As a cryptocurrency enthusiast, I'm curious about the supply of IoTeX coins. Could you elaborate on the total number of IoTeX coins currently in circulation? Understanding the coin supply is crucial for assessing the potential value and scarcity of the token, which ultimately drives market demand. I'm particularly interested in knowing if there's a fixed or variable supply mechanism, and how it might impact the long-term stability and growth prospects of the IoTeX network. Additionally, I'd like to understand if there are any plans for future coin burns or other mechanisms to adjust the supply.
7 answers
benjamin_doe_philosopher
Sat Jun 29 2024
This large number indicates the widespread adoption and usage of IOTX.
ZenBalance
Sat Jun 29 2024
Alongside this, there is a maximum supply cap of 10,000,000,000 IOTX coins.
Daniela
Sat Jun 29 2024
This cap ensures scarcity and potential for future appreciation in value.
CryptoGladiator
Sat Jun 29 2024
The IOTX coin has a significant presence in the cryptocurrency market.
JejuJoyfulHeart
Sat Jun 29 2024
It boasts a robust circulating supply of 9,441,378,955 coins.