Cryptocurrency Q&A
What crypto coins have a limited supply?
What crypto coins have a limited supply?
henry_grayson_lawyer
Sun Sep 01 2024
|
6 answers
1104
I'm curious to know, which cryptocurrency coins have a set limit on their total supply? Are there any popular examples of these coins, and how does this limited supply affect their value and demand in the market? Is it a defining characteristic that sets them apart from other cryptocurrencies? And what implications does this have for investors looking to diversify their portfolios?
6 answers
HanjiArtistryCraftsmanship
Tue Sep 03 2024
Cryptocurrencies with limited supply have gained significant attention in the digital asset market. Among the best in this category are Bitcoin, Binance Coin, Cardano, Chainlink, XRP, Avalanche, and Litecoin.
Was this helpful?
155
65
Chiara
Tue Sep 03 2024
Each of these cryptocurrencies is designed with a finite supply, meaning there's a predetermined maximum number of coins that can ever be created. This scarcity factor can potentially drive up their value over time.
Was this helpful?
315
72
Ilaria
Tue Sep 03 2024
Bitcoin, the pioneer of decentralized digital currencies, has a hard cap of 21 million coins. Its limited supply, combined with its increasing adoption and usage, has contributed to its remarkable price appreciation.
Was this helpful?
67
86
ZenBalanced
Mon Sep 02 2024
Binance Coin (BNB) is the native token of the Binance exchange, one of the largest cryptocurrency trading platforms. BNB's supply is also limited, and the exchange frequently burns a portion of its tokens, further reducing the total supply and potentially increasing its value.
Was this helpful?
78
73
Federico
Mon Sep 02 2024
Cardano, a blockchain platform known for its innovative technology and focus on scalability, has a fixed supply of 45 billion ADA tokens. Its limited supply, along with its commitment to advancing blockchain technology, makes it an attractive investment option.
Was this helpful?
220
60
Load 5 more related questions
