Why some coins have "Max Supply"
Have you ever wondered why some cryptocurrencies have a set limit on how many coins can ever exist? 🤔 Let's explore the concept of "Max Supply" and why it's important!
Max Supply simply means there's a fixed, total number of coins that can ever be created for a particular cryptocurrency.
Think of it like a limited edition collection; once all items are made, no more will ever be produced.
This number is usually decided when the coin is first designed and coded. 🔢
This limit creates scarcity, similar to precious metals like gold, which can influence the coin's value over time. 💎
It also helps prevent inflation, where having too many coins could make each individual coin worth less.
A clear max supply gives users confidence and predictability about the coin's future availability. ✨
#Tokenomics #MaxSupply #learncrypto #CryptoBasics - Disclaimer: Sharing knowledge and insights as part of learning and growing together. For educational purposes only, not financial advice.