supply and a defined maximum supply creates an interesting dynamic for investors. With a relatively large number of coins already in circulation, there is ample opportunity for traders to buy and sell XDB on various exchanges.
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SejongWisdomKeeperEliteWed Sep 04 2024
However, the existence of a maximum supply also means that there is a limit to the number of new XDB tokens that can be created. This scarcity factor could potentially drive up the value of XDB as more people become interested in the cryptocurrency and demand for it increases.