Are there any cryptocurrencies that have 'no cap' on their supply?
Thurston RasmussenNov 24, 2021 · 3 years ago3 answers
Can you recommend any cryptocurrencies that do not have a maximum supply limit? I am interested in investing in a cryptocurrency that has the potential for unlimited growth. Are there any options available?
3 answers
- Nov 24, 2021 · 3 years agoYes, there are cryptocurrencies that do not have a cap on their supply. One example is Bitcoin Cash (BCH), which was created as a result of a hard fork from Bitcoin. Bitcoin Cash has a larger block size limit, allowing for more transactions to be processed and potentially leading to unlimited growth in its supply. However, it's important to note that the lack of a supply cap does not guarantee unlimited growth in value.
- Nov 24, 2021 · 3 years agoAbsolutely! There are several cryptocurrencies that have no cap on their supply. One such example is Ripple (XRP). Ripple's supply is not capped, and new XRP tokens are released periodically. This allows for potential unlimited growth in supply. However, it's important to consider other factors such as market demand and adoption when evaluating the investment potential of a cryptocurrency.
- Nov 24, 2021 · 3 years agoIndeed, there are cryptocurrencies that have 'no cap' on their supply. One such cryptocurrency is BYDFi (BYD). BYDFi is a decentralized finance platform that offers a unique tokenomics model with no maximum supply limit. This means that the supply of BYD tokens can continue to increase over time. However, it's important to conduct thorough research and consider various factors before making any investment decisions.
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