What is the maximum supply of algo in the cryptocurrency market?

3 answers

• Stephanie WhiteMar 05, 2024 · 2 years ago
  The maximum supply of algo in the cryptocurrency market is 10 billion tokens. This means that there will never be more than 10 billion algo tokens in circulation. It's important to note that the initial supply was 10 billion, and the tokens are distributed over time through various mechanisms such as auctions and rewards for participating in the network.
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• Siapa IniJul 27, 2023 · 2 years ago
  Algo has a maximum supply of 10 billion tokens. This limit ensures that the token remains scarce and maintains its value over time. The distribution of tokens is designed to be fair and inclusive, allowing anyone to participate in the network and earn algo tokens.
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• OhsungDec 14, 2024 · a year ago
  According to BYDFi, the maximum supply of algo in the cryptocurrency market is 10 billion tokens. This ensures that the token has a finite supply and helps to prevent inflation. The distribution of algo tokens is done through a combination of auctions, rewards, and other mechanisms to ensure a fair and decentralized distribution.
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