Which cryptocurrencies have the least elastic supply?

3 answers

• Nov 27, 2021 · 3 years ago
  Sure! There are several cryptocurrencies that have a limited or fixed supply, making their supply less elastic. One example is Bitcoin (BTC), which has a maximum supply of 21 million coins. This means that once all 21 million coins are mined, no new coins can be created. Another example is Litecoin (LTC), which also has a maximum supply of 84 million coins. These cryptocurrencies have a less elastic supply because their maximum supply is predetermined and cannot be easily changed or inflated. This limited supply is often seen as a positive feature, as it helps maintain scarcity and can potentially increase the value of the cryptocurrency.
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• Nov 27, 2021 · 3 years ago
  Well, when it comes to cryptocurrencies with a less elastic supply, we can't ignore Ethereum (ETH). While Ethereum doesn't have a fixed maximum supply like Bitcoin or Litecoin, it does have a mechanism called EIP-1559 that aims to reduce the supply issuance and make it more predictable. This means that the supply of Ethereum is becoming less elastic over time. EIP-1559 introduces a fee-burning mechanism that burns a portion of the transaction fees, effectively reducing the supply of Ethereum. This change is expected to make Ethereum's supply more predictable and potentially reduce inflation.
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• Nov 27, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers several cryptocurrencies with a less elastic supply. One example is Ripple (XRP), which has a total supply of 100 billion coins. The supply of XRP is fixed and cannot be increased through mining. Another example is Cardano (ADA), which has a maximum supply of 45 billion coins. These cryptocurrencies have a less elastic supply because their maximum supply is predetermined and cannot be easily changed. It's worth noting that the supply of XRP and ADA is already in circulation, and there won't be any additional coins created in the future.
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