How Many Tron (TRX) Coins Are in Circulation?71
Tron (TRX) is a decentralized, open-source blockchain-based platform that aims to build a global entertainment system for the digital age. It was founded by Justin Sun in 2017 and has since become one of the most popular cryptocurrencies in the world. As of August 2023, the total supply of TRX is 92,905,297,117. This number is fixed and will never increase, as it was determined during the initial token distribution.
The total supply of TRX is divided into two main parts: the circulating supply and the non-circulating supply. The circulating supply refers to the number of TRX tokens that are currently in circulation and available for trading. As of August 2023, the circulating supply of TRX is approximately 71,659,488,075. The non-circulating supply refers to the number of TRX tokens that are not yet in circulation and are held by the Tron Foundation. As of August 2023, the non-circulating supply of TRX is approximately 21,245,809,042.
The total supply of TRX is capped at 100,000,000,000. This means that there will never be more than 100 billion TRX tokens in existence. The remaining 7,094,702,883 TRX tokens are expected to be released into circulation over the next few years through a process known as "inflation." Inflation is a process by which new TRX tokens are created and added to the circulating supply. The rate of inflation is determined by the Tron Foundation and is currently set at 5% per year.
The total supply of TRX is an important factor to consider when evaluating the cryptocurrency's potential value. A smaller total supply can make a cryptocurrency more scarce and valuable, while a larger total supply can make a cryptocurrency more affordable and accessible. The fixed total supply of TRX makes it a relatively scarce cryptocurrency, which could contribute to its long-term value.
Key Points
The total supply of TRX is 92,905,297,117.
The circulating supply of TRX is approximately 71,659,488,075.
The non-circulating supply of TRX is approximately 21,245,809,042.
The total supply of TRX is capped at 100,000,000,000.
The remaining 7,094,702,883 TRX tokens are expected to be released into circulation over the next few years through inflation.
The fixed total supply of TRX makes it a relatively scarce cryptocurrency, which could contribute to its long-term value.
2025-01-26
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