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Is there a limit to the number of Shiba coins that can be created?

avatarBengtson JohanssonJun 05, 2022 · 3 years ago3 answers

I'm curious to know if there is a maximum limit to the number of Shiba coins that can be created. Can the supply of Shiba coins keep increasing indefinitely, or is there a cap on the total number of coins that can ever exist?

Is there a limit to the number of Shiba coins that can be created?
Shiba Coins
Cryptocurrency
Supply Limit

3 answers

  • avatarJun 05, 2022 · 3 years ago
    Yes, there is a limit to the number of Shiba coins that can be created. Shiba Inu, the cryptocurrency behind Shiba coins, has a maximum supply of 1 quadrillion tokens. This means that once 1 quadrillion Shiba coins have been minted, no more can be created. The supply is fixed and cannot be increased beyond this limit.
  • avatarJun 05, 2022 · 3 years ago
    Absolutely! Shiba coins have a set maximum supply. The developers of Shiba Inu token decided to cap the total supply at 1 quadrillion coins. This ensures that the market won't be flooded with an unlimited number of Shiba coins, which could potentially devalue the currency. So, rest assured, there is a limit to the number of Shiba coins that can ever exist.
  • avatarJun 05, 2022 · 3 years ago
    Indeed, there is a limit to the number of Shiba coins that can be created. Shiba Inu, the cryptocurrency behind Shiba coins, has a fixed supply of 1 quadrillion tokens. This decision was made to maintain scarcity and prevent inflation. Once all 1 quadrillion coins have been created, no more can be minted. It's important to note that this supply limit adds to the overall appeal and value of Shiba coins in the market.

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