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What is the total supply of MCOIN (MCOIN) coins?
MCOIN's burn mechanism actively controls the circulating supply, reducing it to enhance scarcity and increase the potential value of the coin in the market.
Jan 07, 2025 at 09:24 pm
Key Points
- Total supply: 2,000,000,000 MCOIN
- Circulating supply: 1,466,229,296 MCOIN
- Maximum supply: 2,000,000,000 MCOIN
- Burn mechanism: Regular coin burns reduce the circulating supply.
Total Supply of MCOIN (MCOIN) Coins
The total supply of MCOIN coins is 2,000,000,000. This represents the maximum number of MCOIN coins that will ever be created. Of this total supply, approximately 1,466,229,296 MCOIN are currently in circulation. The remaining coins are held in reserve by the MCOIN team.
Circulating Supply of MCOIN (MCOIN) Coins
The circulating supply of MCOIN coins is the number of coins that are currently in the hands of investors and traders. This supply is constantly changing as new coins are mined and existing coins are burned. As of March 2023, the circulating supply of MCOIN coins is approximately 1,466,229,296 MCOIN.
Maximum Supply of MCOIN (MCOIN) Coins
The maximum supply of MCOIN coins is 2,000,000,000. This means that there will never be more than 2 billion MCOIN coins in existence. The maximum supply is designed to help control inflation and ensure the long-term value of MCOIN coins.
Burn Mechanism
MCOIN employs a burn mechanism to reduce the circulating supply of coins. Regular coin burns remove a portion of the circulating supply from the market, effectively reducing the number of coins in circulation. This burn mechanism helps to control inflation and increase the scarcity of MCOIN coins, potentially driving up their value.
FAQs
- Q: How many MCOIN coins are currently in circulation?
A: Approximately 1,466,229,296 MCOIN are currently in circulation. - Q: What is the maximum supply of MCOIN coins?
A: The maximum supply of MCOIN coins is 2,000,000,000. - Q: How does the burn mechanism impact the supply of MCOIN coins?
A: The burn mechanism removes a portion of the circulating supply from the market, reducing the number of coins in circulation and potentially driving up their value. - Q: What is the purpose of the burn mechanism?
A: The burn mechanism helps to control inflation and increase the scarcity of MCOIN coins. - Q: When will all MCOIN coins be in circulation?
A: The maximum supply of MCOIN coins will never be reached as new coins will continue to be mined to replace those that are burned.
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