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

avatarnajim KhanDec 27, 2021 · 3 years ago3 answers

Is there a maximum supply limit for Shiba coins? How many Shiba coins can be in circulation? Are there any restrictions on the number of Shiba coins that can be mined or created?

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

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there is a maximum supply limit for Shiba coins. According to the Shiba Inu tokenomics, the total supply of Shiba coins is 1 quadrillion. This means that there can never be more than 1 quadrillion Shiba coins in circulation. The supply is fixed and cannot be increased.
  • avatarDec 27, 2021 · 3 years ago
    No, there are no limitations on the number of Shiba coins in circulation. Shiba coins are designed to have an unlimited supply, similar to other meme coins like Dogecoin. The idea behind this is to create a fun and accessible cryptocurrency that can be used for tipping, donations, and other social media activities.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, the number of Shiba coins in circulation is not limited. However, it's important to note that the supply of Shiba coins is constantly changing due to mining and transactions. As more people mine and trade Shiba coins, the number in circulation will increase. Therefore, the exact number of Shiba coins in circulation at any given time may vary.