Cryptocurrency Q&A
Does mana have a limited supply?
Does mana have a limited supply?
QuasarGlider
Thu Oct 17 2024
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7 answers
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I'm curious about the nature of MANA in this context. Specifically, I want to know if there's a cap on how much mana can exist or be generated. Is there a finite amount of this resource, or can it be replenished or even created indefinitely?
7 answers
ShintoSanctuary
Sat Oct 19 2024
The discrepancy between the original and circulating supplies indicates that a portion of MANA has been locked, reserved, or otherwise not in circulation. This can impact the asset's price dynamics and market behavior.
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KpopMelody
Sat Oct 19 2024
MANA, a digital asset, has a predetermined and finite total supply of 280,588,6393 units. This limitation ensures scarcity, a fundamental principle in economics that often drives value.
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Elena
Sat Oct 19 2024
Despite its large original supply, the actual amount of MANA available for trading, known as the circulating supply, is significantly lower. As of August 17, 2021, the circulating supply stood at 1.8 billion MANA.
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Silvia
Fri Oct 18 2024
BTCC's services encompass spot trading, enabling users to buy and sell MANA and other cryptocurrencies at current market prices. Additionally, the platform offers futures trading, allowing traders to speculate on the future price movements of MANA and hedge against potential risks.
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DavidLee
Fri Oct 18 2024
Market capitalization, a crucial metric in assessing the size and value of a cryptocurrency, measures the total value of all MANA tokens in circulation. On August 17, 2021, MANA's market capitalization was $1,509,985,208.
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