Cryptocurrency Q&A
Does Algorand have a max supply?
Does Algorand have a max supply?
noah_harrison_philosopher
Mon Jun 17 2024
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5 answers
885
I'm curious to know, does Algorand have a maximum supply? Is there a defined limit to the total number of Algorand tokens that can ever be created? This question is important to me as I'm considering investing in Algorand and understanding its supply characteristics can help me make informed decisions. Could you please elaborate on this aspect of Algorand and its implications for investors like me?
5 answers
Andrea
Wed Jun 19 2024
The genesis event, where the initial Algo tokens were minted, marked the beginning of its circulation.
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ShintoBlessed
Wed Jun 19 2024
Since its inception, the total supply of Algo has remained unchanged, providing investors with a transparent and predictable asset.
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Tommaso
Wed Jun 19 2024
The Max Supply of Algo cryptocurrency is a fixed quantity, set at 10 billion tokens.
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EchoSolitude
Wed Jun 19 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, offers a range of services catering to the needs of crypto enthusiasts.
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GalaxyWhisper
Wed Jun 19 2024
This supply limit ensures the scarcity of Algo, a crucial factor in maintaining its value in the cryptocurrency market.
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