Cryptocurrency Q&A
Is FTM inflationary?
Is FTM inflationary?
HallyuHero
Wed May 22 2024
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7 answers
1115
Could you please clarify for me the inflationary nature of FTM? I've been hearing different opinions about whether FTM is inflationary or not, and I'm curious to know the truth. Could you explain what factors might contribute to FTM's inflationary tendencies, if any? Additionally, how does FTM's inflationary status compare to other cryptocurrencies in the market? Your insights would be greatly appreciated.
7 answers
CherryBlossomFalling
Fri May 24 2024
Over the past year, the supply of FTM has increased by 25.44 million units. This growth rate is indicative of the expanding ecosystem and increasing demand for Fantom-based services.
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ethan_harrison_chef
Fri May 24 2024
The current yearly supply inflation rate for Fantom stands at 0.92%. This relatively low inflation rate preserves the value of FTM tokens while allowing for gradual growth in supply to accommodate future demand.
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CryptoMaven
Fri May 24 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, offers a diverse range of services to cater to the needs of crypto enthusiasts and investors.
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CryptoQueenBee
Fri May 24 2024
The circulating supply of Fantom currently stands at a substantial figure of 2.80 billion FTM. This represents a significant portion of its overall supply, indicating a healthy level of liquidity in the market.
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Nicola
Fri May 24 2024
Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices. This service offers flexibility and convenience for those seeking to capitalize on market movements.
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