Could you elaborate on which cryptocurrency has an unlimited supply? I'm curious to know if there's a specific digital asset that differs from the majority, which typically have a finite or capped supply. Understanding the economic implications of an unlimited supply would be valuable for investors and traders alike. Could you please provide an example of such a coin and perhaps explain why it might have chosen to operate with an unlimited supply model?
6 answers
Silvia
Fri Jun 28 2024
One of the key differences among cryptocurrencies is their supply mechanisms.
Chiara
Fri Jun 28 2024
This characteristic of Doge gives it a unique economic structure compared to other cryptocurrencies with fixed supply caps.
CryptoGuru
Fri Jun 28 2024
For instance, Dogecoin, often referred to as Doge, stands out in this aspect.
WindRider
Fri Jun 28 2024
Unlike Bitcoin, which has a finite supply cap of 21 million coins, Doge offers an unlimited supply.
noah_wright_author
Fri Jun 28 2024
This unlimited supply means that there is no predetermined limit to the number of Dogecoins that can be created.