There are currently 57,900,000 Propy (PRO) coins in circulation, with a maximum supply of 100,000,000 PRO coins ever to be created.
Propy (PRO) is a cryptocurrency designed to facilitate real estate transactions on the blockchain. Understanding its supply dynamics involves looking at two key figures: the circulating supply and the maximum supply.
Understanding Propy's Coin Supply
Circulating Supply refers to the number of coins that are currently available to the public and are actively trading on the market. This figure can fluctuate as new coins are released or existing ones are moved.
Maximum Supply represents the total number of coins that will ever exist for a particular cryptocurrency. Once this limit is reached, no new coins can be minted, which can contribute to scarcity and potentially influence long-term value.
For Propy (PRO), these figures are clearly defined:
| Supply Type | Amount (Coins) | Amount (Millions) |
|---|---|---|
| Circulating Supply | 57,900,000 | 57.90M |
| Maximum Supply | 100,000,000 | 100.00M |
These figures provide insight into the current availability and the ultimate scarcity of Propy coins. The circulating supply indicates how many PRO tokens are actively being used and traded today, while the maximum supply sets an ultimate cap on the total number of tokens that will ever exist in the Propy ecosystem.
Why Supply Matters for Cryptocurrencies
The supply model of a cryptocurrency is a crucial factor that influences its economics and potential value.
- Scarcity: A fixed and limited maximum supply, like Propy's 100 million PRO, introduces scarcity, which can be a fundamental driver of value over time, similar to precious metals.
- Inflation/Deflation: The rate at which new coins enter circulation (or are removed from it) impacts the inflationary or deflationary nature of a cryptocurrency. Propy's defined supply schedule helps in predicting its long-term tokenomics.
- Market Dynamics: The circulating supply directly affects the market capitalization (total value of all coins in circulation) and liquidity. A larger circulating supply generally means more tokens are available for trading, which can impact price volatility and overall market stability.
For more information about Propy and its mission in real estate, you can visit the official Propy website.
