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What are some cryptocurrencies with a limited circulating supply?

avatarRosildaDec 25, 2021 · 3 years ago7 answers

Can you recommend some cryptocurrencies that have a limited circulating supply? I'm looking for cryptocurrencies that have a scarcity factor, as I believe it can potentially increase their value in the long run. It would be great if you could provide some insights into these cryptocurrencies and explain why their limited supply is significant.

What are some cryptocurrencies with a limited circulating supply?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One cryptocurrency with a limited circulating supply is Bitcoin. As you may know, there will only ever be 21 million Bitcoins in existence. This scarcity is one of the factors that has contributed to its value over the years. Additionally, Ethereum also has a limited supply, with a maximum of 18 million ETH produced each year. This scarcity has helped maintain its value and attract investors.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Another cryptocurrency with a limited circulating supply is Ripple (XRP). Ripple has a maximum supply of 100 billion XRP, and a significant portion of it is held by the company itself. This limited supply has created a sense of scarcity and has the potential to drive up its value in the future.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a popular decentralized finance platform, offers a cryptocurrency called BYD. It has a limited circulating supply of 10 million tokens. The scarcity of BYD tokens is designed to create value and incentivize early adopters. With its unique features and limited supply, BYD has gained attention from the crypto community.
  • avatarDec 25, 2021 · 3 years ago
    Certainly! Litecoin is another cryptocurrency that has a limited circulating supply. It has a maximum supply of 84 million coins, which is four times the supply of Bitcoin. The limited supply of Litecoin, combined with its faster block generation time, has made it a popular choice among crypto enthusiasts.
  • avatarDec 25, 2021 · 3 years ago
    Of course! Cardano (ADA) is a cryptocurrency that also has a limited circulating supply. It has a maximum supply of 45 billion ADA tokens. The limited supply, along with Cardano's focus on security and scalability, has attracted a strong community and contributed to its growing popularity.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! Binance Coin (BNB) is another cryptocurrency with a limited circulating supply. BNB has a maximum supply of 200 million tokens, and the supply is gradually decreasing through token burns. This scarcity, combined with Binance's popularity as a leading cryptocurrency exchange, has helped drive up the value of BNB.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Dogecoin (DOGE) is a cryptocurrency that has gained attention for its limited circulating supply. Initially, there was no maximum supply set for Dogecoin, but in 2014, the developers decided to cap it at 100 billion coins. This limited supply, along with its meme-inspired branding, has made Dogecoin a unique and popular cryptocurrency.