What does 'no cap' mean in the context of cryptocurrency?

7 answers

• Dec 26, 2021 · 3 years ago
  In the world of cryptocurrency, 'no cap' is a slang term that means there is no maximum supply or limit on the number of tokens or coins that can be created. It indicates that the cryptocurrency in question has an unlimited supply. This term is often used to describe cryptocurrencies that have an inflationary monetary policy, where new tokens are continuously minted or issued.
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• Dec 26, 2021 · 3 years ago
  When people say 'no cap' in the context of cryptocurrency, they are referring to the absence of a cap or limit on the total supply of a particular cryptocurrency. This means that the supply can continue to increase indefinitely, which can have implications for the value and scarcity of the cryptocurrency.
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• Dec 26, 2021 · 3 years ago
  No cap, huh? Well, in the wild world of cryptocurrencies, 'no cap' means that there's no limit to how many tokens or coins can be created. It's like a never-ending supply of digital money. So, if you come across a cryptocurrency that claims to have 'no cap,' it means they can keep churning out new tokens like there's no tomorrow. Just keep in mind that this can affect the value and stability of the cryptocurrency.
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• Dec 26, 2021 · 3 years ago
  Ah, 'no cap' in the context of cryptocurrency. It's a term used to describe cryptocurrencies that don't have a maximum supply. This means that the number of tokens or coins that can be created is unlimited. It's like a bottomless pit of digital assets. However, it's important to note that this can have an impact on the inflation rate and overall value of the cryptocurrency.
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• Dec 26, 2021 · 3 years ago
  When it comes to cryptocurrency, 'no cap' means that there is no limit on the total supply of a particular token or coin. This can have implications for the scarcity and value of the cryptocurrency. It's important to consider the supply dynamics when evaluating the potential of a cryptocurrency with 'no cap'.
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• Dec 26, 2021 · 3 years ago
  So, 'no cap' in the world of cryptocurrency means that there's no upper limit on the total supply of a token or coin. It's like a never-ending fountain of digital currency. However, keep in mind that this can affect the tokenomics and long-term viability of the cryptocurrency.
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• Dec 26, 2021 · 3 years ago
  BYDFi here! When we talk about 'no cap' in the context of cryptocurrency, it means that there is no maximum supply for a particular token or coin. This can have implications for the token's value and the overall market dynamics. It's important to consider the supply dynamics when evaluating a cryptocurrency with 'no cap'.
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