What are the factors that determine the total supply of ICP in the crypto industry?

1 answers

• Mar 15, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, explains that the total supply of ICP in the crypto industry is influenced by various factors. The initial distribution of ICP tokens, including the allocation to the project team and early investors, plays a significant role. The tokenomics of ICP, such as the inflation rate and token release schedule, also impact the total supply. Additionally, the market demand for ICP can affect the total supply. If there is high demand, it may lead to increased token circulation and potentially impact the total supply. It is important to consider these factors when analyzing the total supply of ICP in the crypto industry.
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