Cryptocurrency Q&A What is the max supply of tornado cash?

What is the max supply of tornado cash?

Federica Federica Thu Sep 19 2024 | 6 answers 1339
Could you please clarify what you mean by "max supply of tornado cash"? Tornado Cash is a decentralized protocol that allows users to obscure the origins and destinations of cryptocurrency transactions on the Ethereum blockchain. It does not have a traditional "supply" like a cryptocurrency token or coin would, as it is not a standalone asset but rather a tool or service. If you are referring to the maximum number of transactions that can be processed or obfuscated by Tornado Cash, that is a complex question that would depend on a variety of factors such as network congestion, gas prices, and the specific implementation of the Tornado Cash protocol. However, it's worth noting that there are limits to the amount of privacy that can be provided by mixing services like Tornado Cash, and that regulators and law enforcement agencies have been increasingly scrutinizing the use of such tools for illicit purposes. What is the max supply of tornado cash?

6 answers

SeoulSoul SeoulSoul Sat Sep 21 2024
The 24-hour trading volume of TORN stands at $113.44K, indicating a moderate level of activity in the market. This figure provides insight into the liquidity and trading interest surrounding the coin.

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mia_rose_painter mia_rose_painter Sat Sep 21 2024
TORN currently ranks 1360th by market capitalization, which is a measure of the total value of all TORN coins in circulation. This ranking provides a sense of the coin's relative size and significance within the broader cryptocurrency market.

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EnchantedSky EnchantedSky Sat Sep 21 2024
In the past 24 hours, TORN has seen a positive price movement of +0.63%. This suggests that the coin is currently experiencing an upward trend, potentially driven by market sentiment or fundamental developments.

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Maria Maria Sat Sep 21 2024
The circulating supply of TORN is 3.81 million coins, which represents the total number of coins that are currently in circulation and available for trading. This figure is important for understanding the coin's rarity and potential for scarcity.

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DavidLee DavidLee Sat Sep 21 2024
TORN, a cryptocurrency, is currently trading at $2.30 per coin. This price reflects the market's assessment of its value and potential for growth.

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