Are there any restrictions on the number of Shiba Inu coins in circulation?
Aniket KJul 13, 2022 · 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?
3 answers
- Isaac IsaacMay 06, 2024 · a year agoYes, 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.
- Crynadge KunakaNov 01, 2020 · 5 years agoAbsolutely! 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.
- Dhanish M KAug 15, 2021 · 4 years agoYes, 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.
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