Cryptocurrency Q&A What is the total supply of District0x?

What is the total supply of District0x?

TaegeukChampionCourageousHeart TaegeukChampionCourageousHeart Sat Aug 17 2024 | 6 answers 1208
Could you please clarify the total supply of District0x for me? I understand that it's an important factor to consider when evaluating the potential value and scarcity of the tokens. Is there a fixed cap on the total number of District0x tokens that will ever be in circulation, or is there a dynamic mechanism in place that could affect the supply over time? Your insight would be greatly appreciated. What is the total supply of District0x?

6 answers

LucyStone LucyStone Mon Aug 19 2024
The maximum supply of DNT is capped at 1.00 billion tokens. This limitation ensures the scarcity of the asset, which is a key factor driving its value and demand among investors and users.

Was this helpful?

278
44
Valentino Valentino Mon Aug 19 2024
DNT, the digital asset, boasts a significant circulating supply of 751.22 million coins. This figure represents the amount of DNT tokens that are currently in circulation and available for trading or other uses within the blockchain ecosystem.

Was this helpful?

170
21
DaeguDivaDanceQueen DaeguDivaDanceQueen Sun Aug 18 2024
In addition to spot trading, BTCC also provides access to futures trading, allowing users to speculate on the future price movements of DNT and other cryptocurrencies. This feature adds an additional layer of complexity and potential profit opportunities for experienced traders.

Was this helpful?

210
74
EclipseChaser EclipseChaser Sun Aug 18 2024
The fixed maximum supply of DNT contributes to its status as a deflationary asset. As more tokens are utilized or locked in smart contracts, the remaining supply becomes increasingly scarce, potentially leading to increased prices over time.

Was this helpful?

166
35
Martina Martina Sun Aug 18 2024
The circulating and maximum supply of DNT are important metrics for investors and traders to consider when evaluating the asset's potential for growth and adoption. They provide insights into the asset's market capitalization, liquidity, and overall demand.

Was this helpful?

299
22
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts