Binance coin is the crypto-coin issued by the binance exchange and trades with a BNB symbol. This coin runs on the Ethereum blockchain with standard ERC 20 and is limited to a maximum of 200 million BNB tokens .11 Mar 2022
Read moreWhat is the market cap of Binance Coin?
BNB-USD – Binance Coin USD Market Cap68.277BCirculating Supply165.12MMax SupplyN/AVolume1,825,954,048Volume (24hr)1.83BBinance Coin USD (BNB-USD) Price, Value, News & History finance.yahoo.com › quote › BNB-USD
Read moreWhat happens when all circulating supply reaches max supply?
Generally speaking, when the maximum supply is reached, there will be fewer coins available on the market . This is expected to create market scarcity, which may eventually lead to deflation conditions (or 0% inflation rates).
Read moreIs circulating supply same as total supply?
Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public’s hands. Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
Read moreWhat is total supply of coin?
Total supply refers to the number of coins or tokens that currently exists and are either in circulation or locked somehow . It is the sum of coins that were already mined (or issued) minus the total of coins that were burned or destroyed.
Read moreWhat happens when circulating supply reaches max supply?
Generally speaking, when the maximum supply is reached, there will be fewer coins available on the market . This is expected to create market scarcity, which may eventually lead to deflation conditions (or 0% inflation rates).
Read moreHow does circulating supply decrease?
Circulating supply can only be diminished by burning coins (destroying them). Circulating can only be increased by active production (mining) until the max cap (if any) is reached.
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