Are there any limitations on the number of Shiba Inu tokens that can be minted?
![avatar](https://download.bydfi.com/api-pic/images/avatars/LHCSU.png)
Is there a maximum limit on the number of Shiba Inu tokens that can be created?
![Are there any limitations on the number of Shiba Inu tokens that can be minted?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/e3/98acb39cd3a8ec094d40f346f11a59ecdc3f26.jpg)
3 answers
- Yes, there is a maximum limit on the number of Shiba Inu tokens that can be minted. The total supply of Shiba Inu tokens is capped at 1 quadrillion. This means that once 1 quadrillion tokens have been minted, no more tokens can be created.
Feb 17, 2022 · 3 years ago
- Absolutely! The creators of Shiba Inu have set a maximum supply of 1 quadrillion tokens. This ensures that the token remains scarce and maintains its value. Once the maximum supply is reached, no more tokens can be minted.
Feb 17, 2022 · 3 years ago
- Indeed, there is a limit on the number of Shiba Inu tokens that can be minted. The maximum supply is set at 1 quadrillion tokens. Once this limit is reached, no additional tokens can be created. It's important to note that this limit helps maintain the token's scarcity and potential value in the market.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 97
Are there any special tax rules for crypto investors?
- 88
What are the advantages of using cryptocurrency for online transactions?
- 70
How can I minimize my tax liability when dealing with cryptocurrencies?
- 48
What are the best digital currencies to invest in right now?
- 40
What are the best practices for reporting cryptocurrency on my taxes?
- 34
What are the tax implications of using cryptocurrency?
- 20
How does cryptocurrency affect my tax return?
- 11
How can I protect my digital assets from hackers?