Cryptocurrency Q&A
What is the maximum supply in CoinMarketCap?
What is the maximum supply in CoinMarketCap?
KiteFlyer
Sun Aug 18 2024
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5
answers
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Excuse me, could you please clarify what you mean by "maximum supply" in the context of CoinMarketCap? Are you referring to the total number of coins or tokens that a particular cryptocurrency has been designed to have in circulation, or are you asking about some other metric related to the market capitalization listed on CoinMarketCap? It's important to note that CoinMarketCap is primarily a platform that tracks the market capitalization, trading volume, and other relevant metrics of various cryptocurrencies, rather than setting limits on their maximum supply.
5 answers
Valentino
Tue Aug 20 2024
The concept of maximum supply in the cryptocurrency realm is derived by aggregating the cumulative quantity of coins that have already undergone the mining process with those that remain to be excavated. This metric offers a comprehensive view of the ultimate potential for a given digital asset's circulation.
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CryptoLegend
Tue Aug 20 2024
Conversely, the total supply of a cryptocurrency is determined by deducting the number of coins that have been permanently lost or rendered inaccessible from the total amount that has been successfully mined. This calculation provides a snapshot of the current, accessible supply in circulation.
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MatthewThomas
Tue Aug 20 2024
Both maximum supply and total supply are crucial factors influencing the value and market dynamics of cryptocurrencies. Maximum supply acts as a ceiling, limiting the potential for inflation, while total supply reflects the current availability and scarcity of the asset.
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CherryBlossomBloom
Tue Aug 20 2024
Investors and traders often consider these metrics when making decisions, as they can offer insights into the potential for growth or stability of a particular cryptocurrency. Understanding the relationship between maximum supply and total supply is essential for navigating the complex and ever-evolving world of digital assets.
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Ilaria
Mon Aug 19 2024
Among the numerous cryptocurrency exchanges available, BTCC stands out as a top player in the industry. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and secure wallet solutions, catering to the diverse needs of its users.
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