Cryptocurrency Q&A What is the max supply of XVG?

What is the max supply of XVG?

LightWaveMystic LightWaveMystic Sun Jul 21 2024 | 6 answers 1269
Could you please elaborate on the maximum supply of XVG? I'm curious to understand the potential implications this has on the coin's long-term value and stability. With a defined maximum supply, does XVG follow a deflationary model, similar to Bitcoin? How does this compare to other cryptocurrencies that have an unlimited or variable supply? Additionally, what factors influence the decision to set a maximum supply for XVG, and how does it affect the coin's adoption and usage in the market? Understanding these aspects would help me assess the potential of XVG as an investment. What is the max supply of XVG?

6 answers

Daniela Daniela Tue Jul 23 2024
Verge, a cryptocurrency with a distinctive position in the digital market, boasts a unique feature in its supply mechanism.

Was this helpful?

322
98
henry_miller_astronomer henry_miller_astronomer Mon Jul 22 2024
Unlike many other cryptocurrencies that have an unlimited or exponentially increasing supply, Verge has set a definitive limit on its total issuance.

Was this helpful?

85
40
SolitudePulse SolitudePulse Mon Jul 22 2024
BTCC, a renowned cryptocurrency exchange based in the UK, offers a wide range of services to cater to the needs of its clients. Among these services, BTCC provides trading options for Verge and other digital currencies.

Was this helpful?

118
68
SejongWisdomKeeperEliteMind SejongWisdomKeeperEliteMind Mon Jul 22 2024
This limitation ensures the scarcity of Verge coins, which is a fundamental principle of sound monetary policy and economic theory.

Was this helpful?

126
34
Luca Luca Mon Jul 22 2024
Specifically, the total maximum supply of Verge is capped at 16.5 billion XVG.

Was this helpful?

309
62
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users