Cryptocurrency Q&A
Is XLM Limited supply?
Is XLM Limited supply?
Martino
Tue May 21 2024
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7 answers
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I'm curious to know, "Is XLM Limited supply?" This question has been nagging me for quite some time now, as I'm trying to understand the intricacies of cryptocurrency and its underlying mechanisms. Could you please elaborate on this matter? Is the supply of XLM finite, or is it subject to change over time? If it's limited, what are the implications of this limited supply in terms of its value and demand? And how does this limited supply compare to other cryptocurrencies? Your insights would be greatly appreciated as I delve deeper into the realm of crypto finance.
7 answers
SamsungShineBrightness
Thu May 23 2024
The price dynamics of XLM have been rather muted in the recent hours. Over the past hour, the cryptocurrency has experienced a minor gain of 0.11%. However, when comparing its performance from the previous day, XLM has seen a decline of -0.92%.
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CryptoMystic
Thu May 23 2024
Regarding its market capitalization, it's important to note that the live figure is currently calculated by multiplying the total number of coins in circulation with their current market price. At this moment, the market cap stands at $0.00 USD, indicating a relatively low valuation.
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GeishaWhisper
Thu May 23 2024
The circulating supply of XLM coins is currently 28.92 billion. This figure represents the total number of coins that are currently in active use and available for trading on various cryptocurrency exchanges.
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Martina
Thu May 23 2024
Additionally, the maximum supply of XLM is capped at 50.00 billion coins. This limit ensures that the total number of coins in existence will not exceed this figure, providing a degree of scarcity and potentially supporting the value of the cryptocurrency.
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Silvia
Wed May 22 2024
It's worth mentioning that investors and traders interested in XLM have a range of options available to them. One such option is BTCC, a leading cryptocurrency exchange based in the United Kingdom. BTCC offers a comprehensive suite of services to cater to the needs of its customers.
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