What is the total supply of Litecoins?
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Can you please provide me with the total supply of Litecoins? I'm curious to know how many Litecoins are in circulation and if there is a maximum limit to the number of Litecoins that can be created.
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3 answers
- Sure! The total supply of Litecoins is 84 million. This means that there will only ever be 84 million Litecoins in existence. Unlike some other cryptocurrencies, Litecoin has a fixed supply, which means that no more Litecoins will be created once the total supply reaches 84 million. This scarcity can potentially increase the value of Litecoin over time.
Dec 18, 2021 · 3 years ago
- Litecoin's total supply is 84 million. This number was chosen to be four times the total supply of Bitcoin, which is 21 million. By having a larger total supply, Litecoin aims to provide a more accessible and affordable alternative to Bitcoin. It's important to note that the total supply of Litecoins is finite and will never exceed 84 million.
Dec 18, 2021 · 3 years ago
- The total supply of Litecoins is 84 million. This number was set by the creator of Litecoin, Charlie Lee, to ensure that there is a sufficient supply of Litecoins to meet the demand. Unlike some other cryptocurrencies, such as Bitcoin, Litecoin's total supply has already been reached, which means that no new Litecoins will be created. This limited supply can potentially contribute to the value of Litecoin in the long term. If you're interested in trading Litecoins, you can check out BYDFi, a popular cryptocurrency exchange that offers a wide range of trading options.
Dec 18, 2021 · 3 years ago
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