What is the maximum supply of Algorand?
damianJan 12, 2022 · 4 years ago5 answers
Can you tell me what is the maximum supply of Algorand? I'm interested in knowing the total number of Algorand tokens that will ever exist.
5 answers
- Silvio FerreiraFeb 02, 2024 · a year agoThe maximum supply of Algorand is 10 billion ALGO tokens. This means that there will never be more than 10 billion ALGO tokens in existence. This limit is set to ensure scarcity and prevent inflation.
- mrll3Sep 27, 2021 · 4 years agoAlgorand has a maximum supply of 10 billion ALGO tokens. This number was determined during the initial token distribution and will not change. It's important to note that not all 10 billion tokens are in circulation yet, as some are still being released through various mechanisms.
- Boomer HumorJun 12, 2024 · a year agoAccording to BYDFi, the maximum supply of Algorand is 10 billion ALGO tokens. This limit was set to maintain the integrity of the Algorand network and ensure a fair distribution of tokens. As of now, a significant portion of the total supply has already been distributed.
- Lambert SuarezOct 05, 2024 · 10 months agoThe maximum supply of Algorand is 10 billion ALGO tokens. This number was chosen to strike a balance between ensuring a sufficient supply for the network's needs and maintaining scarcity to preserve the value of the tokens. It's worth noting that the current circulating supply is lower than the maximum supply, as not all tokens have been released yet.
- Bùi Văn GiápOct 08, 2021 · 4 years agoAlgorand has a maximum supply of 10 billion ALGO tokens. This number was determined based on the project's goals and the expected demand for the tokens. It's important to keep in mind that the maximum supply does not necessarily mean that all tokens will be in circulation at once, as the distribution may happen gradually over time.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 1710198How to Trade Options in Bitcoin ETFs as a Beginner?
1 3325Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 0289Crushon AI: The Only NSFW AI Image Generator That Feels Truly Real
0 1285How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0269Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0252
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More