Cryptocurrency Q&A
What is the max supply of Moonbeam GLMR?
What is the max supply of Moonbeam GLMR?
NebulaPulse
Thu Aug 01 2024
|
7 answers
1914
Could you please clarify for me, what exactly is the maximum supply of Moonbeam's GLMR tokens? I'm interested in understanding the limitations on the total number of these tokens that will ever be in circulation. Is there a specific number that represents the maximum supply, or is it an ongoing process that could potentially change over time? Understanding this information is crucial for me to make informed decisions regarding my investments in Moonbeam and its ecosystem.
7 answers
Rosalia
Sat Aug 03 2024
The cryptocurrency GLMR currently boasts a circulating supply of 880.48 million coins, which represents a substantial portion of its total availability in the market.
Was this helpful?
329
56
alexander_watson_astronaut
Sat Aug 03 2024
This circulating supply is an indicator of the liquidity and accessibility of GLMR for traders and investors, allowing for seamless transactions and exchange of value.
Was this helpful?
360
41
CryptoWizard
Sat Aug 03 2024
Alongside its circulating supply, GLMR also has a maximum supply limit of 1.12 billion coins. This cap serves as a ceiling on the total number of GLMR that will ever be in existence.
Was this helpful?
232
45
Michele
Sat Aug 03 2024
The existence of a maximum supply is a common characteristic among cryptocurrencies, as it helps to maintain scarcity and potentially drive up the value of the asset over time.
Was this helpful?
311
38
WhisperVoyager
Sat Aug 03 2024
For investors and traders, understanding the circulating and maximum supply of a cryptocurrency is crucial in making informed decisions about its potential for growth and profitability.
Was this helpful?
230
92
Load 5 more related questions
