I'm wondering about the scenario when a cryptocurrency reaches its maximum supply. What would be the implications and possible outcomes of such an event?
5 answers
Martino
Mon Nov 04 2024
The rationale behind this fixed supply is that it should drive up demand for the coin over time.
CryptoConqueror
Mon Nov 04 2024
With a finite number of coins available, investors anticipate that the value of the cryptocurrency will appreciate as demand increases.
Daniela
Mon Nov 04 2024
When a cryptocurrency token reaches its maximum supply, a significant change occurs in its issuance mechanism.
Raffaele
Mon Nov 04 2024
Once the maximum supply is attained, the coin's supply becomes fixed, meaning no additional coins can be mined or created.
CryptoDynastyLord
Mon Nov 04 2024
Miners, who previously earned new coins through the mining process, are no longer able to generate new tokens.