What is the maximum supply of Dogecoin and will it ever be capped?

3 answers

• Mohammad Hosein MohagheghDec 04, 2020 · 5 years ago
  The maximum supply of Dogecoin is currently uncapped. Unlike Bitcoin, which has a limited supply of 21 million coins, Dogecoin does not have a maximum supply. This means that new Dogecoins can continue to be created indefinitely. However, the rate of new coin creation decreases over time, which helps to control inflation. So while there is no cap on the total number of Dogecoins, the rate of new coin creation slows down over time.
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• Ashish PanwarOct 21, 2021 · 4 years ago
  Dogecoin, much like other cryptocurrencies, does not have a maximum supply. This means that new Dogecoins can be created continuously. However, the rate at which new coins are created decreases over time. This is done to prevent inflation and ensure the stability of the currency. So while there is no cap on the total number of Dogecoins, the rate of new coin creation is designed to slow down over time.
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• p naresh kumarFeb 12, 2022 · 4 years ago
  The maximum supply of Dogecoin is currently uncapped. This means that new Dogecoins can be created indefinitely. However, it's important to note that the rate of new coin creation decreases over time. This is a deliberate measure to control inflation and ensure the long-term stability of the currency. So while there is no cap on the total number of Dogecoins, the rate of new coin creation gradually slows down as time goes on. It's worth mentioning that other cryptocurrencies, such as Bitcoin, have a fixed maximum supply, but Dogecoin follows a different approach.
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