Monero (XMR) has a total circulation of 18.44 million coins. Although there is no upper limit on the total supply of Monero, the inflation rate of Monero is strictly controlled by halving the reward every 6 million blocks, and the inflation rate is less than 1%, which helps to avoid deflation and promote long-term growth. Monero uses the CryptoNote core algorithm, based on the new digital ring signature, the reward for each block is uncertain, and the block time is 600 seconds.