Najeeb UllahDec 17, 2021 · 3 years ago3 answers How does the number of Dogecoins affect its value in the market?
In the cryptocurrency market, the value of a digital currency like Dogecoin is influenced by various factors. One such factor is the number of Dogecoins in circulation. How does the total supply of Dogecoins affect its value in the market? Does a higher number of Dogecoins lead to a decrease in value, or does it have a different impact? What are the mechanisms through which the number of Dogecoins affects its value?