Cryptocurrency Q&A
What is the maximum supply of SNX?
What is the maximum supply of SNX?
Claudio
Wed Jun 26 2024
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6 answers
1169
Could you elaborate on the maximum supply of SNX? As a cryptocurrency enthusiast, I'm particularly interested in understanding the economic implications of this token's supply cap. Does SNX have a fixed or variable maximum supply? How might this affect its price dynamics and market liquidity? Moreover, is there a plan for future adjustments to this supply cap, and if so, how might that impact investors' decision-making process? Clarifying these points would greatly enhance my understanding of SNX's overall economics.
6 answers
Filippo
Fri Jun 28 2024
Synthetix (SNX) is a cryptocurrency that has gained significant attention in the digital asset market.
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Emanuele
Fri Jun 28 2024
Its circulating supply currently stands at 327.77 million SNX tokens.
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CrystalPulse
Fri Jun 28 2024
This indicates the number of SNX tokens that are in circulation and available for trading or other uses.
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DigitalDynasty
Fri Jun 28 2024
In addition to the circulating supply, Synthetix also has a maximum supply of 328.19 million SNX.
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CryptoAlchemy
Thu Jun 27 2024
The maximum supply represents the upper limit on the total number of SNX tokens that will ever be created.
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