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Are there any limitations on the number of Shiba coins?

avatarKhammessi ashraafDec 16, 2021 · 3 years ago3 answers

What are the limitations on the total supply of Shiba coins? Is there a maximum number of Shiba coins that can be created?

Are there any limitations on the number of Shiba coins?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are limitations on the number of Shiba coins. Shiba Inu, the cryptocurrency behind Shiba coins, has a maximum total supply of 1 quadrillion tokens. This means that there will never be more than 1 quadrillion Shiba coins in existence. However, it's important to note that the circulating supply of Shiba coins may be lower than the total supply due to factors such as burned or locked tokens.
  • avatarDec 16, 2021 · 3 years ago
    Absolutely! Shiba coins have a maximum supply of 1 quadrillion tokens. This limit ensures that the market is not flooded with an excessive number of coins, which could potentially devalue the currency. By setting a maximum supply, Shiba Inu aims to create scarcity and increase the value of each individual coin.
  • avatarDec 16, 2021 · 3 years ago
    Yes, there are limitations on the number of Shiba coins. Shiba Inu, the creator of Shiba coins, has implemented a maximum supply of 1 quadrillion tokens. This decision was made to prevent inflation and maintain the value of the cryptocurrency. By capping the supply, Shiba Inu aims to create a sustainable and valuable digital asset.