I'm curious about Dogecoin, specifically whether its supply is unlimited. I've heard differing views on this and would like to get a clear understanding. Can someone explain if
Dogecoin has an unlimited supply or if there are limits to it?
7 answers
CryptoAlly
Mon Dec 23 2024
As a cryptocurrency, Dogecoin does not have a cap on the number of tokens that can be created.
Andrea
Mon Dec 23 2024
This means that new
Dogecoin tokens are generated continuously every year.
Claudio
Mon Dec 23 2024
The ongoing creation of new tokens could potentially affect the scarcity of Dogecoin.
Skywalker
Mon Dec 23 2024
Scarcity is a key factor that often drives the value of cryptocurrencies.
Martina
Mon Dec 23 2024
Dogecoin faces the issue of an unlimited supply.