Cryptocurrency Q&A
What is the max supply of Rune token?
What is the max supply of Rune token?
Andrea
Thu May 23 2024
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6 answers
1021
Could you please clarify for me the concept of maximum supply in the context of cryptocurrencies? Specifically, I'm interested in the Rune token. What exactly does the term "max supply" refer to, and how does it impact the value and scarcity of Rune tokens? Also, is there a specific number or limit that has been set for the maximum supply of Rune tokens, and if so, what is it? I'm trying to understand the economics behind this and how it might affect the long-term potential of the Rune token. Thank you for your assistance in answering these questions.
6 answers
KatanaSharp
Sat May 25 2024
RUNE, a notable cryptocurrency, currently boasts a circulating supply of 334.84 million coins. This figure represents the total number of RUNE tokens that are actively circulating in the market, available for trading and other financial activities.
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DigitalDynastyQueen
Sat May 25 2024
In contrast to the circulating supply, RUNE's maximum supply stands at 413.31 million coins. This ceiling represents the total number of RUNE tokens that will ever exist, regardless of market demand or other factors.
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CryptoNinja
Sat May 25 2024
The existence of a finite maximum supply is a key characteristic of many cryptocurrencies, including RUNE. It ensures scarcity and limits the potential for inflation, two factors that often influence the value and appeal of digital assets.
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CryptoTitanGuard
Sat May 25 2024
The balance between the circulating and maximum supplies of RUNE helps to maintain stability and predictability in the market. Traders and investors can have a clear understanding of the supply-demand dynamics, enabling them to make informed decisions.
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Silvia
Fri May 24 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a range of services tailored to the needs of crypto enthusiasts. Among its offerings is a platform for trading RUNE and other digital assets.
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