Question

What is a cryptocurrency hard cap?

Answer 1

The hard cap in a cryptocurrency refers to the maximum supply limit of that particular cryptocurrency token that will ever be created. Once the hard cap is reached, no additional tokens can be produced, ensuring scarcity and potentially affecting the value of the cryptocurrency.

Answer 2

A cryptocurrency hard cap refers to the maximum supply limit of a particular cryptocurrency that will ever be created or mined. Once the hard cap limit is reached, no more units of that cryptocurrency will be generated, ensuring scarcity and potentially driving up the value of the existing tokens.