What is the maximum supply of litecoins?

5 answers

• Élio VictorDec 29, 2023 · a year ago
  The maximum supply of litecoins is capped at 84 million. This means that there will only ever be 84 million litecoins in existence. This limit was set by the creator of litecoin, Charlie Lee, to ensure scarcity and prevent inflation.
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• Hitesh HonmaneMay 06, 2021 · 4 years ago
  Litecoin has a maximum supply of 84 million coins. This is four times the maximum supply of bitcoin, which is 21 million. The idea behind this limit is to create a digital currency that is more abundant and easier to use for everyday transactions.
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• Maneesh BSNAug 08, 2023 · 2 years ago
  Litecoin has a maximum supply of 84 million coins. This limit was set to provide a balance between scarcity and usability. With a larger supply than bitcoin, litecoin aims to be a more accessible and practical cryptocurrency for everyday use. It's worth noting that the maximum supply of litecoins has not yet been reached, and new litecoins are created through a process called mining.
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• Abdul_khadarDec 27, 2023 · 2 years ago
  The maximum supply of litecoins is 84 million, just like the maximum supply of bitcoins. This limit was set to ensure that litecoin remains a deflationary currency, meaning that its value is expected to increase over time. The limited supply also helps to prevent the devaluation of litecoin through excessive inflation.
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• Mayank pathaniaJun 16, 2024 · a year ago
  Litecoin has a maximum supply of 84 million coins. This limit was set to mirror the maximum supply of bitcoins and maintain consistency within the cryptocurrency market. By having a finite supply, litecoin aims to create scarcity and increase its value over time.
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