Are there any limitations on the number of Shib coins in circulation?

3 answers

• Mahdi MortazaviJan 27, 2021 · 5 years ago
  Yes, there are limitations on the number of Shib coins in circulation. The total supply of Shib coins is capped at 1 quadrillion. This means that there will never be more than 1 quadrillion Shib coins in existence. However, it's important to note that not all of these coins are currently in circulation. Some are held by the development team, while others may be locked in wallets or held by investors. As the demand for Shib coins increases, more coins may enter circulation, but the total supply will always be limited to 1 quadrillion.
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• Riber HolmanMar 28, 2021 · 4 years ago
  Absolutely! Shib coins have a maximum supply of 1 quadrillion. This ensures that there will never be an unlimited number of Shib coins flooding the market. By setting a cap on the total supply, the developers of Shib coin aim to create scarcity and maintain the value of the cryptocurrency. It's a smart move that helps to prevent inflation and ensures that Shib coins remain a valuable asset in the long run.
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• Pope RiggsOct 21, 2024 · 10 months ago
  Yes, there are limitations on the number of Shib coins in circulation. According to the official documentation, the maximum supply of Shib coins is set at 1 quadrillion. This means that once this limit is reached, no more Shib coins can be created. The purpose of this limitation is to control the inflation of the currency and maintain its value. By setting a fixed supply, the developers of Shib coin aim to create a sense of scarcity and increase the demand for the cryptocurrency.
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