Cryptocurrency Q&A
What is the max supply of KNC?
What is the max supply of KNC?
DigitalLordGuard
Sat Oct 19 2024
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6 answers
1395
I am wondering about the maximum supply of KNC. I want to know the total amount of KNC that can be mined or issued. Could you please provide me with this information?
6 answers
Raffaele
Mon Oct 21 2024
Kyber Network, a prominent player in the decentralized finance space, boasts a significant circulating supply of 170,152,851 KNC tokens. This figure denotes the total number of KNC tokens that are currently available for trading on various marketplaces.
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Riccardo
Mon Oct 21 2024
The circulating supply of KNC tokens serves as a crucial indicator of the cryptocurrency's liquidity and market demand. It reflects the active trading activity surrounding the token, which can influence its price fluctuations.
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WhisperEcho
Mon Oct 21 2024
In addition to the circulating supply, Kyber Network also has a predetermined maximum supply of 252,301,550 KNC tokens. This cap is set to ensure the scarcity of the token, which is a fundamental principle of cryptocurrency economics.
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EchoWhisper
Mon Oct 21 2024
The maximum supply acts as a ceiling for the total number of KNC tokens that will ever be created. Once this limit is reached, no further tokens will be minted, making KNC a deflationary asset.
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DigitalCoinDreamer
Sun Oct 20 2024
The interplay between the circulating supply and maximum supply of KNC tokens plays a pivotal role in shaping the token's value proposition. A lower circulating supply relative to the maximum supply can create a sense of scarcity, potentially driving up the token's price.
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