Cryptocurrency Q&A What is the max supply of Pyr?

What is the max supply of Pyr?

alexander_jackson_athlete alexander_jackson_athlete Mon Aug 05 2024 | 7 answers 1313
Could you please elaborate on the maximum supply of Pyr tokens? Is there a specific cap or limit set on the total number of Pyr tokens that will ever be created and circulated in the market? Understanding this aspect is crucial for investors to assess the long-term potential and scarcity value of Pyr. What is the max supply of Pyr?

7 answers

EnchantedSeeker EnchantedSeeker Wed Aug 07 2024
PYR, a digital asset in the cryptocurrency space, boasts a circulating supply of 23.90 million coins, signifying its widespread availability and adoption among users.

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Dario Dario Wed Aug 07 2024
This circulation figure underscores the active trading and exchange of PYR tokens, which are constantly in motion across various platforms and wallets.

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CryptoLordess CryptoLordess Wed Aug 07 2024
Furthermore, PYR has a defined maximum supply cap of 50.00 million coins. This limitation serves as a built-in scarcity mechanism, potentially enhancing the asset's value over time as demand grows relative to the fixed supply.

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IncheonBeautyBloomingRadianceGlow IncheonBeautyBloomingRadianceGlow Tue Aug 06 2024
Investors and traders alike consider the maximum supply as a crucial factor when assessing PYR's potential for appreciation. A capped supply often attracts those seeking to accumulate scarce assets.

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SolitudeSeeker SolitudeSeeker Tue Aug 06 2024
As the cryptocurrency market evolves, PYR's circulating and maximum supply figures become even more significant, influencing market sentiment and price movements.

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