What are some cryptocurrencies with a fixed supply?

3 answers

• Arvand NApr 29, 2023 · 2 years ago
  Sure! One popular cryptocurrency with a fixed supply is Bitcoin. It has a maximum supply of 21 million coins, and no more can ever be created. This limited supply is one of the reasons why Bitcoin is often considered a store of value and a hedge against inflation. Other cryptocurrencies with fixed supplies include Litecoin, which has a maximum supply of 84 million coins, and Ripple, which has a total supply of 100 billion coins. These fixed supplies provide a level of scarcity and can potentially contribute to the value of these cryptocurrencies in the long term.
  569285
• Self BuhlOct 21, 2024 · 8 months ago
  Absolutely! There are several cryptocurrencies that have a fixed supply. One example is Ethereum, which is the second-largest cryptocurrency by market capitalization. Ethereum has a maximum supply of 18 million coins per year, which means that the supply is not fixed in the traditional sense, but it is limited. Another example is Binance Coin (BNB), the native cryptocurrency of the Binance exchange. BNB has a total supply of 200 million coins, and no more will ever be created. These fixed supplies can help maintain the value and scarcity of these cryptocurrencies over time.
  580194
• Athanasios DolmatzisOct 14, 2022 · 3 years ago
  Certainly! BYDFi is a cryptocurrency with a fixed supply. It has a maximum supply of 10 million coins, and no more will ever be minted. BYDFi is designed to be a deflationary cryptocurrency, meaning that the supply decreases over time due to a built-in burning mechanism. This fixed supply and deflationary nature can potentially contribute to the value of BYDFi in the long run. However, it's important to note that investing in cryptocurrencies involves risks, and it's always recommended to do thorough research and seek professional advice before making any investment decisions.
  583146