The lack of plans to create additional OMG tokens in the future further underscores the commitment to a stable and controlled supply. This gives investors and users alike confidence in the long-term value of OMG.
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KpopMelodyWed Oct 23 2024
At the beginning of November 2019, the cryptocurrency OMG had a definitive total supply and a circulating supply of 140,245,398 units. This finite number signifies the stability and scarcity of OMG, which is a crucial aspect of its value proposition.
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SumoMightyWed Oct 23 2024
One of the unique characteristics of OMG is that it is not mineable. This means that unlike many other cryptocurrencies, new OMG tokens cannot be created through the process of mining. This feature helps maintain a predictable and controlled supply of OMG in the market.
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GiuliaWed Oct 23 2024
The capped supply of OMG is a deliberate decision made by its developers. By limiting the total number of OMG tokens that will ever exist, they aim to prevent inflation and maintain the token's purchasing power over time.
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DaeguDivaTue Oct 22 2024
The circulating supply of OMG represents the number of tokens that are currently in circulation and available for trading or other uses. This number can fluctuate based on market demand and other factors but will always remain within the confines of the total supply.