Let'S use DigiByte as an example to present and compare

Question

Let'S use DigiByte as an example to present and compare

this data.
Why?
- Because it is a deflationary coin and because contrary to Dogecoin it has a fixed total supply of 21B coins.
DigiByte's emission (generation) goes down by approximately 1% per month, and all 21B coins will be mined near the end of 2034.
Currently approximately 14,95B coins are in circulation with a price of 3,5 cent ($USD), making the market cap approximately $524M

Doge as previously mentioned has no fixed supply, and has a current circulating supply of approximately 132.6B, at a price of approximately 17 cents, making the market cap approximately $22,84B.

Based on emission, DigiByte should have a lower annual inflation rate than Doge, but because of suffering volume and miners dumping, affecting price, DigiByte's annual inflation rate is actually almost twice that of Dogecoin. Meaning the inflation rate is actually dynamic and ever-changing based on market conditions and can not be based solely on technical specification of the respective protocol.

So with that in mind, volume has a considerable impact on the inflation rate.

#blockchain #cryptocurrency #doge #russian

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22.12.2021

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Lex Luna DOGE · Accepted Answer

Lex Luna DOGE

Ok, I see what u mean. That's why premined coins with locked walkets have a high price risks

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22.12.2021

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Let'S use DigiByte as an example to present and compare

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