Cryptocurrency Q&A
How many Pendle coins are there?
How many Pendle coins are there?
EnchantedSky
Sun May 26 2024
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6 answers
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Could you please elaborate on the total quantity of Pendle coins currently in existence? I'm quite curious about the scarcity or abundance of this particular cryptocurrency. Does the limited supply contribute to its value? Or is it more dependent on market demand and other factors? I'm interested in understanding the underlying economics behind it. Also, does the number of coins fluctuate over time, or is it a fixed quantity? Thank you for your insights.
6 answers
SamsungShine
Tue May 28 2024
PENDLE, a cryptocurrency, currently boasts a circulating supply of 153.95 million coins. This figure represents the total number of PENDLE tokens that are currently in circulation and available for trading on various platforms.
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Valentina
Tue May 28 2024
In contrast to the circulating supply, PENDLE has a maximum supply cap of 258.45 million coins. This maximum supply serves as a limit on the total number of PENDLE tokens that will ever be created.
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DongdaemunTrend
Tue May 28 2024
The existence of a defined maximum supply adds scarcity to the cryptocurrency, potentially driving up its value over time. It also ensures that the supply of PENDLE tokens cannot be inflated indefinitely, providing stability and predictability to investors.
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Filippo
Mon May 27 2024
The circulating and maximum supplies of PENDLE are key factors that investors consider when evaluating the potential of this cryptocurrency. A limited supply can make PENDLE more appealing to investors seeking a scarce digital asset with growth potential.
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EclipseRider
Mon May 27 2024
BTCC, a cryptocurrency exchange headquartered in the UK, offers a comprehensive range of services to cater to the needs of crypto enthusiasts. Among its offerings are spot trading, futures trading, and wallet services.
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