Cryptocurrency Q&A What is the max supply of Islamic coin?

What is the max supply of Islamic coin?

KatanaBladed KatanaBladed Tue Sep 03 2024 | 5 answers 909
I don't understand this question. Could you please assist me in answering it? What is the max supply of Islamic coin?

5 answers

Luca Luca Thu Sep 05 2024
The 100 billion coin limit serves as a key selling point for ISLM, as it highlights the project's commitment to stability and predictability. Investors can trust that the coin's value will not be eroded by an endless supply of new tokens.

Was this helpful?

216
42
charlotte_wilson_coder charlotte_wilson_coder Thu Sep 05 2024
The Initial Supply Limit Model (ISLM) is a fundamental aspect of many cryptocurrencies, designed to ensure scarcity and value preservation. By capping the total number of coins that can ever be in circulation, ISLM fosters demand and prevents inflationary pressures.

Was this helpful?

156
98
PearlWhisper PearlWhisper Thu Sep 05 2024
In the case of ISLM, the supply is specifically limited to 100 billion coins. This finite number creates a natural ceiling for the coin's market capitalization, making it an attractive asset for investors seeking to protect their wealth against the devaluing effects of fiat currencies.

Was this helpful?

190
67
HanRiverVision HanRiverVision Wed Sep 04 2024
Furthermore, the limited supply encourages adoption and usage, as holders are incentivized to use the coin for transactions rather than hoarding it for fear of future scarcity. This promotes the growth and development of the ISLM ecosystem.

Was this helpful?

240
99
lucas_lewis_inventor lucas_lewis_inventor Wed Sep 04 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive range of services to support the trading and management of ISLM and other digital assets. These services include spot trading, where users can buy and sell ISLM at market prices, as well as futures trading, which allows investors to speculate on the future price of the coin.

Was this helpful?

107
77

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts