What is the total supply of Dogecoin?

3 answers

• Dec 25, 2021 · 3 years ago
  Dogecoin, the popular cryptocurrency inspired by the Shiba Inu dog meme, has a unique approach to its total supply. Unlike Bitcoin, which has a fixed supply of 21 million coins, Dogecoin has no maximum supply limit. As of now, there are over 130 billion Dogecoins in circulation. The supply of Dogecoins increases at a fixed rate of 5.256 billion coins per year. This inflationary model was implemented to encourage spending and tipping, as well as to prevent hoarding and promote a more active and fun community.
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• Dec 25, 2021 · 3 years ago
  The total supply of Dogecoin is quite impressive. Currently, there are over 130 billion Dogecoins in circulation. However, unlike other cryptocurrencies, Dogecoin does not have a maximum supply limit. This means that new Dogecoins are constantly being created. The rate of new coin creation is fixed at 5.256 billion coins per year. This ensures a steady and controlled increase in the supply of Dogecoins, which helps maintain the stability and usability of the currency.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides a comprehensive platform for trading Dogecoin and other digital assets. As for the total supply of Dogecoin, it is important to note that Dogecoin does not have a maximum supply limit. Currently, there are over 130 billion Dogecoins in circulation, with new coins being created at a fixed rate of 5.256 billion per year. This unique approach to supply ensures a steady and controlled growth of the currency, making it suitable for various use cases and fostering a vibrant community.
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