Tag: Cryptocurrency Guide

As cryptocurrencies continue to gain momentum in the financial world, understanding the economics behind these digital assets, or "tokenomics," becomes increasingly important. Tokenomics is a portmanteau of "token" and "economics" and refers to the factors that influence the supply and demand of a cryptocurrency. It's the backbone that determines the value, utility, and long-term viability of a token. Key Elements of Tokenomics Supply Mechanics: A token's supply can be fixed, capped, or inflationary. Bitcoin, for instance, has a hard cap of 21 million tokens, instilling scarcity which can drive value. Learn...