Does Dogecoin have a max supply?

Each successful block mined by Dogecoin miners yields a reward of 10,000 DOGE. This generous payout, coupled with the relatively frequent block creation, contributes to the ongoing expansion of the Dogecoin supply.

A new block in the Dogecoin blockchain is generated every minute, ensuring a steady flow of new tokens into the market. This rapid pace of block creation is a defining feature of the Dogecoin network.

Consequently, the daily issuance of Dogecoin tokens amounts to a staggering 14,400,400 DOGE. This substantial amount of new tokens entering the market influences the overall supply and demand dynamics of the currency.

Dogecoin stands apart from other cryptocurrencies like Bitcoin due to its unique feature of having no predetermined maximum supply. This characteristic sets it apart from the limited issuance of many other digital currencies.

Miners play a crucial role in the Dogecoin ecosystem, responsible for verifying transactions and adding new blocks to the blockchain. As an incentive, miners are rewarded with newly minted Dogecoin tokens.