✅🚀🫡PancakeSwap Community Proposes a 40% Reduction in Total Supply of CAKE
Relationship Between Supply Limit and Price in Altcoins
Altcoins are typically characterized as decentralized digital assets with a limited supply. Having a specific supply limit, and especially keeping it low, can contribute to the asset being viewed as a potential store of value, as a limited supply generally supports an increase in value.
Moreover, most altcoins are generally resistant to inflation. Once a certain supply limit is reached, the issuance of new tokens/coins stops, which helps prevent inflation. In traditional currencies, central banks often control the money supply, which can introduce risks of inflation or devaluation.🤝
