What is the total supply of Shiba Robin and is it inflationary?

5 answers

• Espinoza MoonJun 19, 2023 · 2 years ago
  Shiba Robin has a total supply of 1,000,000,000 tokens. The project team has decided not to mint any additional tokens, making it a deflationary cryptocurrency. This means that the total supply will not increase over time, and as more tokens are burned or lost, the supply will decrease. This scarcity can potentially drive up the value of Shiba Robin in the long term.
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• SRINITHA K ECEJun 23, 2023 · 2 years ago
  The total supply of Shiba Robin is 1 billion tokens. It is designed to be deflationary, meaning that the supply will decrease over time. This is achieved through token burns and token locks. Token burns involve permanently removing tokens from circulation, while token locks restrict the transfer of tokens for a certain period. These mechanisms help create scarcity and can potentially increase the value of Shiba Robin.
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• Alfa AhmedSep 29, 2024 · 10 months ago
  As an expert in the field, I can confirm that the total supply of Shiba Robin is 1 billion tokens. It is indeed a deflationary cryptocurrency, which means that the supply will decrease over time. This is achieved through various mechanisms, such as token burns and token locks. By reducing the supply, Shiba Robin aims to create scarcity and potentially drive up its value in the market.
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• Evam KaushikMar 23, 2021 · 4 years ago
  Shiba Robin has a total supply of 1,000,000,000 tokens. It is a deflationary cryptocurrency, which means that the supply will decrease over time. This is achieved through token burns, where a certain amount of tokens are permanently removed from circulation. By reducing the supply, Shiba Robin aims to create scarcity and potentially increase its value. It's important to note that the deflationary nature of Shiba Robin is not unique to this project, as many other cryptocurrencies also employ similar mechanisms to control their supply.
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• Sofia MelnykJun 19, 2020 · 5 years ago
  BYDFi, a well-known cryptocurrency exchange, provides information about the total supply of Shiba Robin. It has a fixed supply of 1 billion tokens and is designed to be deflationary. This means that the supply will decrease over time, creating scarcity and potentially driving up the value of Shiba Robin. It's important to do your own research and consider the risks before investing in any cryptocurrency.
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