What is Limited Supply in Crypto?

Joined
Oct 1, 2023
Messages
3,051
Reaction score
361
D Bucks
💵11.244700
Referral Credit
0
Limited supply in crypto means that the crypto has a limit on the amount of supply, such as BTC which only has a total supply of 21 million BTC, which means that there is no more BTC that can be mined, if it reaches a total of 21 million BTC. There are several reasons why there are a number of cryptocurrencies that implement limited supply, namely maintaining scarcity and running algorithms. There are several cryptos with the lowest supply such as:
Yearn Finance: Supply 36,666 YFI. Price $8,858
Maker: supply 1,005,577 MKR. Price $2,870.
 
12,012Threads
92,708Messages
288Members
gwolf666Latest member
Top