Cryptocurrency Q&A What is the supply of IRISnet coin?

What is the supply of IRISnet coin?

Valentina Valentina Wed Sep 04 2024 | 5 answers 1275
Could you please elaborate on the supply dynamics of the IRISnet coin? Specifically, how is the total supply of IRISnet determined, and are there any mechanisms in place to adjust the supply over time? Additionally, is there a maximum cap on the total number of IRISnet coins that will ever be in circulation, or is the supply unlimited? Understanding these aspects of the coin's supply is crucial for investors and traders alike. What is the supply of IRISnet coin?

5 answers

Martina Martina Thu Sep 05 2024
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Raffaele Raffaele Thu Sep 05 2024
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BusanBeautyBlooming BusanBeautyBlooming Thu Sep 05 2024
The total number of IRISnet tokens in existence is a crucial aspect for investors and traders to consider. Currently, the circulating supply of IRISnet stands at 1.6 billion tokens. This figure represents the total number of IRISnet tokens that are actively traded and in circulation within the market.

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CryptoBaroness CryptoBaroness Thu Sep 05 2024
The circulating supply of a cryptocurrency is an important metric that can impact its price and market capitalization. As the demand for IRISnet increases, the price of the token may rise if the circulating supply remains constant or decreases. Conversely, if the supply increases significantly, it could put downward pressure on the price.

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mia_anderson_painter mia_anderson_painter Thu Sep 05 2024
IRISnet is a blockchain project that aims to provide a scalable, secure, and decentralized network for the Internet of Things (IoT). The project's focus on IoT applications has attracted the attention of investors and developers alike, contributing to the growth of its community and ecosystem.

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