Cryptocurrency Q&A
Does Dogecoin have a finite supply?
Does Dogecoin have a finite supply?
Silvia
Fri Nov 29 2024
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7 answers
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Dogecoin, unlike some other cryptocurrencies, does not have a cap on the total number of coins that can be mined. This means it has an unlimited supply, making it an inflationary coin. The decision to have an uncapped supply was to set it apart as a faster and more consumer-friendly version of Bitcoin.
7 answers
SamuraiHonor
Sun Dec 01 2024
This distinction allows for a continuous issuance of Dogecoin, unlike Bitcoin, which has a finite cap of 21 million coins.
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Elena
Sun Dec 01 2024
The absence of a supply cap means that Dogecoin can theoretically be mined indefinitely.
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HanRiverVision
Sun Dec 01 2024
Dogecoin stands apart from other cryptocurrencies in a significant way.
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GangnamGlamour
Sun Dec 01 2024
This characteristic has led to some unique market dynamics for Dogecoin, setting it apart from other cryptocurrencies with a fixed supply.
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GinsengBoostPowerBoostVitality
Sun Dec 01 2024
Unlike Bitcoin and several other digital assets, Dogecoin does not have a predefined maximum supply.
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