What is the total number of Dogecoins that can exist?

3 answers

• Nov 26, 2021 · 3 years ago
  The maximum supply of Dogecoins is set at 10,000 coins per block, with a block time of one minute. This means that approximately 14.4 million Dogecoins are mined every day. However, there is no hard cap on the total number of Dogecoins that can exist. Unlike Bitcoin, which has a fixed supply of 21 million coins, Dogecoin has an inflationary supply. This means that there is no limit to the number of Dogecoins that can be created through mining. As long as miners continue to mine Dogecoins, new coins will be added to the circulating supply.
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• Nov 26, 2021 · 3 years ago
  So, the total number of Dogecoins that can exist is constantly increasing. This inflationary supply is one of the factors that differentiates Dogecoin from other cryptocurrencies. It allows for a more flexible and accessible monetary system, which aligns with the fun and lighthearted nature of Dogecoin.
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• Nov 26, 2021 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, Dogecoin's inflationary supply has been a key factor in its popularity. Unlike other cryptocurrencies with fixed supplies, Dogecoin's unlimited supply has made it more accessible and affordable for users. This has contributed to its widespread adoption and community support. So, while there is no specific limit to the total number of Dogecoins that can exist, the continuous mining and inflationary supply ensure that new coins are constantly being added to the market.
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