5 Cryptocurrency With Limited Supply
WHAT IS SUPPLY IN CRYPTOCURRENCY?
Supply refers to the total number of coins in circulation and available for trade in the cryptocurrency market.
Fixed/Maximum supply is the total number of coins that will ever be in circulation and available in the cryptocurrency market.
Total Supply is the total number of coins that has been mined and it includes burned coins and coins that are no longer in circulation.
Circulating Supply is known as the total number of coins in circulation.
TOP 15 CRYPTOCURRENCY WITH LIMITED SUPPLY
1. BITCOIN (BTC)
Bitcoin is the first peer-to-peer decentralized cryptocurrency created by an anonymous person or group of person named Satoshi Nakamoto. It that operates freely without the intervention of any control of middleman, banks or government. All bitcoin transactions are verified via a process known as “mining” before they are added to the blockchain.
2. CARDANO (ADA)
Cardano is a decentralized Proof-Of-Stake(POS) blockchain platform that runs on the Ouroboros consensus protocol, cardano enables Dapps with multi-asset ledger and verifiable smart contracts and it is being built on 5 main phases which are foundation, decentralization, smart contracts, scaling, and governance.
3. RIPPLE (XRP)
Ripple is an open-source blockchain based digital payment network that is focusing on advancing the world of payment with greater transparency and less cost, XRP coin is the native asset of the XRP Ledger that help in quick transfer of money among two parties usually across borders. Ripple transactions are confirmed in seconds on the ripple network, it standard transaction fees are as low as 0.00001 XRP.
4. AVALANCHE (AVAX)
Avalanche is an open-source, programmable smart contract platform used for creating custom blockchains and decentralized applications. Avalanche is the fastest smart contracts platform in the blockchain industry with the capacity of validating over 4,500 transactions per second (TPS).
5. LITECOIN (LTC)
Litecoin is a peer-to-peer, decentralized, global payment network cryptocurrency created by Charlie Lee in 2011. Litecoin was forked on the original Bitcoin project. it is designed to process block every 2.5 minutes which makes it 4X faster than bitcoin.