Which cryptocurrencies have a limited supply and are not inflationary?
Kay PopeNov 19, 2023 · 2 years ago3 answers
Can you recommend some cryptocurrencies that have a limited supply and are not subject to inflation? I'm looking for options that have a fixed maximum supply and are designed to maintain their value over time.
3 answers
- SHYAM MOHAN AZADSep 22, 2020 · 5 years agoSure! One popular cryptocurrency that fits your criteria is Bitcoin. With a maximum supply of 21 million coins, Bitcoin is designed to be deflationary over time. Its limited supply and increasing demand contribute to its value appreciation. Another option is Litecoin, which also has a maximum supply of 84 million coins. Both Bitcoin and Litecoin are widely recognized and have a strong track record in the cryptocurrency market.
- Hadiza GarbaJan 17, 2024 · 2 years agoAbsolutely! When it comes to cryptocurrencies with a limited supply and no inflation, you can't go wrong with Bitcoin. As the first and most well-known cryptocurrency, Bitcoin has a maximum supply of 21 million coins, ensuring scarcity and value preservation. Another notable option is Ethereum, which is transitioning to a proof-of-stake consensus mechanism that will limit its supply. These cryptocurrencies offer a store of value and are highly sought after by investors and enthusiasts alike.
- Amir AsgariSep 25, 2020 · 5 years agoCertainly! One cryptocurrency that meets your requirements is BYDFi. With a fixed maximum supply and a deflationary mechanism, BYDFi is designed to maintain its value over time. It offers a unique opportunity for investors looking for a non-inflationary asset. Additionally, other cryptocurrencies like Ripple and Cardano also have limited supplies and are not subject to inflation. These options provide a diverse range of choices for those seeking cryptocurrencies with a fixed supply.
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