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What is the total supply of Dogecoins in circulation?

avatarMr AlexDec 27, 2021 · 3 years ago3 answers

Can you please provide some information about the total supply of Dogecoins currently in circulation? I'm curious to know how many Dogecoins are out there and how this number is determined.

What is the total supply of Dogecoins in circulation?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The total supply of Dogecoins in circulation is determined by the Dogecoin protocol. Currently, there are approximately 130 billion Dogecoins in circulation. However, unlike Bitcoin, Dogecoin does not have a maximum supply limit. Instead, there is an annual inflation rate of 5.256% that ensures a continuous supply of new Dogecoins. This inflation rate is gradually decreasing over time, which means that the rate at which new Dogecoins are created will slow down in the future.
  • avatarDec 27, 2021 · 3 years ago
    Wow, such Dogecoins! The total supply of Dogecoins in circulation is around 130 billion. That's a lot of Doge! Unlike some other cryptocurrencies, Dogecoin doesn't have a cap on its supply. Instead, new Dogecoins are created at a fixed rate each year. So, there will always be more Dogecoins entering the market. Such inflation, much wow!
  • avatarDec 27, 2021 · 3 years ago
    The total supply of Dogecoins in circulation is currently around 130 billion. However, it's important to note that this number is not fixed and will continue to increase over time. Unlike Bitcoin, which has a limited supply of 21 million coins, Dogecoin has an inflationary supply model. This means that new Dogecoins are constantly being created and added to the circulating supply. So, if you're looking to get your paws on some Dogecoins, there will always be more to go around!