Cryptocurrency Q&A
Which coin has limited supply like Bitcoin?
Which coin has limited supply like Bitcoin?
HanRiverVisionaryWave
Sun Jul 21 2024
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6 answers
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In the realm of cryptocurrencies, Bitcoin stands as a benchmark due to its unique properties, chiefly among them being its finite supply. As an inquisitive investor, I am curious to know which other coins emulate this trait of Bitcoin, ensuring a limited and predictable supply. Are there any coins that have a hard cap on their issuance, just like Bitcoin's 21 million coin limit? This question is crucial in assessing the long-term value proposition and scarcity factor of these alternative currencies, given the inherent inflationary risk associated with an unlimited supply. Therefore, I would like to know the names of any such cryptocurrencies that prioritize scarcity through limited issuance.
6 answers
Federico
Mon Jul 22 2024
Cardano, an innovative blockchain platform, has a capped supply of ADA coins, ensuring scarcity and potential appreciation.
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OceanSoul
Mon Jul 22 2024
Chainlink, a decentralized oracle network, utilizes LINK tokens with a defined maximum supply, enhancing its credibility and value.
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Andrea
Mon Jul 22 2024
Cryptocurrencies with limited supply are highly sought-after in the digital asset market.
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Stefano
Mon Jul 22 2024
Bitcoin, the pioneer of cryptocurrencies, remains a popular choice due to its fixed supply of 21 million coins.
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KimonoElegance
Mon Jul 22 2024
XRP, the digital asset of the Ripple protocol, has a fixed total supply, which contributes to its stability and market appeal.
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