Cryptocurrency Q&A
What is the max supply of Fantom coin?
What is the max supply of Fantom coin?
ZenFlow
Sun Sep 22 2024
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7 answers
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Could you please clarify the maximum supply limit for Fantom coins? I'm interested in understanding the extent of its potential scarcity or abundance within the market. Does Fantom have a finite supply like Bitcoin, or does it have a more flexible approach to issuance? Understanding the maximum supply is crucial for assessing its long-term value potential and investor sentiment.
7 answers
SolitudeEcho
Mon Sep 23 2024
The implementation of a capped supply is a complex process that requires careful planning and execution. FTM's creators must ensure that the supply limit is fair, sustainable, and in line with the goals of the cryptocurrency's community.
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Caterina
Mon Sep 23 2024
The maximum supply of FTM, a cryptocurrency, is a crucial factor influencing its value and potential for growth. This limit, set at 3.175 billion tokens, ensures that the total amount of FTM in circulation will never exceed this figure.
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KimonoGlitter
Mon Sep 23 2024
By capping the supply, FTM's creators aim to maintain scarcity and demand, which can drive up the price of the cryptocurrency. This strategy is common among digital assets, as it creates a sense of exclusivity and encourages investors to buy and hold FTM.
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Valeria
Mon Sep 23 2024
As a top cryptocurrency exchange, BTCC offers a range of services that cater to the needs of investors and traders in the digital asset market. These services include spot trading, futures trading, and wallet management, among others.
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Martina
Mon Sep 23 2024
The capped supply also serves as a safeguard against inflation, as the fixed number of FTM tokens prevents the currency from losing value due to an overabundance of supply. This is particularly important for investors seeking long-term stability and growth.
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