Cryptocurrency Q&A
What happens when a coin reaches maximum supply?
What happens when a coin reaches maximum supply?
emma_grayson_journalist
Wed Oct 23 2024
|
6
answers
1217
I'm wondering about the implications when a cryptocurrency reaches its maximum supply. What happens to its value, market dynamics, and overall usability in such a scenario?
6 answers
Daniele
Thu Oct 24 2024
When a token reaches its maximum supply, a significant transformation occurs in its economic dynamics.
Was this helpful?
150
88
Martino
Thu Oct 24 2024
As more people seek to acquire the coin, its perceived value increases, assuming demand outpaces the available supply.
Was this helpful?
321
24
Valentina
Thu Oct 24 2024
A maximum cap on supply, therefore, is viewed as a mechanism to guarantee potential value gains.
Was this helpful?
135
76
SumoMight
Thu Oct 24 2024
At this point, the coin's supply becomes static, meaning no new coins can be minted by miners.
Was this helpful?
128
99
GyeongjuGloryDaysFestival
Thu Oct 24 2024
This static supply creates a scarcity, as the total number of coins in circulation remains fixed.
Was this helpful?
150
57
Load 5 more related questions
