Cryptocurrency Q&A
How many Monero are left?
How many Monero are left?
GangnamGlitzGlamour
Thu May 23 2024
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5 answers
931
Could you please elaborate on the matter of Monero's remaining supply? I'm curious to know how many Monero coins are still available and circulating in the market. Given the nature of cryptocurrency and its finite supply, it's essential to understand the current status of Monero's availability. Is there a specific number or estimation that can be provided? I'm also interested in knowing if there are any factors that could potentially affect this figure in the future. Could you please shed some light on this matter?
5 answers
CosmicDream
Sat May 25 2024
Monero, a renowned privacy-focused cryptocurrency, currently boasts a circulating supply that is approaching its maximum limit of 18.20 million XMR. This maximum supply represents the total number of coins that will ever be in circulation, ensuring scarcity and stability.
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CryptoChieftainGuard
Fri May 24 2024
Furthermore, BTCC also facilitates futures trading, enabling investors to speculate on the future price movements of cryptocurrencies. Additionally, the exchange offers a secure wallet service, providing users with a safe and convenient way to store their digital assets.
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Pietro
Fri May 24 2024
Despite its finite supply, Monero maintains a yearly supply inflation rate of 0.88%. This means that, over the course of a year, approximately 160,127 new XMR coins are created to enter the market.
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KimonoGlitter
Fri May 24 2024
The controlled inflation rate serves to balance the need for a growing economy with the preservation of Monero's value. It ensures that the coin supply remains sustainable and responsive to market demands, without causing excessive dilution.
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Isabella
Fri May 24 2024
BTCC, a leading cryptocurrency exchange headquartered in the United Kingdom, offers a comprehensive range of services tailored to the needs of crypto enthusiasts. Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices.
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