Cryptocurrency Q&A
Which crypto has infinite supply?
Which crypto has infinite supply?
charlotte_wright_coder
Thu Jun 20 2024
|
7 answers
1581
In the realm of cryptocurrencies, there are various tokens and coins that have differing supply mechanisms. One particularly interesting aspect is the question of infinite supply. Could you elaborate on which cryptocurrencies, if any, have an infinite supply? Does this imply they are not subject to the same scarcity principles as other digital assets? Furthermore, how does this affect their value proposition and long-term stability? Understanding the nuances of supply dynamics in this rapidly evolving sector is crucial for investors and enthusiasts alike.
7 answers
Stefano
Sat Jun 22 2024
Dogecoin is a unique cryptocurrency that differs from many others in its supply mechanism.
Was this helpful?
379
56
DigitalCoinDreamer
Sat Jun 22 2024
Unlike several popular cryptos that have a finite supply, Dogecoin has an unlimited supply of DOGE.
Was this helpful?
315
64
Silvia
Sat Jun 22 2024
This means that there is no cap on the mining or creation of Dogecoin, allowing for a continual influx of new coins into the market.
Was this helpful?
329
85
lucas_taylor_teacher
Fri Jun 21 2024
While this may seem counterintuitive for a cryptocurrency seeking to maintain value, Dogecoin's founders have intentionally designed it in this way.
Was this helpful?
167
65
KDramaCharm
Fri Jun 21 2024
The unlimited supply of Dogecoin has both advantages and disadvantages. On one hand, it ensures that the coin will never become scarce and difficult to acquire.
Was this helpful?
59
66
Load 5 more related questions
