What is the maximum supply of Avalanche cryptocurrency?
![avatar](https://download.bydfi.com/api-pic/images/avatars/Gw0dj.jpg)
Can you tell me the maximum supply of Avalanche cryptocurrency? I'm curious about the total number of coins that will ever exist.
![What is the maximum supply of Avalanche cryptocurrency?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/89/2b7ce3a2c742b2f867a913da12d63aeffc22bb.jpg)
3 answers
- The maximum supply of Avalanche cryptocurrency is 720 million AVAX tokens. This means that there will never be more than 720 million AVAX coins in circulation. It's important to note that the maximum supply is fixed and cannot be changed. This helps to ensure the scarcity and value of the cryptocurrency.
Feb 18, 2022 · 3 years ago
- Sure! The maximum supply of Avalanche cryptocurrency is 720 million AVAX tokens. This number was determined during the initial launch of the cryptocurrency and will remain constant. It's a way to control inflation and maintain the value of AVAX coins.
Feb 18, 2022 · 3 years ago
- The maximum supply of Avalanche cryptocurrency is set at 720 million AVAX tokens. This decision was made by the Avalanche team to ensure a fair distribution of coins and to prevent excessive inflation. It's an important factor to consider when evaluating the long-term potential of AVAX as an investment.
Feb 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 96
How can I buy Bitcoin with a credit card?
- 87
What are the best digital currencies to invest in right now?
- 62
What are the best practices for reporting cryptocurrency on my taxes?
- 34
What are the advantages of using cryptocurrency for online transactions?
- 22
Are there any special tax rules for crypto investors?
- 15
What are the tax implications of using cryptocurrency?
- 13
How can I protect my digital assets from hackers?
- 7
How does cryptocurrency affect my tax return?