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Are there any restrictions on the number of Shiba Inu coins in circulation?

avatarTabassum ShaikhNov 26, 2021 · 3 years ago3 answers

Can you please provide more information about the restrictions on the number of Shiba Inu coins in circulation? Are there any limits or regulations in place?

Are there any restrictions on the number of Shiba Inu coins in circulation?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are restrictions on the number of Shiba Inu coins in circulation. The total supply of Shiba Inu coins is capped at 1 quadrillion. However, it's important to note that a large portion of the supply has been burned, reducing the actual circulating supply. This burning mechanism helps to control inflation and maintain the value of the coins.
  • avatarNov 26, 2021 · 3 years ago
    Absolutely! Shiba Inu coins have a maximum supply limit of 1 quadrillion. This means that there will never be more than 1 quadrillion Shiba Inu coins in circulation. The burning of coins also plays a role in managing the supply and ensuring that the number of coins remains within the set limit.
  • avatarNov 26, 2021 · 3 years ago
    Yes, there are restrictions on the number of Shiba Inu coins in circulation. The total supply is limited to 1 quadrillion coins. However, it's worth mentioning that the circulating supply is constantly changing due to burning events and token transfers. This helps to control the supply and maintain a stable market for Shiba Inu coins. As an investor, it's important to keep an eye on the circulating supply to understand the dynamics of the market.