Cryptocurrency Q&A
What is the max supply of IoTeX?
What is the max supply of IoTeX?
Lorenzo
Thu Jun 27 2024
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5 answers
1685
Could you elaborate on the maximum supply of IoTeX? I'm particularly interested in understanding how the limited supply impacts its potential value and long-term stability. As a cryptocurrency enthusiast, I'm always curious about the economic factors that shape the market and determine the future prospects of various digital assets. Knowing the max supply of IoTeX could help me make informed decisions regarding its investment potential. Could you please provide me with a concise yet comprehensive overview of this aspect?
5 answers
CryptoQueenGuard
Sat Jun 29 2024
IoTeX, denoted as IOTX, is a cryptocurrency that has gained significant attention in the digital asset market.
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Lorenzo
Sat Jun 29 2024
One of the key metrics that investors consider in assessing the potential of a cryptocurrency is its circulating supply. The circulating supply of IOTX currently stands at 9.44 billion tokens.
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Lorenzo
Fri Jun 28 2024
The circulating supply represents the total number of tokens that are available for trading and in circulation within the IoTeX ecosystem. This figure is important as it gives investors an idea of the token's liquidity and market availability.
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Maria
Fri Jun 28 2024
Alongside the circulating supply, the max supply of IOTX is also a crucial metric. The max supply represents the total number of tokens that will ever be created for the IoTeX network. In the case of IOTX, the max supply is capped at 10 billion tokens.
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SamuraiCourageous
Fri Jun 28 2024
The capping of the max supply ensures that the supply of IOTX tokens remains finite, which can help maintain the token's value over time. This is because a limited supply can create scarcity, which often drives up demand and prices.
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