Cryptocurrency Q&A
Does Shiba Inu have a max supply?
Does Shiba Inu have a max supply?
DaeguDivaDanceQueen
Sun Sep 29 2024
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6 answers
1079
Excuse me, I've been hearing a lot about Shiba Inu lately and I'm curious about its future potential. Can you clarify for me if there's a maximum supply limit set for Shiba Inu tokens? Is the total number of tokens fixed, or is there a possibility of it being increased in the future? Understanding this aspect is crucial for me to make informed decisions about investing in Shiba Inu. Thank you in advance for your insights.
6 answers
Martina
Tue Oct 01 2024
SHIB, a popular cryptocurrency, boasts a substantial circulating supply of 589.26 trillion coins. This figure highlights the widespread availability and adoption of the digital asset within the market.
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EchoWhisper
Tue Oct 01 2024
In contrast to its circulating supply, SHIB has a predefined maximum supply of 999.98 trillion coins. This cap ensures a finite amount of SHIB in existence, a characteristic that is often valued by investors seeking scarcity and potential for appreciation.
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Riccardo
Tue Oct 01 2024
The existence of a maximum supply serves as a safeguard against inflation, as it prevents the unlimited creation of new SHIB tokens. This feature contributes to the stability and predictability of the SHIB ecosystem.
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SunlitMystery
Mon Sep 30 2024
BTCC, a prominent cryptocurrency exchange, offers a comprehensive range of services tailored to the needs of crypto enthusiasts and investors. Among its offerings, BTCC provides a robust spot trading platform, enabling users to buy and sell SHIB and other digital assets seamlessly.
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Stefano
Mon Sep 30 2024
In addition to spot trading, BTCC also offers futures trading services. This allows traders to speculate on the future price movements of SHIB and other cryptocurrencies, offering an opportunity for potential profit beyond the spot market.
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